One-Minute Blockchain News – June 15, 2022

·       A huge majority of Shiba investors, in fact 81 percent of them are losing money. “U Today”

·       El Salvador minister of finance says this country has no plans to stop holding crypto and has not lost 40 million dollars due to market crash. “Coin Telegraph”

·       Tron increases the supply of USDD 700 million dollars as the price of this Stablecoin went below 1 dollar. “U Today”

·       Binance Australia CEO has said that the crypto industry has better self-governance than traditional financial world. “Coin Telegraph”

·       The Bored Apes Yacht Club project is currently leading 24-hour sales volumes with a raise of 262 percent. “Coin Telegraph”

·       Ripple co-founder believes this platform remains unfazed by the recent market downturn. “U Today”

·       Cardano and Ripple lost their 6^th and 7^th places in the top projects by market capitalization. “U Today”

·       Coinbase will lay off 18 percent of its workforce in another sign of worsening crypto downturn. “Bloomberg”

·       Crypto fear and greed index drops to 8. “U Today”

·       Ethereum, Binance Coin, Ripple, Solana, and Cardano collectively lost 300 billion dollars in the crypto market crash. “Forbes”