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Hodler’s Digest, June 5-11 -Breaking


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

An anonymous hacker was served with NFT restraining orders

An anonymous defendant in an Exchange-Hacking Legal Case has been granted a Temporary Restraining Order via NFT. This is perhaps the industry’s first. 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 hailed by many as being the first NFT-related legal use.

CEO of FTX states that FTX won’t freeze employment during layoffs at crypto companies.

As crypto bear markets continue to press on, industry players are choosing to reevaluate personnel numbers but not FTX. Sam Bankman Fried, the CEO of derivatives exchange, stated that they would continue adding personnel. Gemini has seen its employees decrease in recent weeks, while Coinbase (NASDAQ 🙂 is limiting new staff hires. Employee cuts were worse than the 2018 crypto bear markets.

Lummis-Gillibrand bill establishes SEC/CFTC balance power over crypto markets

Metaverse tokens are up 400% per year, despite the 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 will tighten the crypto regulations and ban anonymous accounts

Upgrade to blockchain-based Move-to-Earn App STEPN – 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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