X @Wu Blockchain

Research firm Kaiko said in its latest report that crypto market liquidity is increasingly concentrated in a small number of centralized exchanges, with reliance on Binance particularly pronounced. The report noted that during periods of high volatility, such concentration could amplify market-wide cascading risks. Kaiko also said that Binance continues to face structural, operational, and legal uncertainties, including not being formally regulated, having been convicted in the U.S. over anti–money launderi ...