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The SEC, CFTC and DOJ have seven cases either resolved or ongoing this year, with the litigation against husband-wife duo Ilya Lichtenstein and Heather Morgan being the most high profile. Source: https://cointelegraph.com/rss New crypto litigation tracker highlights 300 cases from SafeMoon to Pepe the Frog
Memecoin Shiba Inu can officially be used to purchase land in the SHIB Metaverse using the native SHIB token, as the development team continues to provide utility for holders. Source: https://cointelegraph.com/rss Shiba Inu has a new use case — Buying land in SHIB: The Metaverse
Cryptocurrency mining companies will be required to submit comprehensive information about their operations as the country tries to reign in electricity consumption. Source: https://cointelegraph.com/rss Kazakhstan ramps up power consumption reporting requirements for crypto miners
Other notable NFT news this week includes Larva Labs deleting all of its Tweets and Elon Musk briefly changing his Twitter PFP to Bored Ape Yacht Club collage. Source: https://cointelegraph.com/rss Nifty News: Louis Vuitton and Johnnie Walker dabble in Web3
“It is difficult to ascertain the precise reason for this other than the hawkish rhetoric from the US Federal Reserve and the recent price decline,” CoinShares wrote. Source: https://cointelegraph.com/rss Bitcoin funds saw largest single week of outflows since June 2021