One-Minute Blockchain News – June 7, 2022

·       Binance fully refuted the prerogative that its exchange played host to 2.35 billion dollars in laundered illicit funds. “Forbes Crypto”

·       The previous chief technology officer of Ripple has sold 70 million XRP. “U Today”

·       Bitcoin is attempting to escape the 30,000-dollar support level. “Bloomberg Crypto”

·       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”