One-Minute Blockchain News – June 3, 2022

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·       According to reports, Biden administration is in the process of creating a policy that would alleviate the negative impact of Bitcoin mining. “U Today”

·       It is official! Binance will sponsor The Weekend’s new tour. “U Today”

·       The Solana network is not having a great year. This network had at least 7 outages this year alone. “Coin Telegraph”

·       US energy company opens crypto mining facility in Middle East to use stranded natural gas. “Coin Telegraph”

·       Crypto addiction has become a new disease for investors. “Coin Telegraph”

·       Despite recent bumps in the road, Stablecoins will stick around. “Coin Desk”

·       South Korean government became one of the first nations to invest in Metaverse with more than 223-billion-won investment. “Coin Telegraph”

·       Chipotle with almost 3000 restaurants in the US will accept nearly 100 digital currencies as payment. “Coin Telegraph”

·       Singapore’s central bank in collaboration with JP Morgan will investigate the uses of digital assets. “Bitcoin News”

·       The executive of UK central bank has said that Stablecoins lack real-time data about their value and how they are converted into fiat money. “U Today”