Binance traders are apparently more spooked by fees than legal action from the CFTC. Data from Kaiko has shown how the largest crypto exchange’s market share has dropped some 16% over the past two weeks. But looking closer, most of this drop came as soon as Binance ended its zero-fee program on March 22 rather than the CFTC’s latest lawsuit against the platform on March 27. Say what you will about traders, but they’re certainly a cost-conscious bunch.
We’re headed to the Non Fungible Conference in Lisbon on 7-8 and 9 June ’23. We’ve got 20 tickets for you Use the code DECRYPT30 and get yours now for €60 (usually €600) 👇
In our first gm AMA, recent guest Neal Stephenson hopped into our listener Telegram room and candidly answered questions via voice memo. Neal is the “Snow Crash” author who coined the term “metaverse” and is now working on open metaverse blockchain Lamina1. Make sure you go back and listen to his full gm episode from March 4 before enjoying this bonus AMA. And make sure you join our Telegram room, open to all listeners, at t.me/gmpodcast.