Episode 182
📍 Decrypt is shifting its business model to incorporate web3 and decentralized storage, rethinking the traditional media model.
📍 A federal lawsuit has been filed against the creators of the Hawk Tuah meme coin, alleging they marketed and sold an unregistered security, resulting in a 93% price collapse and over $151,000 in damages for investors.
📍 Memecoins, such as Bonk and Floki, experienced significant price surges, with Bonk leading the growth with a 30% increase, and Floki being named a utility token by the Commodity Futures Trading Commission (CFTC), validating its utility-first approach.
