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Binance attained these heights by executing aggressively on several fronts: expanding geographically, adding to its listing of coins and tokens, and experimenting with new products, including its own decentralized exchange and exchange token.
Mario Gabriele • The Paradoxes of Coinbase
Before he could do any of this, he needed to get rid of CZ. CZ still owned the stake in FTX that he had bought in late 2019 for $80 million. Relations between Binance and FTX had since deteriorated into simmering resentment. Binance was the class bully, FTX the class nerd,…
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Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
To summarize, Binance continues to be a first-mover for innovative initiatives within the crypto industry.
Zach Fitzner • Binance: A Case Study of BNB’s Success
One hitch to the tokens was that they were illegal to sell inside the United States. The explosion of new crypto tokens had spawned a new game of cat and mouse, between token creators and securities regulators. The world’s most aggressive securities regulator, the US Securities and Exchange Commission, now devoted a meaningful amount of energy to a
... See moreMichael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
Binance continues to be the go-to liquidity provider for every major digital asset.