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edgeX pays half of June 2 losses now, delays rest until April 2027
edgeX distributed half of approved compensation in USDC after June 2 EDGE liquidations hit users.Remaining payments will arrive in EDGE tokens during April 2027 using a seven-day TWAP calculation.Users must file Discord claims by June 9 or lose eligibility under the goodwill program.
2026-06-08 10:14:29
EdgeX offers refunds and launches 200,000 USDC bounty after 71% token flash crash
EdgeX says 174 addresses flooded a PancakeSwap pool with EDGE token sell orders during a period of low liquidity, causing a price crash that triggered perps liquidations and cascading sales.The platform is now offering to reimburse edgeX Perp V1 and V2 users for their losses.Crypto sleuth ZachXBT has raised questions about the concentration of EDGE token ownership and the legitimacy of the team’s internal investigation, though edgeX denies all wrongdoing.
2026-06-04 00:56:00
EDGE token crashes as ZachXBT questions insider control
EDGE fell over 40% after edgeX reported irregular trading and denied any platform security breach.ZachXBT claimed insiders controlled most EDGE supply and called for market-maker agreement disclosures.CoinGecko data shows EDGE trading near $0.64 after hitting a 24-hour low around $0.40.
2026-06-02 12:44:35
