Welcome to Chain response, the place we unpack and clarify the latest in crypto information, drama and tendencies, breaking issues down block by block for the crypto curious.
For our Thursday episode this week, we talked about the latest drama surrounding crypto mega alternate Binance, which is entering into the stablecoin recreation and shaking up the ecosystem as a outcome of it appears to muscle its method to supremacy. We additionally lined:
- Sorare will get into NBA fantasy sports activities due to a mannequin new partnership with the basketball league and the gamers affiliation. Can the French startup beat out Dapper’s NBA prime Shot?
- MicroStrategy ex-CEO and Bitcoin bull billionaire Michael Saylor sued for tax fraud by DC legal professional regular; the federal authorities estimates Saylor might owe as a lot as $a hundred million in income taxes to DC.