February 21, 2019, 8:11AM EST
• 4 min read
Money 2.0 Stuff: Burn this newsletter to increase value for all subs
- 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