One-Minute Crypto News – June 7, 2022
Algorithmic Stablecoins unveil new ways to preserve their peg to US dollar. TRON founder has said that the collapse of Terra has sped up the USDD upgrade. Bitcoin miners are beginning to sell tokens
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- Hong Kong’s securities and futures commission warns of non-fungible token risks. “Coin Telegraph”
- Algorithmic Stablecoins unveil new ways to preserve their peg to US dollar. “Coin Telegraph”
- IRA financial trust to sue Gemini over 36 million dollars over crypto asset exploit. “Coin Telegraph”
- Ethereum saw around 800 million dollars of liquidations as the coin tries to bounce above support level. “U Today”
- Bitfarms has declared that the fall of Bitcoin price is the most important problem that crypto miners are facing now. “Bitcoin News”
- TRON founder has said that the collapse of Terra has sped up the USDD upgrade. “U Today”
- Bitcoin miners are beginning to sell tokens they’ve hoarded to cover costs incurred due to bear market. “Bloomberg Crypto”
- Binance has refuted the claim its exchange hosted 2.35 billion dollars in laundered illicit funds. “Forbes Crypto”
- Former CTO of Ripple has sold 70 million XRP. “U Today”
- Bitcoin is attempting to escape the 30,000-dollar support level. “Bloomberg Crypto”
