Binance - the giant or the slow-exploding bomb of crypto?
“Binance is too big to fall”
The above statement was stated by the creator of the Cardano blockchain, co-founder of Ethereum, Charles Hoskinson when asked about “if Binance is having problems” during a talk on Twitter Space. The above answer was given without hesitation by Charles, followed by the consent of the participants.
Binance and its creator, CZ, have become a huge force both inside and outside the crypto world. This is something that no one can deny. However, such a large centralized entity in a decentralized market, reminds us of Sam's fall to the FTX and Alameda empires.