Welcome to chain reactionwhere we unpack and explain the latest crypto news, drama and trends, breaking things down block by block for the crypto curious.
For our Thursday episode this week, we discussed the latest drama surrounding crypto mega-exchange Binance, which is entering the stablecoin game and shaking up the ecosystem as it appears to be pushing its way to supremacy. We also covered:
- Sorare enters NBA fantasy sports thanks to a new partnership with the basketball league and players’ association. Can French Startup Beat Dapper’s NBA Top Shot?
- MicroStrategy ex-CEO and Bitcoin bull billionaire Michael Saylor indicted for tax fraud by DC Attorney General; the government estimates that Saylor owes as much as $100 million in income taxes to DC.