I don't think that binance is a threat to cryptocurrency space. we know that binance is a large exchange and has many users and we also know that most investors already trust their exchanges to trade.
it is hard to believe if he is a threat to cryptocurrency, and maybe that is just news that is uncertain but has spread.
I don't understand that, but I'm not sure about this news, because Binance is a big exchange here and many are interested because maybe they are sure about him if he can develop better.