What happened in Crypto this week?
Too busy to keep up with Crypto? 🥱
I got you fam 👇
1) Justin Sun backs FTX Debt token ‘FUD’ in possible securities law breach.💰🫢
Debt DAO said that the bond token will have an initial supply and circulation of 20 million, representing 20% of the notified FTX debt.
Each FUD token is valued at $1.👀
2) Litecoin continues its rally for the halving scheduled in August.🕑
If the past is any indication massive gains are coming. 🔼
3) Is A Bitcoin NFT boom coming?🧐
Ordinals, a protocol launched in January by Bitcoin Core contributor Casey Rodarmor that lets users convert Bitcoin into NFTs. 🪙
The Bitcoin community is split on whether NFTs are good or not for the chain.👊👊
4) FTX Asks Politicians Who Received Bankman-Fried Donations to Return Money. 🤌💰
Does this Drama never end??
5) Orion protocol HACKED losses $3m