welcome to Chain reactionwhere we unpack and explain the latest crypto news, drama and trends, breaking things down block by block for those curious about crypto.
For our Thursday episode this week, we discussed the latest drama surrounding mega crypto exchange Binance, which is rocking the stablecoin ecosystem as it seeks to carve its way to supremacy. We also covered:
- Sorare is getting into NBA fantasy sports through a new partnership with the basketball league and players’ association. Can the French startup beat Dapper’s NBA Top Shot?
- Michael Saylor, former CEO of MicroStrategy and Bitcoin bull billionaire, sued for tax evasion by the DC Attorney General; the government estimates Saylor could owe up to $100 million in DC income taxes.