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The collapse of FTX despatched shockwaves via the crypto ecosystem final 12 months. But it surely gave rival crypto alternate Binance, the most important on the earth, an opportunity to dominate the markets. The FT’s digital property correspondent Scott Chipolina explains why Binance has struggled to capitalise on that second.
Clips from CNBC, CBS Information and Good Morning America
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The FT Weekend Competition is again on Saturday, September 2 at Kenwood Home Gardens in London! It’ll be a day of debates, performances and extra — together with a reside recording of Behind the Cash. As a podcast listener, declare £20 off your competition go utilizing promo code FTPodcast. Get your go right here: http://ft.com/festival
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For additional studying:
Has Binance blown its chance to rule the crypto markets?
Small crypto exchanges take advantage of Binance’s decline
When tackling crypto, the SEC should be wary of overreach
Changpeng ‘CZ’ Zhao, crypto’s ‘corporate raider’
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On Twitter, observe Scott Chipolina (@ScottChipolina) and Michela Tindera (@mtindera07)
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