Daily News Headlines | Latest Crypto News (1st June) | Cryptoknowmics

Here are the top 5 crypto news for the day!

Let’s dive into the news headlines one by one and see how they’ll be affecting the crypto space as we

know it, in the coming days.

• XRP to Airdrop Flair FLR Tokens, to be Listed by Several Exchanges
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It has been recently revealed that XRP Army is approaching the much-awaited airdrop of Flair (FLR) tokens to participants and is going to be listed by around 50+ exchanges. An anonymous account famous in the XRP community shared a post on Twitter revealing that crypto exchanges and services are planning to list the FLR token following its airdrop.

Coinbase to Launch its Own ‘Media Arm’ to Combat Crypto Rumors

Coinbase, a cryptocurrency exchange, intends to launch its own ‘media arm’ to combat crypto falsehoods. The business believes that every technology business should talk directly to its audience, thereby transforming itself into a media firm in its own right.

Binance CEO Unveils 99% of Personal Wealth is Stored in Digital Assets

In an interview with Chinese blockchain journalist Colin Wu, Binance CEO Changpeng Zhao revealed his personal wealth allocations and other unknown facts about him. He revealed that 99% of his personal wealth is stored in digital assets like Binance Coins (BNB) and Bitcoin (BTC).

Ray Dalio: The Digital Yuan Will Be More Competitive Than Digital Dollar

According to the American billionaire Ray Dalio, the digital Yuan will be more competitive than the digital Dollar. While talking to CNBC on Monday, he said that he believes the United States would issue a digital dollar one day and that it “will surely be sustainable.”

The Reserve Bank of India Confirms Cryptocurrencies Are Not Illegal

The Reserve Bank Of India has confirmed that cryptocurrencies are not illegal. They made it clear that banks are unable to shut their Crypto account.