One-Minute Crypto News – June 5, 2022

One-Minute Crypto News – June 5, 2022

  • India’s central bank has said that CBDCs could further reduce the trust in cryptocurrencies. “Bitcoin News”

  • Bitcoin demonstrates all the familiar trends of a bear market. “U Today”

  • Solana Blockchain network is back again after a 4-hour outage due to a software glitch. “Bloomberg Crypto”

  • Baby Doge community has voted for burning 50 quadrillion tokens. “U Today”

  • Japanese lawmakers approve a bill designed to determine the legal status of Stablecoins. “Bitcoin News”

  • Spanish central bank has warned about the risks of mixing crypto market with traditional financial market. “Bitcoin News”

  • Russian state-owned corporation Rostec builds Blockchain-based alternative to SWIFT. “Bitcoin News”

  • Ada sees 6% rise as whale transaction volumes on Cardano spike. “U Today”

  • Bitcoin mining might be restricted in NY according to the new law. “U Today”

  • Ethereum’s hash rate has reached an all-time high with 132 peta hash per second. “Bitcoin News”