One-Minute Crypto News – May 30, 2022

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May 30, 2022 - 04:41 Updated: May 30, 2022 - 04:41
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One-Minute Crypto News – May 30, 2022

  • China can’t seem to stop Bitcoin mining. According to reports the hash rate has once again returned abruptly. “Coin Desk”

  • The Russian Government believes that crypto mining consumes more energy than agriculture. “Bitcoin News”

  • Estonia, the European country sought to be a leading crypto hub, is reining in the digital assets it once championed. “Bloomberg Crypto”

  • The Reserve Bank of Inia proposes to adopt a graded approach to the introduction of CBDC. “Bitcoin News”

  • The founder of Terra seems that he hasn’t been humbled by the collapse of Terra. “U Today”

  • About 19 million AAVE sold in three days. “AMB Crypto”

  • Elon Musk believes that we are approaching a recession but says this is actually a good thing. “Bitcoin News”

  • 509 million Shiba burned in just 15 transactions. “U Today”

  • Terra is struggling to shrug off accusations of fraud. “U Today”

  • Bank of America is not rushing to adopt cryptocurrencies. “U Today”