Daily Crypto NewsEDITION #68, 29 November 2022

Apes at risk!

Hi OG 🖼

The clouds are gathering around Yuga Labs again, and they might wet someone this time. Rockstar is struggling with crypto and NFT, while Solana is suddenly showing great results! Ok, let's go!

Let jpegs course through your veins!

THIS WEEK NEWS

WE DESERVED IT!

Apes...can it be beaten by regulators?...

The Securities and Exchange Commission decided to crack down on the Yuga Labs guys and started investigating obscure movements. Scott+Scott, a consumer protection firm, has joined in.

Also, all Yuga Labs ambassadors will go under investigation. Shillers? Bloggers? Twitter influencers? All of them.

And yes, regulators try to determine if Apes are breaking the law. Let's watch it...

Solana is growing and not going to die

According to the reports, Solana is not going to die but is doing quite well. The total number of daily new NFTs has increased to more than 8 million, an increase of 19.3% over the previous quarter.

Apparently, it's just a sad market - and the overall dump gave the impression that this fun ecosystem with schedules and memes was tanking, but it turns out not. Maybe Aptos will still come around then, too?

Rockstar is pinching the GTA server with NFT support

Like the Minecraft developers, Rockstar Games banned the use of crypto and NFT on third-party fan servers. The company stated that fan creativity is, of course, remarkable, but let's somehow without any JPEGS.

We wonder, what will happen next? Since there are already rumours about the upcoming GTA6, which seems to be its digital currency and NFT.

WHAT WE HAVE?