Binance Is Back — Or Why the October 10 Crash Was Yet Another CEX Attack on the Crypto World

Web3 Tech Brief By HackerNoon

This story was originally published on HackerNoon at: https://hackernoon.com/binance-is-back-or-why-the-october-10-crash-was-yet-another-cex-attack-on-the-crypto-world.
CEXs don’t just parasitize cryptocurrencies, tokens, and other crypto assets — they do so with cynical audacity and alarming regularity.
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Binance’s internal pricing flaw made such a massive attack possible. CZ is not just a crypto whale but someone willing to use any means necessary to advance his projects. After settling his U.S. case, he’m back with double, if not triple, the force.