X @Andy

Industry Competition & Dynamics - CEXs are facing increasing pressure from DEXs, potentially leading to a shift in market dominance [1] - Binance is accused of demanding 7% of token supply, millions of USD in cash and BNB for listing [1] - Binance launched a competitor named Aster on its own chain [1] Binance's Actions & Repercussions - Binance allegedly stole money from users, then returned some after backlash [1] - Binance's customer support team publicly threatened a user, causing further backlash [1] - Binance called a user a "clout chasing loser" on X, leading to more criticism [1] Hyperliquid's Rise - Hyperliquid is gaining popularity after a significant crash [1] - Hyperliquid's success is seen as a threat to centralized exchanges [1]