Binance Targets Ethereum Users For its Own Blockchain, Is ETH Next For Delisting?

The world’s dominant crypto exchange, Binance, has been in the headlines for most of the week following its decision to delist a major cryptocurrency. The debate as to whether this was the righteous thing to do to rid the ecosystem of a bad actor, or it was a kick in the teeth for decentralization by a corporate giant, still rages on.

There is no doubt that Binance has ambitions well beyond a digital asset exchange. It appears to be angling to become the Google of the crypto world with an ever expanding array of crypto and blockchain related services.

Binance Chain Versus Ethereum

The latest of which, according to The Block, has targeted the world’s second largest crypto platform Ethereum. Despite charismatic owner Changpeng Zhao playing down the firm’s role in the industry, Binance has become a behemoth with the power to make or break a crypto project. This was made painfully clear to Bitcoin SV holders earlier this week.

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2019-04-18 08:30:20

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