🎯 Today's Crypto Pulse

Mt. Gox transfers $739M in Bitcoin from cold wallets, analysis shows
Arkham data reveals that the revived Mt. Gox exchange moved approximately $739 million worth of Bitcoin from its cold storage to active wallets. The shift signals a potential re‑entry into the market after years of dormancy.
Also developing:
By the numbers: OpenPayd secures $276M SPAC deal to go public
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Binance Opens US Stock Trading to Non-US Users, Sets Up Tokenized 'bStocks' On BNB Chain
Five years after pulling synthetic stock tokens under regulatory pressure, the world's largest crypto exchange opened zero-commission trading in 7,000+ US stocks and ETFs for eligible non-US users and lined up an ADGM-issued bStocks tokenization layer on BNB Chain.
The Defiant

RealFi Announces Development of XRP Ledger-Powered Payment Rewards Application for Shopify Merchants.
Dubai, United Arab Emirates, June 2, 2026 -- The XRP Ledger is rapidly expanding into global commerce as RealFi, a blockchain-powered payment rewards platform built on XRPL and powered by REAL Token, moves forward with developing a Shopify payment rewards application for merchants worldwide. The upcoming solution...
Business Insider – Markets Insider

Kelp DAO Hacker Has Laundered Nearly All $220M in Unfrozen Funds, Closing the Recovery Window
On-chain traces show the DPRK-linked attacker behind April's $292 million bridge exploit has pushed the unfrozen ~$220 million through THORChain, Wasabi, Tornado Cash, and Umbra, leaving roughly $1.7 million still sitting in the original wallet.
The Defiant

The Companies Turning Africa’s Stock Markets Into Bitcoin Investment Gateways
The need for investment-style digital asset products has created two types of workarounds—African exchange-traded funds (ETFs) and crypto treasuries—which began to gain momentum in 2025. If more companies make these alternative investment products widely available, it will solve the accessibility problem for institutional investors at scale.
TechCabal

Minnesota Enacts Law Authorizing Banks and Credit Unions to Offer ‘Virtual-Currency Custody Services’
On May 14, the Minnesota governor signed HF 3709 into law, authorizing state-chartered banking institutions and credit unions to provide virtual-currency custody services. The law defines “virtual-currency custody services” as “safekeeping, controlling, or managing virtual currency, or the cryptographic private keys used to access virtual currency, on behalf of another person.”...By: Orrick, Herrington & Sutcliffe LLP
JD Supra (Labor & Employment)
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Tweet by @Cryptojack
🚨 Spot $BTC ETFs have now seen outflows for 7 consecutive days, according to SoSoValue. https://t.co/V7l5txiOR8
#crypto #defi | Laura Shin
Last week, Trump scrapped an executive order on AI testing just hours before a White House signing ceremony — reportedly after personal calls from Musk, Zuckerberg, and former AI czar David Sacks. The reversal exposed a widening split inside the administration over how to govern AI without stifling it. That's one of three stories on today's DEX in the City. Katherine Kirkpatrick Bos, Jessi Brooks, and Vy Le also break down the new Polymarket/Nasdaq partnership and the New York Times' pushback on prediction markets — and what a new executive order on Federal Reserve master account access means for the crypto industry. Streaming live today. Join us on: X - https://lnkd.in/eJrYBgUn YouTube - https://lnkd.in/eq67YvAp or PumpFun - https://lnkd.in/eYbZAGbp #crypto #DeFi

Thread by @Jakeclaverqfop
If the proposed 20% supply cap under the Clarity Act were enforced, Ripple could potentially comply through structured institutional distributions tied to existing escrow arrangements and long-standing counterparties. The bigger question is how much institutional infrastructure may already be positioned behind the scenes before any public rollout occurs?
