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9 Jun 2026, 07:10
Worldcoin Rival Humanity Protocol’s Token Crashes 88% as $30M Wallet Drain Sparks Security Panic
Humanity Protocol’s native token – H token – dramatically collapsed by nearly 88% on June 9 after falling from around $0.78 to nearly $0.099. The steep decline came after reports emerged of a major security incident involving wallets connected to the protocol. Multi-Million Dollar Hack On-chain investigator Specter first raised the alarm and revealed that more than 17 wallets holding H tokens were drained. Separate reports indicated that attackers stole private keys tied to the project and drained more than $30 million from those wallets. Humanity Protocol later confirmed that a security incident had occurred. In a post on X, the team behind the blockchain identity network revealed that private keys belonging to a member of the Humanity Foundation had been compromised. It urged users not to interact with the bridge or any liquidity pools until further notice. “We are actively working with leading security experts and our exchange partners to assess the scope of the incident and secure all affected systems. We’re deeply sorry that this has happened. Protecting this community is our responsibility, and we don’t take that lightly.” Not everyone accepted Humanity Protocol’s explanation of the incident. On-chain investigator ZachXBT pushed back against the project’s account on X and accused the team of aggressively promoting the token for weeks while offering little underlying value. He also called on the project to reveal any active market maker agreements involving a Hong Kong entity. In a separate post, ZachXBT went on to claim that the security breach appeared “possibly staged” and added that “it’s a convenient way for the active MM to have exited.” Humanity Protocol is a blockchain-based identity project that lets people verify they are real humans. It uses biometric data and privacy technology so users can prove their identity without sharing personal information. It was launched on mainnet last year and quickly gained traction as a rival to Sam Altman’s Worldcoin (now rebranded to World Network). Attacker Cashes Out Millions According to blockchain analytics platform Lookonchain, the attacker continued minting H tokens after the exploit, first creating 100 million H tokens on BNB Smart Chain before minting another 100 million. The hacker was found to have already sold a portion of the tokens, obtaining 18,510 ETH worth approximately $30.83 million and 1,548 BNB valued at around $924,000. Despite those sales, the attacker still holds about 111.36 million H tokens, which is worth almost $14 million at current prices. However, Lookonchain asserted that on-chain liquidity for the token is now nearly exhausted. The post Worldcoin Rival Humanity Protocol’s Token Crashes 88% as $30M Wallet Drain Sparks Security Panic appeared first on CryptoPotato .
9 Jun 2026, 07:09
BTC tumbles 14 percent to $60,000 after Strategy sale
🚨 $BTC plunged 14 percent to $60,000 after Strategy sold Bitcoin. ⚡️ Debate grows over whether AI spending or company sales triggered the decline. 📉 Investors now worry Strategy might sell more $BTC to cover dividends. Continue Reading: BTC tumbles 14 percent to $60,000 after Strategy sale The post BTC tumbles 14 percent to $60,000 after Strategy sale appeared first on COINTURK NEWS .
9 Jun 2026, 07:02
Ripple (XRP) Officially Confirmed for DTCC’s July 2026 Launch. Here’s What Is Coming
Ripple has gained attention within the digital asset sector due to its involvement in the upcoming tokenization initiative led by the Depository Trust & Clearing Corporation (DTCC). According to Diana, Ripple Prime has been officially confirmed as one of more than 50 financial institutions participating in DTCC’s July 2026 launch of tokenized asset infrastructure. The announcement places Ripple alongside some of the largest names in global finance, including BlackRock, JPMorgan, Goldman Sachs, Circle, and Ondo Finance. Diana emphasized that the project represents a significant step in the development of institutional tokenization, as DTCC prepares to begin live production trading of tokenized assets using real capital, real market data, and operational workflows used by major financial institutions. The inclusion of Ripple in the initiative has drawn attention because DTCC plays a central role in the settlement and clearing of securities transactions in the United States. As tokenization continues to gain momentum across traditional finance, participation in DTCC-led programs is increasingly viewed as a sign of institutional relevance. Ripple OFFICIALLY CONFIRMED For DTCC’s July 2026 Tokenization Launch Alongside BlackRock & JPMorgan @Ripple Prime has OFFICIALLY been named among 50+ financial giants participating in @The_DTCC ’s July 2026 launch, alongside @BlackRock , @JPMorgan , @GoldmanSachs , @Circle ,… https://t.co/GXbCx7CP5K pic.twitter.com/Ub3up6aw68 — Diana (@InvestWithD) June 7, 2026 July Launch Marks Start of Live Tokenized Asset Trading In her post, Diana noted that July 2026 will mark the beginning of live production trading on DTCC’s tokenization platform. Unlike pilot programs or limited testing environments, the launch is expected to involve actual institutional activity supported by real-world financial processes. She further stated that DTCC plans to expand the platform in October 2026 through a broader rollout. At that stage, participating institutions will have the ability to adopt tokenized record-keeping systems on a larger scale. The expansion is expected to support wider integration of blockchain-based infrastructure into existing financial operations. Diana presented Ripple’s participation as evidence that the company continues to play a role in shaping institutional blockchain adoption. Rather than acting as a public blockchain provider for the initiative, she explained that Ripple Prime is contributing to the testing, validation, and development of the underlying infrastructure that institutions may eventually use. Distinguishing Ripple’s Role From Stellar’s A major focus of Diana’s post was addressing what she described as confusion regarding the respective roles of Ripple and Stellar within the DTCC initiative. According to her explanation, Ripple Prime and Stellar are participating in fundamentally different capacities. She stated that Ripple Prime is helping institutions test and validate tokenized asset infrastructure alongside major Wall Street firms. Meanwhile, Stellar is expected to serve as one of the public blockchain networks that DTCC may integrate into its broader multi-chain strategy. Under this framework, Stellar’s role centers on facilitating the movement of tokenized assets on a public blockchain, while Ripple’s involvement focuses on institutional infrastructure development and operational testing. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Community Reactions Remain Mixed While many XRP supporters welcomed the news, not all reactions were positive. Community member Achillies expressed frustration with what he sees as a recurring pattern of major XRP-related announcements failing to translate into significant price appreciation. In response to the news, he argued that similar developments are frequently followed by market disappointment, citing previous expectations surrounding regulatory clarity and institutional adoption. His comments reflected a broader sentiment held by some long-term XRP holders who remain cautious about connecting major industry milestones directly to short-term price performance. Despite differing views on potential market impact, Ripple’s confirmed participation in DTCC’s tokenization initiative places the company within a group of leading financial institutions preparing for the next phase of blockchain-based asset infrastructure. As the July launch approaches, market participants will be watching closely to see how the project develops and what role tokenization ultimately plays in traditional finance. 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 Ripple (XRP) Officially Confirmed for DTCC’s July 2026 Launch. Here’s What Is Coming appeared first on Times Tabloid .
9 Jun 2026, 07:00
Strategy buys 1550 BTC, but Bitcoin has a bigger problem – Here’s why!
Where does Bitcoin's price stand right now after Strategy's purchase?
9 Jun 2026, 06:58
Bitcoin Eyes CPI Test as Rate-Hike Odds Hit 70%, Arca Blames Saylor for Crash
Bitcoin News Bitcoin traders are bracing for Wednesday's US Consumer Price Index release, an inflation reading that could set the tone for risk assets into year-end. Markets now price a 70% probabi...
9 Jun 2026, 06:55
SBI Shinsei Bank to Reward Depositors with Bitcoin, Ethereum, and XRP Vouchers
BitcoinWorld SBI Shinsei Bank to Reward Depositors with Bitcoin, Ethereum, and XRP Vouchers SBI Shinsei Bank, a subsidiary of Japanese financial conglomerate SBI Holdings, announced plans to launch a service this fall that will allow customers to receive 20% of their deposit interest payments in the form of vouchers redeemable for Bitcoin (BTC), Ether (ETH), and XRP. The initiative, first reported by CoinPost, marks another step by a major traditional bank in Japan to integrate digital assets into mainstream financial products. How the Crypto Voucher Program Works Under the new service, customers who hold deposit accounts at SBI Shinsei Bank will have the option to convert a portion of their accrued interest into crypto vouchers. The vouchers will be denominated in BTC, ETH, and XRP, with the exact amount calculated based on prevailing market prices at the time of payout. To redeem the vouchers, users must open a separate account with SBI VC Trade, the group’s cryptocurrency exchange subsidiary. The program is designed to bridge the gap between conventional savings products and the growing demand for exposure to digital assets. By offering interest in crypto vouchers rather than direct cryptocurrency transfers, SBI Shinsei Bank can manage regulatory compliance while still providing a novel incentive for depositors. Strategic Context and Market Implications SBI Holdings has been one of Japan’s most active financial players in the cryptocurrency space. The group operates SBI VC Trade, a licensed crypto exchange, and has invested in blockchain infrastructure and digital asset ventures. This latest offering from SBI Shinsei Bank aligns with the group’s broader strategy to weave crypto services into its traditional banking operations. Japan’s Financial Services Agency (FSA) has maintained a cautious but increasingly structured regulatory framework for digital assets. By offering crypto-linked vouchers rather than direct crypto deposits, SBI Shinsei Bank appears to be navigating regulatory boundaries while still catering to retail investor interest. The move could pressure other Japanese banks to explore similar hybrid products. What This Means for Japanese Savers For depositors, the program offers a way to gain exposure to cryptocurrencies without directly purchasing them on an exchange. The 20% interest allocation is notable in a country where traditional savings account yields remain near zero. However, the value of the vouchers will fluctuate with crypto market prices, introducing volatility that traditional savings products do not carry. The requirement to open an SBI VC Trade account also means users will need to complete the exchange’s identity verification and onboarding process, which may be a barrier for some. Still, for those already interested in crypto, the service provides a seamless entry point linked to their existing bank relationship. Conclusion SBI Shinsei Bank’s plan to offer 20% of deposit interest as BTC, ETH, and XRP vouchers represents a notable convergence of traditional banking and digital assets in Japan. While the service is limited to voucher redemption through a related exchange, it signals growing institutional acceptance of cryptocurrencies as a legitimate component of retail financial products. The program’s success could influence how other banks in Asia and beyond approach crypto integration. FAQs Q1: When will SBI Shinsei Bank launch the crypto voucher service? The service is scheduled to launch in fall 2025, according to the bank’s announcement. Q2: Which cryptocurrencies are available for the vouchers? The vouchers will be offered in Bitcoin (BTC), Ethereum (ETH), and XRP. Q3: Do I need a separate account to redeem the vouchers? Yes, customers must open an account with SBI VC Trade, the group’s cryptocurrency exchange, to redeem the vouchers. This post SBI Shinsei Bank to Reward Depositors with Bitcoin, Ethereum, and XRP Vouchers first appeared on BitcoinWorld .
