Crypto Reverses Selloff as Rubio Cites Iran Progress on Strait of Hormuz

MoneyGram Launches MGUSD Stablecoin on Stellar for Remittances

MoneyGram issued its own dollar stablecoin, MGUSD, on Stellar on June 2, 2026, with a self-custodial wallet for 60M customers across 500,000 retail locations. Read the full article: https://www.spendnode.io/blog/moneygram-mgusd-stablecoin-stellar-june-2026/

EDGE Token Crashes 70% as ZachXBT Demands edgeX Name Its Market Makers

edgeX's EDGE token fell as much as 70% on June 1-2, triggering $2.81M in liquidations. ZachXBT says insiders controlled a low float and wants counterparties named. Read the full article: https://www.spendnode.io/blog/edgex-edge-token-crash-zachxbt-manipulation-june-2026/

ProCap Sells 52 BTC to Buy Back Shares Trading at Half Its NAV

ProCap sold 52 BTC to repurchase 2M shares at a ~50% discount to net asset value. Pompliano calls it accretive. The discount itself is the bigger story. Read the full article: https://www.spendnode.io/blog/procap-sells-52-btc-buyback-shares-nav-discount-june-2026/

Mt. Gox Moves 10,306 BTC Worth $731M After Two Quiet Months

Mt. Gox shifted 10,306 BTC (~$731M) to a fresh wallet for the first time in two months, landing as Bitcoin trades near $70,557 in a Fear-gripped market. Read the full article: https://www.spendnode.io/blog/mt-gox-moves-10306-btc-731m-new-wallet-june-2026/

Grayscale Sets 0.29% Fee on Hyperliquid Staking ETF, Undercuts 21Shares

Grayscale priced its planned Hyperliquid Staking ETF at a 0.29% fee, undercutting a rival 21Shares product and pushing the ETF fee war into staking wrappers. Read the full article: https://www.spendnode.io/blog/grayscale-hyperliquid-staking-etf-029-fee-june-2026/