Daily Recap — June 2

Lead stories

Russia’s State Duma plans to focus on two major topics through the end of 2026 — “Anti-Fraud 2.0” and legislation regulating the crypto market.

Hackers exploited the Specter project on BNB Chain and stole $2.5 million — they minted 99 million TSR tokens, dumped them on the market, and crashed the token’s value by approximately 99%.

Trader Loracle shared a screenshot after closing a short position on HYPE.

Charles Schwab, which manages $10 trillion in assets, plans to launch spot crypto trading, transfers, and custody services for institutional clients by mid-2027.

A 46-year-old Russian woman met a man through a dating app who convinced her to “make money with crypto” — she was first shown a small profit, after which scammers managed to extract 1.46 million rubles from her.

The Central Bank of Russia estimated that Russian investors hold around 3.8 billion rubles worth of crypto-related investment instruments within the country.

MoneyGram is launching its own stablecoin, MGUSD — the company is entering the digital dollar race and aims to make transfers faster and cheaper.

Polymarket is facing accusations of manipulation over a controversial market regarding a potential BTC sale by Strategy — the market generated around $118 million in volume, but the final outcome was settled as “No.”

U.S.-listed company Strive purchased an additional 2,500 BTC for $185.2 million — the firm now holds 19,000 BTC on its balance sheet.

In Omsk, a former manager of a thermal power plant mined cryptocurrency for two years using the facility’s infrastructure, connecting 180 mining devices while bypassing electricity meters — he has now been ordered to compensate damages totaling 12.3 million rubles.

Also available in