【Who is really 'killing' Binance?】 Over the past year, online discourse about Binance has oscillated between 'losers' and 'industry leaders'.
Paying a staggering $4.3 billion in fines / Executive departures / VC tokens that have peaked at listing / Exorbitant listing fees / Close-knit circle / Overvalued tokens crashing, and more, have all been recent hot topics, which is why we took a week to complete this video.
JY will guide you through a comprehensive breakdown of the challenges facing this beast called Binance from perspectives such as its management decisions, market changes, and its history of development.
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00:00 Who is really killing Binance?
00:39 Crisis Emerges
Binance's products and its profit structure
Regulatory strikes/compliance crisis
03:38 Internal Troubles (Scandals and Turmoil)
Management upheaval/partner malfeasance/token listing controversies (VC tokens/exorbitant listing fees)
07:48 External Threats: Competition from peers/on-chain competition
09:51 Binance's Growth History
12:20 Current Situation and Summary
