🌶️ Spicy… The SEC sued TerraForm Labs, the biz behind the failed TerraUSD stablecoin, alleging it committed fraud and sold unregistered securities. TerraUSD blew up in May and erased $40B in market value.
🤖 Techy… Bitcoin NFTs (dubbed: ordinals) are picking up steam with 126K+ added since their blockchain debut last month. The project lets users store audio, images, and videos directly on the bitcoin blockchain.
🪙 Coins… After Paxos said it'd stop issuing the Binance-branded BUSD stablecoin, the coin's market cap plummeted $2B+. Rival stablecoin tether (aka: USDT) has benefited as crypto traders look for alts.
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