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1 Jun 2026, 17:00

OKX Lists TRXUSD Expiry Perps (X-Perp), Offering MiFID-Compliant Derivative Access to TRX

Geneva, Switzerland — June 1, 2026 — TRON DAO , the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), today announced the listing of TRXUSD Expiry Perpetuals (X-Perps) on OKX Europe Markets Ltd. (“OKX Europe”), expanding regulated access to TRX across the European Economic Area (EEA). TRX is the native utility token of the TRON blockchain, one of the world’s largest public blockchain networks by user activity and stablecoin settlement volume. The network supports a broad range of blockchain-based financial applications, including payments, stablecoins, decentralized finance (DeFi), and digital asset settlement. USDT on TRON (TRC20) remains one of the most widely used stablecoins globally. TRXUSD X-Perp is a MiFID-regulated crypto derivatives product available to eligible retail and institutional traders across 30 EEA jurisdictions. The product offers a perpetual-style trading experience with a fixed five-year cash settlement date, allowing users to take long or short positions on TRX with up to 10x leverage while maintaining alignment with spot market pricing through a funding rate mechanism. Its listing on OKX Europe reflects the exchange’s continued expansion of regulated digital asset offerings in Europe, providing compliant market infrastructure designed to improve access, transparency, and confidence for European traders. “Bringing regulated derivatives exposure to European markets marks an important step for the TRON ecosystem and the broader digital asset industry,” said Justin Sun, Founder of TRON. “This launch gives European users additional ways to engage with the TRON blockchain through a trusted and compliant trading platform.” As demand for compliant digital asset products continues to grow in the region, the listing expands liquidity and regulated market access to an ecosystem that has processed more than $26 trillion in cumulative transfer volume, is leveraged by over 382 million user accounts, averages approximately 10 million daily transactions, and maintains more than $29 billion in total value locked (TVL). *Available to eligible customers across the European Economic Area (EEA), subject to applicable local laws, regulations, and platform eligibility requirements. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. Until recently, TRON hosted the largest circulating supply of USD Tether (USDT) stablecoin, which currently exceeds $89 billion. As of May 2026, the TRON blockchain has recorded over 382 million in total user accounts, more than 14 billion in total transactions, and over $29 billion in total value locked (TVL), based on TRONSCAN. Recognized as the global settlement layer for stablecoin transactions and everyday purchases with proven success, TRON is “Moving Trillions, Empowering Billions.” TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park [email protected]

1 Jun 2026, 16:00

Ripple unlocks 1 billion XRP from escrow account

Ripple Labs unlocked 1 billion XRP on June 1, 2026, from the escrow account. The blockchain payment company received the monthly unlock on Monday across three transactions, according to on-chain data from XRPSCAN, as analyzed by Finbold. The largest single transaction involved 500 million XRP, valued at about $640 million at press time. Ripple’s unlock of XRP from escrow. Source: XRPscan Additionally, the company received 400 million and 100 million XRP from the escrow account, valued at about $512 million and $128 million, respectively. Ripple received its monthly unlocks as expected to fund its operations. Moreover, Ripple and XRP are interdependent in terms of growth prospects. Notably, the company uses XRP sales to fund the development of cross-border payments products, which are crucial to the mainstream adoption of the XRP Ledger (XRPL), which uses XRP as its native token. Ripple XRP escrow unlock impact Ripple Labs has been a major source of XRP dilution over the years. Since the beginning of this year, the company has relocked 3.5 billion tokens to the escrow account. As such, if Ripple follows its set norm, it could relock 700 million tokens from its June unlock, thereby increasing the total locked-up tokens YTD to 4.2 billion units. Notably, the company has retained 1.5 billion XRP and could add an additional 300 million from its June unlock. As such, the XRP escrow’s balance dropped to about 33 billion tokens, worth approximately $42.31 billion, at the time of publication. Meanwhile, the altcoin’s total circulating supply surged to 66.916 billion, at about $85.65 billion at press time. XRP distribution. Source: XRPSCAN The company’s XRP escrow unlock may not directly affect the token’s value if it engages in over-the-counter (OTC) trades. However, if Ripple Labs makes a significant deposit across various crypto exchanges, the altcoin could face additional selling pressure. ​ The post Ripple unlocks 1 billion XRP from escrow account appeared first on Finbold .

1 Jun 2026, 15:25

Best Ways to Bet on FIFA World Cup 2026 With USDT

The 2026 FIFA World Cup is expected to become the largest football betting event in history. The tournament runs from June 11 to July 19 across the United States, Canada, and Mexico, featuring 48 teams and 104 matches under FIFA's expanded format. At the same time, stablecoins have become one of the most widely used payment methods in online gambling. USDT remains the largest stablecoin by market capitalization and processes tens of billions of dollars in daily transaction volume, making it one of the most liquid digital assets available. For many football bettors, combining World Cup betting with USDT offers a practical alternative to traditional banking. Deposits settle faster, transfers are available globally, and players can avoid many of the limitations associated with cards and bank transfers. This guide explains the most effective ways to use USDT for FIFA World Cup 2026 betting and what to consider before placing wagers. Why USDT Has Become Popular for Sports Betting Unlike Bitcoin, whose value can move significantly during a tournament, USDT is designed to maintain a stable value close to one U.S. dollar. This stability solves a common problem for sports bettors. If someone deposits $1,000 in Bitcoin before the World Cup, the value of that bankroll may change substantially before the tournament ends. With USDT, bankroll value remains relatively stable regardless of crypto market volatility. Several other factors contribute to USDT's popularity: Fast deposits and withdrawals Global accessibility Lower transfer costs on networks like TRON Easier bankroll management No exposure to major price swings Stablecoin adoption continues to grow globally, particularly in regions where access to international banking services is limited. Transaction volumes reached tens of trillions of dollars across the stablecoin sector during 2025. Choose a Sportsbook That Supports USDT Natively The first step is selecting a sportsbook that treats cryptocurrency as a primary payment method rather than an additional option. Many traditional bookmakers now accept crypto deposits but still require extensive verification procedures during withdrawals. Crypto-native sportsbooks typically provide a smoother experience. Dexsport is one example. The platform supports Tether alongside dozens of other cryptocurrencies across multiple blockchain networks. Players can register through email, Telegram, or Web3 wallets without mandatory identity verification and access both sportsbook and casino products immediately. The platform also supports live betting, cash-out functionality, and more than 100 betting markets on major football matches. Other sportsbooks frequently used by crypto bettors include Stake, Cloudbet, Vave, Lucky Block, and Mega Dice, each offering varying levels of USDT support and betting depth. Focus on Markets That Offer Long-Term Value World Cup betting extends far beyond match winners. The tournament's expanded format creates more opportunities across futures, player performance markets, and group-stage betting. Popular USDT betting markets include: Tournament winner Group winners Golden Boot winner To reach semifinals Correct score Both teams to score Asian handicaps Total goals Player goals and assists Many experienced bettors allocate only a portion of their bankroll to outright winner markets because funds remain locked throughout the tournament. Instead, they combine long-term positions with match-by-match betting opportunities. Use Live Betting Strategically Live betting will likely account for a significant share of World Cup wagering activity. Odds change constantly during matches, creating opportunities that are unavailable before kickoff. Examples include: Betting on goals after a slow first half Backing favorites after conceding early Using over/under markets after tactical shifts Taking advantage of player substitution effects Several crypto sportsbooks now provide real-time odds updates and cash-out functionality. Dexsport allows users to settle wagers before the final whistle through its Cash Out feature, helping bettors secure profits or reduce losses as matches develop. The ability to move funds quickly using USDT becomes particularly useful during intensive tournament schedules when multiple matches occur every day. Consider Network Fees Before Depositing Not all USDT transactions are equal. Tether exists on multiple blockchain networks, including: Network Typical Cost Speed TRON (TRC-20) Very Low Fast Ethereum (ERC-20) Higher Moderate BNB Chain Low Fast Polygon Low Fast Many bettors prefer TRON-based USDT because transfer costs are often significantly lower than Ethereum-based transactions. Before depositing, verify that both your wallet and sportsbook support the same network. Sending USDT through the wrong blockchain can result in permanent loss of funds. Take Advantage of World Cup Promotions Major tournaments traditionally trigger some of the largest sportsbook promotions of the year. Free bets, enhanced odds, cashback campaigns, and accumulator boosts are expected throughout FIFA World Cup 2026. Crypto sportsbooks often structure promotions differently from traditional bookmakers. Instead of requiring fiat deposits, rewards may be distributed directly in USDT or other digital assets. Dexsport regularly runs event-based promotions tied to major football competitions and offers a welcome package that includes deposit bonuses, free bets, cashback, and free spins. When evaluating promotions, focus on: Wagering requirements Maximum withdrawal limits Eligible betting markets Minimum odds requirements Bonus expiration dates A smaller bonus with transparent conditions often provides more value than a larger promotion with restrictive terms. Manage Your USDT Bankroll Properly The World Cup lasts 39 days and includes 104 matches. This volume creates endless betting opportunities, which can tempt players into overextending their bankrolls. A disciplined approach generally includes: Defining a fixed tournament bankroll Using consistent stake sizing Avoiding emotional betting after losses Separating futures bets from daily wagers Tracking results throughout the tournament Using USDT simplifies this process because bankroll value remains relatively stable compared to holding volatile cryptocurrencies. Is Betting on the World Cup With USDT Safe? Safety depends primarily on platform selection rather than payment method. Before depositing, verify: Licensing status Security audits Withdrawal reputation Transparent bonus terms User reviews Supported blockchain networks Dexsport operates under an Anjouan license and has undergone security audits from CertiK and Pessimistic. The platform also provides public bet tracking that allows users to view betting activity in real time. Regardless of the sportsbook used, players should always enable wallet security features, verify deposit addresses carefully, and avoid storing large balances online for extended periods. Final Thoughts USDT has become one of the most practical ways to bet on FIFA World Cup 2026. It combines the speed and accessibility of cryptocurrency with the price stability needed for long tournaments. The most effective approach involves choosing a reputable crypto sportsbook, focusing on high-value betting markets, using live betting selectively, and maintaining disciplined bankroll management throughout the competition. As World Cup 2026 expands to 48 teams and 104 matches across North America, bettors will have more opportunities than ever before. For users who prefer stablecoin payments, platforms such as Dexsport provide a crypto-native betting environment with fast transactions, broad market coverage, and flexible account access designed specifically for digital asset users. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

1 Jun 2026, 15:19

Sui Blames Last Week's Trio of Network Outages on Gas and Validator Bugs

The Sui blockchain suffered three separate failures in 48 hours due to gas calculation bugs and validator synchronization issues.

1 Jun 2026, 15:15

Radiant Capital to Shut Down After Failing to Recover From $53 Million Hack

BitcoinWorld Radiant Capital to Shut Down After Failing to Recover From $53 Million Hack Radiant Capital (RDNT), a decentralized finance protocol built on the Arbitrum and BNB Chain ecosystems, has announced it is beginning the process of ceasing operations. The decision comes after an 18-month recovery effort following a devastating $53 million exploit in October 2024. Failed Recovery and Loss of Viability In an official statement, the Radiant team confirmed that despite sustained efforts to recover stolen funds or secure new capital, neither goal was achieved. “The conditions to operate the protocol responsibly no longer exist,” the team wrote, signaling the end of the project’s operational runway. The protocol will now transition into a maintenance mode. While the front-end interface will remain functional, and smart contracts will continue to operate on-chain, no new development or growth initiatives will be pursued. Users can still withdraw deposits, repay loans, and manage existing positions through the platform. What Happens to Users and the Recovery Portal For victims of the October 2024 hack, the recovery portal will remain active. Any future assets recovered through ongoing legal or investigative efforts will be returned directly to affected users. The team emphasized that no new funds will be locked, and existing user positions are not at immediate risk of loss due to the shutdown. According to CoinMarketCap, RDNT is currently trading at $0.001465, down 3.65% on the day, reflecting the market’s reaction to the announcement. Broader Implications for DeFi Radiant Capital’s closure underscores the persistent challenges facing decentralized finance protocols, particularly around security and post-exploit recovery. The $53 million hack in October 2024 was one of the larger exploits of the year, and the inability to recover funds or attract rescue capital highlights the fragility of even well-known DeFi projects. The case also serves as a cautionary tale for users and investors in the DeFi space. While smart contracts offer transparency and autonomy, they also expose users to irreversible losses when vulnerabilities are exploited. Radiant’s failure to secure a bailout or insurance payout raises questions about the sustainability of protocols that lack robust contingency planning. Conclusion Radiant Capital’s shutdown marks the end of a project that once held promise in the cross-chain lending space. The team’s decision to maintain a functional interface for withdrawals and loan repayments offers some relief to users, but the loss of $53 million in user funds remains a stark reminder of the risks inherent in DeFi. As the industry matures, the ability to recover from exploits and maintain user trust will likely become a key differentiator between protocols that survive and those that do not. FAQs Q1: Can I still withdraw my funds from Radiant Capital? Yes. The protocol’s front-end and smart contracts remain operational in maintenance mode, allowing users to withdraw deposits, repay loans, and manage their positions. Q2: Will victims of the October 2024 hack ever get their money back? The recovery portal remains active, and any future assets recovered will be returned to affected users. However, the team has stated that no funds have been recovered so far, and there is no guarantee of future recovery. Q3: What caused Radiant Capital to shut down? The protocol suffered a $53 million exploit in October 2024. After 18 months of unsuccessful recovery efforts and an inability to attract new capital, the team determined that the conditions to operate responsibly no longer existed. This post Radiant Capital to Shut Down After Failing to Recover From $53 Million Hack first appeared on BitcoinWorld .

1 Jun 2026, 14:50

Celo Names Former Mento Labs CEO Markus Franke as Global Head of Stablecoins

BitcoinWorld Celo Names Former Mento Labs CEO Markus Franke as Global Head of Stablecoins Celo, the Ethereum Layer 2 network focused on mobile DeFi, has appointed Dr. Markus Franke as its Global Head of Stablecoins, according to an announcement published on the project’s official Medium page. Franke will oversee the expansion of Celo’s on-chain economy, including partnerships, new stablecoin issuance, and institutional adoption strategies. From cLabs to Mento Labs: A Decade of Stablecoin Expertise Franke brings deep roots in the Celo ecosystem. He previously served as a senior economist at cLabs, the early development team behind Celo, and was instrumental in shaping the project’s initial vision before its mainnet launch. He later co-founded Mento Labs, a protocol focused on decentralized stablecoin issuance, and served as its CEO. Under his leadership, Mento Labs developed more than 10 local currency-based stablecoins, including BRLm, which is pegged to the Brazilian real. This appointment signals Celo’s intent to double down on stablecoins as a core growth driver. Stablecoins remain the most widely used on-chain financial product, with total market capitalization exceeding $200 billion across major blockchains. For Celo, which has positioned itself as a mobile-first platform for real-world payments, expanding stablecoin offerings is a strategic priority. Why This Matters for Celo and the Broader Market Celo originally launched as an independent Layer 1 blockchain before transitioning to an Ethereum Layer 2 in 2024. The migration aimed to leverage Ethereum’s security and liquidity while maintaining Celo’s focus on mobile accessibility and stablecoin-based payments. Franke’s appointment comes at a time when stablecoin competition is intensifying, with established players like USDC and USDT facing new challengers from decentralized protocols and regional stablecoins. Franke’s experience at Mento Labs, particularly with local currency-pegged stablecoins, positions Celo to target emerging markets where dollar-pegged stablecoins may face regulatory or usability challenges. Brazil, for example, has seen growing adoption of BRLm for remittances and local commerce, offering a template for similar expansions in other regions. Institutional Adoption and Regulatory Landscape Institutional interest in stablecoins is rising, driven by clearer regulatory frameworks in jurisdictions like the European Union’s MiCA and potential U.S. stablecoin legislation. Celo’s focus on compliant, transparent stablecoin issuance could attract partnerships with traditional financial institutions and fintech companies. Franke’s background in both economic theory and practical protocol development gives him a unique vantage point to navigate these opportunities. The appointment also reflects a broader trend of blockchain projects hiring experienced executives to lead product-specific initiatives, rather than relying solely on generalist leadership. As the crypto industry matures, specialized roles like Head of Stablecoins are becoming more common. Conclusion Dr. Markus Franke’s return to Celo in a dedicated stablecoin leadership role underscores the network’s commitment to becoming a hub for decentralized, accessible, and locally relevant stablecoins. With his track record at Mento Labs and deep understanding of Celo’s architecture, Franke is well-positioned to drive the next phase of the platform’s growth. For users and investors, this signals a focused strategy that could strengthen Celo’s position in the competitive stablecoin market. FAQs Q1: What is Celo? Celo is a mobile-first blockchain platform that focuses on making decentralized financial tools accessible via smartphones. It originally launched as a Layer 1 blockchain and later transitioned to an Ethereum Layer 2 network in 2024. Q2: What does the Global Head of Stablecoins role involve? The role involves overseeing the development and issuance of stablecoins on Celo, forming partnerships with issuers and institutions, and driving adoption strategies for both retail and institutional users. Q3: What is Mento Labs? Mento Labs is a protocol for issuing decentralized stablecoins, initially spun out from the Celo ecosystem. It has launched multiple local currency-pegged stablecoins, such as BRLm (Brazilian real) and others, targeting emerging markets. This post Celo Names Former Mento Labs CEO Markus Franke as Global Head of Stablecoins first appeared on BitcoinWorld .