tl;dr

• Shiba Inu has a lot to talk about• SEC is digging in with the Binance investigation• DCG is under scrutiny from the SEC for internal business dealings• NFT marketplace SuperRare has 30% less staff now• Justin Sun forced to move $100M in stablecoins to buoy Huobi Global during bank runThere is a lo...

• Shiba Inu has a lot to talk about
• SEC is digging in with the Binance investigation
• DCG is under scrutiny from the SEC for internal business dealings
• NFT marketplace SuperRare has 30% less staff now
• Justin Sun forced to move $100M in stablecoins to buoy Huobi Global during bank run

There is a lot I am looking at and connecting the dots for the next years is proving to be some work. Here is what is on my mind.

1. Shiba Army must be flying right now. They are very close to launching Shibarium, their metaverse play. Then there is the deal with Bugatti; there is also the announcement that all on-chain transactions will burn SHIB

2. The ongoing SEC investigation into alleged money laundering using Binance has extended into the hedge funds that may have possible dealings

3. DCG may face investigation into its internal business dealings

4. NFT marketplace SuperRare cuts 30% of staff. This adds on to the already huge amount of layoffs going on out there.

5. Huobi Global is in more trouble that we thought; Justin Sun had to move $100M in stablecoins to help with the bank run.

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 19 Sep 24
 19 Sep 24
 19 Sep 24