Crypto regulators have shifted their focus to ETH rather than XRP, and a recent exposé revealed that Shibarium is a clone. The turmoil surrounding Shibarium has led to $5 billion worth of BONE being unstaked, according to the latest crypto news diges

Pro-crypto lawyer John Deaton believes that regulators are now targeting Ethereum (ETH) and planning to shut down all similar projects. Deaton pointed out that the New York state attorney general chose to charge the exchange for selling unregistered securities with ETH instead of XRP, even though XRP was previously traded on the exchange. In another story, the Shiba Inu community is in turmoil after accusations were made against its Shibarium Layer 2 solution, claiming that it was a clone of another blockchain project called Rinia. As a result, $5 million worth of BONE tokens were unstaked, causing SHIB's native token to plummet by 13%. Additionally, YouTuber Ben "Bitboy" Armstrong threatened to reveal the identity of Shytoshi Kusama, the lead developer of the Shiba Inu project, leading to a heated conversation on social media.