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The Crypto Report: Metaverse crypto Decentraland up 13% while JRR Token coin faces legal action

The Crypto Report: Metaverse crypto Decentraland up 13% while JRR Token coin faces legal action

Decentraland, a cryptocurrency used in a ‘metaverse’ platform, was among few risers up 13% changing hands at US$4.20 in the run-up to the Thanksgiving holiday later this week.

And in other crypto news … lawyers representing the estate of world-renowned author JRR Tolkien, creator of the Lord of the Rings and the Hobbit, have taken legal action against the creator of the crypto coin ‘JRR Token.’ The coin which was launched in August 2021 under the domain ‘jrrtoken.com’, was said by the estate, to breach the trademark of the author.