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Binance - What Are You Really Achieving?
Binance has been in the news recently for a number of reasons. One is that they are no longer audited annually and subject to review by the SEC. They also seem to be behaving strangely, like CZ going watch out for exchanges making big transfers before proof of reserves. And then two days later he's like oh no all these big transfers we're doing are because we're trying to do our proof of reserve. It's kind of inexplicable. The things he's been doing and the way they've been behaving. But now that circle canceled their spec circles, probably not actually going to keep doing audits. I would say really backfired for them almost.