February 21, 2019, 8:11AM EST
• 4 min read

Money 2.0 Stuff: Burn this newsletter to increase value for all subs

Quick Take

  • What is BNB? Is it a security, where there is some claim on future cash flows or liquidation value? Is it a utility token?
  • BNB served as extremely cheap capital that fueled Binance’s aggressive growth
  • KuCoin asked some projects to pay volume-boosting fees or face being delisted
  • Crypto exchanges struggle as demand for the long-tail crypto-tokens has all but evaporated

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