Is the NBA a Leak?

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The NBA has historically been a leak that has embraced its global fan base. The NFTs are kind of an interesting way for the NBA to actually grow its fan base abroad as well. Binance, which is the largest global crypto exchange by volume, basically announced that they are killing access to three of the stable coins on their exchange in order to compete with its own stable coin. And it'll be interesting to see overall whether or not these partnerships and deals pay off.

Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious.

For our Thursday episode focused on major news topics this week, we discussed the latest drama surrounding crypto mega exchange Binance which is making its presence known in the stablecoin game and shaking up the ecosystem as it looks to muscle its way to supremacy. We also covered:

Sorare gets into NBA fantasy sports thanks to a new partnership with the league. Can Sorare beat out Dapper’s NBA Top Shot?
MicroStrategy ex-CEO and Bitcoin bull billionaire Michael Saylor sued for tax fraud by DC Attorney General; the government estimates Saylor may owe as much as $100 million in income taxes to DC.

Join us at TechCrunch Disrupt this October to hear from speakers including a16z’s Chris Dixon and Solana Labs’ Anatoly Yakovenko — use the promo code REACT for 15% off, excluding online and expo.

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Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.

Chain Reaction comes out every Thursday at 12:00 p.m. ET, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.