@NewYorkStateAG Then you’ll have to sue One piece, Pokemon, Yugioh, Kalshi, Polymarket for doing the exact same thing. You are clearly targeting the company for altering motives under the guise of protecting others, corrupt politician
What exactly is going on at Binance? 🤷♂️
First, the 10/10 liquidation cascade: the largest single day event in crypto history (-$19B) was initially described by some as a platform software failure.
Binance quickly rejected that framing, instead attributing the primary cause to macroeconomic triggers (renewed tariff threats) compounded by elevated Ethereum gas fees that hampered arbitrage and exacerbated the deleveraging spiral.
Now, concerning the widely reported net outflows of approximately $12 billion: Binance has characterized these figures as discrepancies (data glitches appearing on Coinglass and DefiLlama) and directed attention toward CoinMarketCap’s data (which Binance owns) as the reliable benchmark.
In the same post, the messaging shifted again: yes, significant withdrawals have occurred, but they are largely the result of deliberate, stress tests by Binance.
A stable, unified explanation would be considerably more reassuring, CZ. Right now the narrative seems to readjust itself whenever the current version is challenged.
CZ Binance posted “poor again” after the crash.
Billions in net worth.
Zero respect for users who just got wiped. Zero respect for all victims from 10/10 2025 who got rekt.
Never forget who laughs when retail bleeds.
Why is @Cointelegraph pushing Binance's propaganda?
Why are there zero crypto journalists investigating the victims of 10/10 that Binance is threatening to sue for speaking out on X?
Talked with @hashdag yesterday
Here's my take: it turns out that "kas drama" is way less spicy than ct wants
This is not about 'ideology' wars. Not cypherpunk vs marketing beef (way less sexy/deep than I thought)
It's just that builders can't post enough + (some) community's listening to the wrong people
Let me explain what I mean:
Builders (Yoni on RnD direction, Michael on code + other talented ppl) are actually moving at a constant pace - vProgs, DK, schedulers, RTD, the whole roadmap. But they can't live on X. When they DO post gotta be super careful bc it becomes expectations instantly
Observers (everyone else) have infinite time, zero execution risk. Costs nothing to tweet "lol impossible <2yrs" or confidently explain kas roadmap from the sidelines. wrong? whatever. Nothing actually breaks for them
They don't have current context on vProgs, L2 plans, or why covenants hard fork is about security budget stuff NOT drama
Core quietly spin cycles correcting "authoritative" takes that are like 3 iterations stale
Here's my thing: stay glued to the people actually building/close to the protocol, translate for crypto folks who can actually evaluate this stuff, and help everyone else recalibrate their "wait who actually knows?" sensors
Kas-aligned = core-aligned makes way more sense than other heuristics; everything else is just noise
Bandwidth problems look like drama problems until you zoom in
More coming on what's actually being built and who's building it
@AshCrypto Your account is full of useless shit, so I hope X stops recommending it to me in 2026 🤞
Same as other coping crypto bros. Please hear my idea @elonmusk