News
3 Jun 2026, 15:08
Michael Saylor Says He's 'Back to Work' After Bitcoin Triggers $792 Million Liquidations

Michael Saylor defends Strategy's 843K BTC war chest with 'Back to Work' cry as Bitcoin flushes $792 million in leverage.
3 Jun 2026, 15:05
Binance discloses revenue-sharing deal with Alpaca

A Binance legal document disclosed a revenue-sharing agreement with Alpaca, which includes sharing 50% of the stock custodian’s order flow revenue with the cryptocurrency exchange.
3 Jun 2026, 15:05
EdgeX to Compensate EDGE Token Crash Victims With Up to 100,000 USDC Each

BitcoinWorld EdgeX to Compensate EDGE Token Crash Victims With Up to 100,000 USDC Each Decentralized derivatives exchange EdgeX has announced a compensation plan for users who suffered financial losses during the sharp decline of its native EDGE token on June 2. The exchange will offer up to 100,000 USDC per eligible user to cover realized losses from forced liquidations and sell-offs. Eligibility and Compensation Details The compensation program targets users who incurred actual losses from long position liquidations or token sell-offs on EdgeX Perp V1 and V2. The eligible window covers trades executed between 8:50 p.m. and 10:00 p.m. UTC on June 1. EdgeX has specified that only realized losses within this period qualify — trading fees, funding fees, and unrealized profits are excluded from the calculation. Each user’s payout is capped at 100,000 USDC. The exchange has not yet disclosed the total amount allocated for the compensation fund or the exact number of affected users. However, the cap suggests the exchange is preparing for potentially significant claims while limiting its overall exposure. What Caused the EDGE Crash? The EDGE token experienced a rapid price decline on June 1, triggering a cascade of forced liquidations on the platform’s perpetual futures markets. While EdgeX has not provided a detailed post-mortem, such events in decentralized finance often result from large sell orders, liquidity imbalances, or coordinated market actions. The timing and speed of the decline suggest a sudden loss of confidence or a large position unwinding. Decentralized exchanges are particularly vulnerable to rapid price dislocations because their liquidity pools are often shallower than centralized counterparts. This incident highlights the risks traders face when using leveraged positions on platforms with limited order book depth. Why This Matters for DeFi Users EdgeX’s decision to compensate users is notable in the decentralized exchange space, where such payouts are not guaranteed. Most DeFi protocols operate on smart contracts with no central authority to reimburse losses. By voluntarily offering compensation, EdgeX is signaling a commitment to user protection that could help rebuild trust after a disruptive event. However, the compensation plan also raises questions about the platform’s risk management practices. Traders may need to assess whether EdgeX has adequate safeguards — such as circuit breakers or dynamic liquidation mechanisms — to prevent similar incidents in the future. Conclusion EdgeX’s compensation offer of up to 100,000 USDC per user provides a path to recovery for those affected by the EDGE token crash. The move is unusual for a decentralized exchange and may set a precedent for how DeFi platforms handle market disruptions. Users should verify their eligibility and submit claims within the specified window. The broader DeFi community will be watching closely to see how EdgeX addresses the underlying issues that led to the crash. FAQs Q1: Who is eligible for EdgeX compensation? Users who incurred realized losses from forced liquidations of long positions or sell-offs on EdgeX Perp V1 and V2 between 8:50 p.m. and 10:00 p.m. UTC on June 1. Q2: What is the maximum payout per user? The cap is 100,000 USDC per person, covering only realized losses within the eligible window. Trading fees, funding fees, and unrealized profits are not included. Q3: How can affected users claim compensation? EdgeX has announced the plan but has not yet detailed the claims process. Users should monitor official EdgeX channels for instructions on submitting claims and required documentation. This post EdgeX to Compensate EDGE Token Crash Victims With Up to 100,000 USDC Each first appeared on BitcoinWorld .
3 Jun 2026, 15:04
Ripple Partner Thunes Unleashes Real-Time US Payments with Tier-1 Bank Integration

Thunes’ U.S. Real-Time Payments Push Signals Bigger Role for Ripple and XRP in Institutional Finance As highlighted by crypto observer SMQKE, global payments firm Thunes has expanded its real-time payments infrastructure into the United States, signaling a deeper shift in how institutional cross-border payments are being built. The move is anchored by a direct connection to a Tier 1 financial institution, an integration that places Thunes inside the core of global banking rather than at its edges. Tier 1 banks form the backbone of the correspondent banking system, so direct access to them points to a higher level of trust, compliance alignment, and operational maturity in settlement and liquidity flows. This expansion also adds weight to Thunes’ long-standing partnership with Ripple, which has focused on connecting blockchain-based liquidity systems with regulated financial infrastructure. Together, the two companies now extend their reach across more than 140 countries and 90 currencies, alongside access to billions of mobile wallets, reinforcing a payments network built for scale and speed. Both entities operate under robust U.S. licensing frameworks, with Thunes licensed across all 50 states and Ripple similarly compliant. This regulatory positioning is critical: it enables more direct participation in domestic payment rails, reduces dependence on intermediary banks, and supports faster settlement cycles across both domestic and international transfers. How Real-Time Payments, Stablecoins, and Blockchain Are Rewiring Global Finance Thunes’ approach points to a steady erosion of friction in traditional correspondent banking. Where multiple intermediaries once stood between sender and recipient, emerging networks are increasingly enabling direct, programmable movement of value with near real-time settlement. This shift is also being mirrored across the broader industry. Mastercard, for instance, has begun integrating stablecoin settlement capabilities into its network, reflecting a growing acceptance of hybrid payment architectures that blend traditional rails with blockchain-based liquidity. Within this evolving landscape, Ripple’s RLUSD stablecoin is increasingly viewed as a potential institutional settlement asset, particularly where regulatory clarity and dollar-denominated stability are essential. What is emerging is convergence innovation since real-time payment networks, regulated stablecoins, and blockchain-enabled settlement layers are gradually interconnecting through partnerships, licensing structures, and shared infrastructure. The takeaway is that Thunes’ U.S. expansion, combined with its Tier 1 banking connectivity and Ripple partnership, underscores this broader transformation: a financial system moving toward faster settlement, deeper interoperability, and tightly aligned regulatory frameworks as the defining features of next-generation global payments.
3 Jun 2026, 15:02
12 Days of Red: Are Bitcoin (BTC) ETFs Signaling a Deeper Price Collapse Ahead?

The leading cryptocurrency has been in a clear decline lately, with its price tumbling well below $70,000. Certain analysts and well-known financiers think the bottom during this cycle has yet to be reached, while waning institutional interest in the asset intensifies fears of a more substantial sell-off. Red Days for the ETFs Several hours ago, BTC dropped to nearly $65,000, its lowest level since March this year. The analyst Ali Martinez recently predicted that slipping below the $71,300-$73,000 range could lead to a decline of that magnitude, while X user Ted envisioned a deeper crash to as low as $55,000. Of course, Peter Schiff also added his name to the pessimists. The well-known crypto critic and gold proponent forecasted a major collapse to $20,000 if BTC breaks $50,000. In his view, such a catastrophe would shake the conviction of the long-term HODLers and cause them “to finally throw in the towel.” Recent netflows in spot BTC ETFs serve as a warning that conditions for the primary cryptocurrency could worsen in the near future. Over the past 12 days, outflows have surpassed inflows, suggesting that institutional investors (such as pension funds and hedge funds) have reduced their exposure to the asset. This, in turn, has prompted ETF issuers (BlackRock, Fidelity, and other financial giants) to sell real BTC, adding even more downward pressure on an already fragile market. It is important to note that spot Bitcoin ETFs have not experienced 12 consecutive red days since their launch. Spot BTC ETFs, Source: SoSoValue The rising amount of BTC stored on centralized exchanges is another concerning factor. There are now more than 2.72 million coins held on such trading venues, the highest point since March. The development doesn’t guarantee a further price crash, but it does increase selling pressure. Is the Bottom Close? Another popular X user who touched upon the matter is bee. They believe that BTC is in the final stage of the bear cycle, yet this doesn’t rule out an additional decline. The analyst forecasted a plunge to $47,000-$51,000 by October this year, after which the bulls are expected to regain control. For their part, Max Crypto noted that BTC’s Relative Strength Index (RSI) has dropped under 30, which has historically been followed by a bottom and a subsequent rally by nearly 40%. The post 12 Days of Red: Are Bitcoin (BTC) ETFs Signaling a Deeper Price Collapse Ahead? appeared first on CryptoPotato .
3 Jun 2026, 15:02
Software Engineer Says Buying XRP or XLM Now Is Too Late If…

Interest in Stellar’s XLM has surged in recent days after a major announcement involving the Depository Trust & Clearing Corporation (DTCC), one of the most important pieces of financial market infrastructure in the U.S. The development has fueled optimism around Stellar’s future role in tokenized assets and prompted renewed debate among investors about whether XLM now offers more upside than XRP. Some traders have even discussed moving capital from XRP into XLM . Software engineer and crypto commentator Vincent Van Code (@vincent_vancode) believes investors should take a longer-term view. Don't people get it: Buying XLM now is too late, if you want to make fast money. It's kind of already too late for XRP too. However, utility adoption of XLM and XRP hasn't begun yet, which I think is where we will get YoY 50 to 70% gains, maybe more. — Vincent Van Code (@vincent_vancode) June 1, 2026 The Fast-Money Opportunity Has Passed Despite the renewed enthusiasm, Van Code offered a measured assessment of the current market. He stated, “Buying XLM now is too late if you want to make fast money.” He shared a similar view on XRP, adding that it is “kind of already too late” for investors seeking rapid gains. His comments focused on expectations rather than the long-term outlook for either asset. According to Van Code, the market has already moved significantly, making it harder to achieve the type of quick returns many traders hope to capture by buying now that XLM has momentum . Utility Adoption Remains the Main Story While Van Code expressed caution regarding short-term gains, he remains optimistic about what comes next. “Utility adoption of XLM and XRP hasn’t begun yet,” he said. He believes that phase could generate year-over-year returns of 50%-70%, and potentially more. The argument centers on real-world usage rather than speculation. As tokenization, cross-border payments, and blockchain-based settlement systems continue to expand, supporters of both assets expect utility demand to become a larger factor in valuation. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 XRP’s Future Continues to Generate Debate Several community members focused on XRP’s long-term potential. One commenter questioned what could happen if banks broadly adopted XRP through Ripple’s ecosystem, arguing that the asset is not yet priced according to its utility. This opinion challenges the assertion that it’s too late to get into XRP. However, Van Code pointed out that banks would likely not use XRP directly, but adopt it through Ripple’s systems and the XRP Ledger. Another community member cited a previous prediction by Van Code involving a possible $500 XRP price by 2035 . Van Code responded that he does not make direct price predictions and instead shares views on how prices could perform under certain conditions. Many investors remain focused on utility-driven growth. For Van Code, that is where the next chapter for XRP and XLM may emerge. These assets are for long-term investors, not those looking for a quick price increase. 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 Software Engineer Says Buying XRP or XLM Now Is Too Late If… appeared first on Times Tabloid .









































