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1 Jun 2026, 14:10

Dogecoin Foundation Partners with Paxos to Boost Fintech Integration

BitcoinWorld Dogecoin Foundation Partners with Paxos to Boost Fintech Integration House of Doge, the corporate foundation behind Dogecoin (DOGE), has entered a partnership with blockchain infrastructure firm Paxos to integrate the cryptocurrency into Paxos’s platform, as first reported by The Block. The collaboration aims to expand Dogecoin’s utility by connecting it with major global fintech services. Paxos’s Role in the Crypto Ecosystem Paxos is a well-established provider of crypto trading and custody solutions. Its client list includes prominent financial platforms such as PayPal, Venmo, Interactive Brokers, and Mercado Libre. By adding support for Dogecoin, Paxos enables these and potentially other partners to offer DOGE-related services to their users, ranging from buying and selling to secure storage. Implications for Dogecoin Adoption This partnership marks a significant step for Dogecoin, which began as a meme-inspired token but has developed a substantial user base. Integrating with Paxos’s infrastructure could bring Dogecoin to a wider audience of mainstream investors and consumers who use these fintech apps daily. It also provides a regulated pathway for platforms to offer DOGE, which may increase trust among institutional and retail users alike. What This Means for Users For everyday users of PayPal, Venmo, and other platforms, this integration could eventually simplify how they access Dogecoin. Instead of using specialized crypto exchanges, they might be able to buy, sell, and hold DOGE directly within their existing financial apps. This reduces friction and could drive higher transaction volumes for Dogecoin. Conclusion The partnership between House of Doge and Paxos represents a concrete effort to embed Dogecoin into mainstream financial infrastructure. While the full rollout of services will depend on Paxos’s existing and future clients, the agreement signals growing institutional interest in DOGE beyond its meme origins. Readers should watch for announcements from specific platforms about when Dogecoin support becomes available. FAQs Q1: What is House of Doge? House of Doge is the corporate foundation that manages the Dogecoin brand and ecosystem, focusing on development, adoption, and partnerships. Q2: Will I be able to use Dogecoin on PayPal immediately? Not necessarily. The partnership enables Paxos to support DOGE, but individual platforms like PayPal must choose to activate it. There is no confirmed timeline for specific integrations. Q3: Is Dogecoin now considered a serious investment? This integration adds legitimacy and utility, but Dogecoin remains a highly volatile cryptocurrency. Investors should assess their own risk tolerance and do their own research. This post Dogecoin Foundation Partners with Paxos to Boost Fintech Integration first appeared on BitcoinWorld .

1 Jun 2026, 14:03

Crypto Hacks Drop 87% in May to $81.7 Million But Cross-Chain Bridges Remain the Industry’s Most Exploited Target

After one of the most brutal months on record, the crypto security picture improves dramatically in May 2026. Total losses from hacks and exploits fall to somewhere between $68 million and $81.7 million depending on the measuring firm, either way, a decline of roughly 87 to 90 percent compared to the approximately $647 to $650 million stolen in April. The numbers offer genuine relief. But buried inside them is a pattern that refuses to go away: cross-chain bridges are still getting hit harder than anything else, and the list of protocols losing tens of millions to exploits is long enough to keep the industry honest about how much work remains. May’s Total Losses and What The Decline Actually Means #PeckShieldAlert In May 2026, the crypto space saw 40 major hacks totaling $81.7M – an 87.4% MoM decrease from April ($647M). Cross-chain protocols remained a primary target – with 8 significant #bridge & #crosschain exploits accounting for $33.28M (41%) of the month's total… pic.twitter.com/Q1vrqXZJt8 — PeckShieldAlert (@PeckShieldAlert) June 1, 2026 PeckShield counts 40 major hacks in May 2026 with total losses reaching $81.7 million, representing an 87.4% month-over-month decrease from April’s $647 million. CertiK’s parallel accounting lands at $68.3 million, arriving at a similar conclusion through a slightly different methodology, either way, the directional story is the same. May is significantly safer than April was. #CertiKStatsAlert Combining all the incidents in May we’ve confirmed ~$68.3M lost to exploits with ~$2.6M of the total attributed to phishing. After a particularly bad April, May is now the third month of 2026 to record losses under 100M$. More details below pic.twitter.com/GSWTLKXWDH — CertiK Alert (@CertiKAlert) May 31, 2026 That improvement is worth acknowledging. April 2026 was by several measures the worst month for crypto security in recent memory, with near-daily exploits and losses accumulating at a pace that shocked even veteran observers of the space. Coming off that baseline, an 87 to 90 percent decline is not a rounding error, it is a material shift, and CertiK reads it as a signal of improved security practices beginning to take hold across the industry. The honest caveat is that one relatively quiet month does not constitute a trend. May’s figure still represents $68 to $81 million in stolen funds across 40 incidents. Framed against the horror of April, that looks like progress. Framed against any reasonable standard of what a maturing financial infrastructure should tolerate, it is still a significant number. Cross-Chain Bridges Take The Hardest Hits Again Eight significant bridge and cross-chain exploits account for $33.28 million of May’s total losses, 41 percent of the month’s damage concentrated in a single category of infrastructure. That figure lands not as a surprise but as a confirmation of a pattern the industry has been watching build for years. Bridges are the most reliably exploited structures in crypto, and May does nothing to disturb that reputation. #PeckShieldAlert In May 2026, the crypto space saw 40 major hacks totaling $81.7M – an 87.4% MoM decrease from April ($647M). Cross-chain protocols remained a primary target – with 8 significant #bridge & #crosschain exploits accounting for $33.28M (41%) of the month's total… pic.twitter.com/Q1vrqXZJt8 — PeckShieldAlert (@PeckShieldAlert) June 1, 2026 The structural reasons for this concentration of risk are well understood at this point. Cross-chain bridges hold large pools of collateral in custody on one chain while minting mirror assets on another. They advertise their addresses publicly, they process high-value transfers continuously, and their security model almost always depends on some combination of smart contract logic, validator sets, and cryptographic key management, any one of which, if compromised, can drain the entire pool. May’s bridge exploits run the gamut of these failure modes, from key compromises to validator coordination failures to contract vulnerabilities. The Top Ten Exploits That Defined The Month The full breakdown of May’s ten largest hacks] reveals both the scale and the diversity of the attacks. SUPERFORTUNE888 leads the list with $15.18 million in losses, taking the month’s largest single exploit. The Verus-Ethereum Bridge follows at $11.58 million, a notable entry on the list because those funds are subsequently refunded, making it one of the rare cases where an exploit results in recovery rather than permanent loss. THORChain absorbs $10 million, continuing a difficult year for a protocol that has faced repeated security challenges. DxSale loses $7.3 million, while Trusted Volumes suffers $5.9 million in losses. Gravity Bridge, which draws significant community attention after investigators flag the mechanics of its key compromise, is drained for $5.4 million, with a substantial portion of those funds remaining in the attacker’s wallet at the time of reporting. SquidRouter Module loses $3 million, StablR Euro suffers $2.8 million, TAC’s cross-chain layer on the TON side loses another $2.8 million, and RetoSwap rounds out the top ten at $2.7 million. Taken together, these ten incidents account for the overwhelming majority of May’s total losses and span multiple chains, bridge architectures, and exploit vectors. Why Bridges Keep Absorbing The Damage The persistence of bridge exploits at the top of every monthly security report is not a coincidence, and it is not bad luck. It is a structural consequence of how cross-chain infrastructure is currently built and operated. Bridges concentrate value in identifiable locations, they depend on key management practices that vary enormously in quality across projects, and they often operate with validator sets small enough that compromising a small number of signers translates directly into full control over the custody pool. The Gravity Bridge and Verus-Ethereum Bridge incidents in May both reflect versions of this problem. When three out of four guardian keys are compromised on a Wormhole fork, the quorum math delivers full bridge authority to the attacker instantly. When validator coordination fails during a key rotation, the window of vulnerability opens faster than any monitoring system can close it. These are not exotic attack scenarios requiring sophisticated zero-day exploits, they are known failure modes being exploited repeatedly because the underlying architectural decisions that create them have not been sufficiently addressed across the industry. What The April-to-May Decline Suggests About Security Progress The 87 percent drop from April to May invites a question worth sitting with: is this genuine improvement, or is it regression to the mean after an unusually catastrophic month? The honest answer is probably some of both. April’s losses were inflated by several very large individual exploits, KelpDAO’s $300 million loss and Drift’s $200 million loss contributed an enormous share of that month’s total, and months with losses at that scale are statistical outliers even in crypto’s difficult security environment. At the same time, CertiK’s assessment that the decline reflects improved security measures is not without basis. The industry has been investing more heavily in formal verification, third-party auditing, bug bounty programs, and real-time on-chain monitoring than at any previous point in its history. Those investments do not produce overnight results, but they accumulate over time, and the May figures may be beginning to reflect some of that accumulated effort. The Road Ahead For Crypto Security Forty exploits in a single month, even a relatively good month, is a number that demands continued attention. The improvement from April is real and meaningful, but the structural vulnerabilities that made April possible have not been eliminated. Bridge architecture remains dangerously concentrated. Guardian sets remain undersized on many cross-chain protocols. Key management practices remain inconsistent across the industry. And the financial incentive to attack these structures, which scales directly with the value they hold, is not diminishing. The $33.28 million lost to bridge and cross-chain exploits in May represents 41 percent of the month’s total damage from a category of infrastructure that the industry already knows is its weakest point. That knowledge has not yet translated into the architectural changes required to make bridges meaningfully harder to attack. Until it does, the monthly security reports will keep telling the same story, with the numbers moving up and down around an average that remains far too high for an industry that wants to be taken seriously as financial infrastructure. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !

1 Jun 2026, 14:02

XRP-Focused Analyst: This Model Shows XLM Is in the “Sweet Spot” for Breakout

Stellar (XLM) continues to trade within a long-term consolidation pattern that has now entered what crypto analyst EGRAG CRYPTO (@egragcrypto) describes as the most favorable stage for a major breakout. His latest chart focuses on XLM’s market capitalization rather than price alone, highlighting a multi-year ascending triangle that has compressed for several years while maintaining its structure. According to the analyst, time spent inside the pattern could prove just as important as price action itself. As volatility continues to contract and support remains intact, he believes XLM is moving toward a critical point in the cycle. #XLM Market Cap – The Ascending Triangle Compression Model Most people focus ONLY on price…But TIME compression inside triangles matters just as much. The strongest and healthiest breakouts historically tend to occur AFTER consuming: 65% → Early Ignition Zone 70%… pic.twitter.com/20a5IEMboK — EGRAG CRYPTO (@egragcrypto) May 31, 2026 XLM Enters the “Sweet Spot” Zone In his post, EGRAG CRYPTO presented what he calls the “Ascending Triangle Compression Model.” The chart tracks XLM’s market cap from the 2017 cycle through the current market structure, showing a series of projected breakout windows based on how much of the triangle’s lifespan has been consumed. He noted that the strongest breakouts have historically occurred after a significant portion of a triangle pattern has matured. The chart identifies 65% as the “Early Ignition Zone,” 70% as the “SWEET SPOT,” 80% as a late but still healthy breakout zone, and 90% as a period where reliability begins to decline. According to the analyst, XLM has already passed the 65% stage and is now transitioning toward the 70% zone. The chart also assigns probabilities to each stage. EGRAG estimates the 70% zone carries the highest breakout probability at roughly 70% to 80%, compared with 45% to 55% around the 65% mark. Compression Continues as Support Holds The chart shows XLM market capitalization respects a rising support trendline extending from the previous cycle. At the same time, resistance remains near the upper boundary of the triangle, creating a narrowing range. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 EGRAG CRYPTO highlighted several factors supporting the setup. He stated that the triangle remains intact, the Macro support is still being respected, volatility is compressing, and the asset is consuming more time within the triangle. The tightening market structure lets pressure build as sellers gradually lose momentum. Momentum Is Already Building The most recent upward move on the chart coincides with a surge in XLM following the announcement that DTCC plans to connect its tokenization infrastructure to the Stellar blockchain as part of its multi-chain strategy. The development marked one of Stellar’s most significant institutional milestones to date and helped fuel a sharp rally in XLM. Although XLM surged, the ascending triangle structure remains intact. With compression continuing and the asset approaching the analyst’s preferred 70% window, traders will be watching whether the recent momentum can carry XLM toward a decisive move above long-term resistance. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP-Focused Analyst: This Model Shows XLM Is in the “Sweet Spot” for Breakout appeared first on Times Tabloid .

1 Jun 2026, 13:50

XDC Network Targets Trade Finance Inefficiencies With On-Chain Infrastructure

BitcoinWorld XDC Network Targets Trade Finance Inefficiencies With On-Chain Infrastructure XDC Network has announced a strategic push into on-chain trade finance infrastructure, aiming to address long-standing inefficiencies in the global trade finance market. The initiative targets a market estimated at $15 trillion, which currently relies heavily on paper-based processes and multiple intermediaries, often causing settlement delays of several days. Addressing Structural Inefficiencies in Trade Finance The current trade finance ecosystem is burdened by manual documentation, including paper invoices and bills of lading (B/L), which are prone to fraud and slow processing. XDC Network notes that small and medium-sized enterprises (SMEs) often face short-term financing rates as high as 30% annually due to these inefficiencies and perceived risks. By tokenizing trade-related assets, XDC aims to create a transparent, verifiable on-chain record of transaction histories and collateral status, potentially reducing fraud and lowering financing costs to around 10% per year. Building on Existing Institutional Momentum XDC’s strategy is bolstered by its acquisition of Contour Network last year, a trade finance platform that counts major financial institutions such as HSBC, Citi, and Standard Chartered among its participants. This acquisition provides XDC with a ready-made network of over 100 financial institutions, offering a strong foundation for scaling its on-chain solutions. The company has indicated plans to further expand its offering by integrating stablecoin payment infrastructure in the future, which could streamline cross-border transactions and reduce reliance on traditional banking rails. Why This Matters for the Broader Blockchain Market The move positions trade finance as a key growth driver for the blockchain-based real-world asset (RWA) sector. While the current on-chain trade finance market is valued at approximately $700 million, the potential for growth is significant given the scale of the global trade finance market. Tokenizing assets like invoices and bills of lading could unlock liquidity for SMEs and reduce systemic risks for financial institutions. For the blockchain industry, this represents a tangible use case beyond speculative trading, demonstrating how distributed ledger technology can address real-world financial frictions. Conclusion XDC Network’s focus on trade finance reflects a broader industry trend toward tokenizing real-world assets to improve efficiency and reduce costs. With a strong institutional network from its Contour acquisition and a clear roadmap for stablecoin integration, XDC is positioning itself at the intersection of traditional finance and blockchain technology. The success of this initiative could serve as a bellwether for the adoption of blockchain in mainstream financial infrastructure. FAQs Q1: What is the main problem XDC Network is trying to solve in trade finance? The global trade finance market relies heavily on paper documents and multiple intermediaries, leading to slow settlement times, high fraud risk, and expensive financing rates for SMEs, often reaching 30% annually. Q2: How does tokenizing invoices and bills of lading help? By putting these assets on a blockchain, XDC creates an immutable, transparent record of ownership and transaction history. This reduces the risk of fraud and allows for faster, cheaper verification, potentially lowering financing costs to around 10%. Q3: What is the significance of XDC’s acquisition of Contour Network? Contour Network includes over 100 financial institutions, including major global banks like HSBC, Citi, and Standard Chartered. This acquisition gives XDC immediate access to a large, established network of potential users for its on-chain trade finance solutions. This post XDC Network Targets Trade Finance Inefficiencies With On-Chain Infrastructure first appeared on BitcoinWorld .

1 Jun 2026, 13:30

Ripple’s Move To Privacy: How A Re-organization Of The XRP Ledger Will Affect The Network

Ripple CTO Emeritus David Schwartz has laid out a rare look at how the XRP Ledger could respond if it ever came under pressure from a state-level actor. The discussion started with a question about whether an authoritarian regime could use or attack the XRP Ledger by targeting its validator network. Schwartz did not dismiss the risk entirely, and according to him, if the pressure ever became serious enough, the XRP Ledger could be reorganized around a more resilient validator structure. State-Level Attacks May Only Disrupt XRPL Temporarily The XRP Ledger has operated without a major outage across more than 70 million closed ledgers, but that reliability record may soon be tested in ways its creators never anticipated, one of which may be authoritarian regimes and state-level interference. Schwartz acknowledged that the threat to blockchain networks from state actors is real. State-level actors, he said, could cause temporary disruptions to blockchains, including the XRP Ledger, but long-term damage is a different matter entirely. The responses were made to a question on the social media platform X, where an XRP community member asked if an authoritarian regime like Putin’s would co-opt or disrupt the UNL/validator network to weaponize the ledger. However, according to the Ripple CTO emeritus, long-term control from external forces would be much harder if the broader XRPL community stays active enough to respond. Ripple-run validators account for less than 20% of the total network, which means any concentrated attack on Ripple’s own infrastructure would leave the validator set intact. The XRPL network’s survival in that type of scenario would depend less on whether one validator is attacked and more on whether the network can keep replacing compromised or pressured operators. The attack would only become truly serious if a hostile actor could make people too afraid to run validators at all. How Reorganizing The XRP Ledger Will Affect The Network Schwartz also described a possible longer-term change to XRPL’s consensus structure in the event of an attack by an authoritarian regime. His example was a two-layer consensus algorithm, where the inner layer will handle normal network activity, and the outer layer will only come into play when the network needs to change the Unique Node List (UNL) of the inner layer. The inner validators would keep the XRP Ledger running day to day. If those validators were attacked or compromised, the effect would be minimal, as they will be easily replaced. The outer validators would serve a lighter and less frequent role, stepping in mainly when changes are needed to the validator set. Targeting the outer validators would also be harder because they would not need to operate constantly in the same visible way. They could be kept lightweight, appear only when needed, and operate through anonymizing services such as Tor or I2P.

1 Jun 2026, 12:55

Gnosis Pay Exploit: Team Confirms Full User Compensation as Investigation Unfolds

BitcoinWorld Gnosis Pay Exploit: Team Confirms Full User Compensation as Investigation Unfolds Gnosis, the blockchain infrastructure company behind the GNO token, has confirmed that its payment service, Gnosis Pay, was hit by an exploit targeting a delay module within its smart contract architecture. The company has pledged to fully compensate all affected users, though the total amount stolen, the number of impacted accounts, and the precise root cause of the vulnerability remain undisclosed at this time. Initial Confusion and Corrective Action Martin Köppelmann, co-founder of Gnosis, initially took to social media to advise users to withdraw their funds from Gnosis Pay as a precautionary measure. Shortly after, he retracted that recommendation, explaining that most users were unable to execute withdrawals due to the nature of the exploit. He clarified that the team is actively working to contain the breach and prevent further damage, reiterating that all user losses will be covered by the company. This type of rapid, evolving response is not uncommon in decentralized finance incidents, where initial public statements often shift as technical teams gain a clearer understanding of the attack vector. The delay module — a smart contract component designed to introduce time locks or multi-signature requirements — was the entry point for the exploit, though specifics on how it was bypassed have not been released. Implications for Gnosis Pay and the Broader DeFi Ecosystem Gnosis Pay is a non-custodial payment card service that allows users to spend their crypto assets at traditional merchants. The service relies on smart contracts to manage fund flows and transaction approvals. An exploit in a delay module raises questions about the security auditing processes for such infrastructure components, which are often considered lower risk than core transaction logic. For Gnosis, which has built a reputation as a reliable infrastructure provider in the Ethereum ecosystem, this incident represents a reputational challenge. The decision to fully compensate users — rather than pursuing a partial recovery or token-based restitution — signals a commitment to maintaining user trust. However, the lack of transparency regarding the exploit’s mechanics and the total funds at risk may draw scrutiny from regulators and security researchers. What Users Should Know Now Users who held funds in Gnosis Pay should monitor official Gnosis communication channels for updates. The company has not yet announced a timeline for the resumption of normal services or for the compensation process. Given that the exploit targeted a specific module, funds held in other Gnosis products — such as the Gnosis Safe or Gnosis Chain — are not believed to be affected, though users are advised to exercise caution and verify independently. Conclusion The Gnosis Pay exploit serves as a reminder that even well-audited DeFi protocols can harbor vulnerabilities in auxiliary smart contract components. The company’s swift pledge to make users whole is a positive signal for affected customers, but the incident underscores the importance of ongoing security vigilance. As the investigation continues, the broader crypto community will be watching for detailed post-mortem reports that could help prevent similar attacks across the ecosystem. FAQs Q1: What was the Gnosis Pay exploit? A: The exploit targeted a delay module in the Gnosis Pay smart contract system. The delay module is designed to introduce time locks or multi-signature requirements for certain transactions. The attacker found a way to bypass or manipulate this module to drain user funds. Q2: Will Gnosis compensate all affected users? A: Yes. Co-founder Martin Köppelmann has publicly stated that Gnosis will fully compensate all users who suffered losses from the exploit. The compensation mechanism and timeline have not yet been announced. Q3: Are other Gnosis products affected? A: Based on current information, the exploit is isolated to the Gnosis Pay delay module. Other Gnosis products, including the Gnosis Safe multi-signature wallet and the Gnosis Chain, are not believed to be impacted. However, users should verify this through official Gnosis channels. This post Gnosis Pay Exploit: Team Confirms Full User Compensation as Investigation Unfolds first appeared on BitcoinWorld .