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US SEC investigates Binance’s ICO, metaverse crypto assets up 400% YoY, and STEPN faces DDoS attacks: Hodler’s Digest, June 5-11

Restraining order by NFT was issued to anonymous hacker

A temporary restraining or NFT order has been issued to an anonymous defendant in an investigation into exchange hacking. It is possibly the first such industry decision. This defendant is involved in legal proceedings regarding the hack of January 2022 LCX. As a restraining measure, two law firms issued the NFT service token to the defendant. The event was billed as the first NFT-related legal use.

CEO says that FTX does not intend to freeze its hiring during layoffs at any other crypto-firms.

Some industry leaders have decided to reevaluate their staff, but not FTX, as the crypto bear market continues. According to Sam Bankman Fried, CEO of the derivatives exchange, they will keep adding staff. Recent weeks saw Gemini reduce its staff and Coinbase (NASDAQ) stop new hires. However, the last crypto bear market was much worse for employee reductions in 2018.

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Metaverse tokens rise 400% annually despite altcoin bloodbath

PayPal (NASDAQ) allows you to transfer digital currencies into external wallets

Bitcoin will finish 2022 ‘flat, possibly up’ says analyst as Saylor bets on $1M BTC

Lithuania plans to strengthen crypto regulation and outlaw anonymous accounts

After upgrade, blockchain-based app STEPN for move-to earn under DDoS attacks

Binance has a bad day due to the SEC investigation, and Reuters expos

Thailand’s crypto islands: Working in paradise, Part 1

The life of a criminal: What happens when crypto is seized during criminal investigations?

The Crypto 401(k), Sound financial planning, or gambling for the future?

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