Crypto Longs Bleed $1.5B in Forced Liquidations Since May 25

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/