Binance never compromised with their reputation. This exchange got hacked several times but they protected the users' funds, so, no one left the Binance exchange!
A lot of people stopped looking at Coinmarketcap, as they did nothing against faked volume exchanges/tokens! Rather most of the shit exchanges are available in the top rank!
Even a shit exchange called Tagz climbed up to the first rank, now their volume likely zero! I did not participate in Tagz bounty, because it looked shit at first sight!
So, now, as Binance owns the CMC, so, they will rank up only the real volumed exchanges like Bittrex, Kucoin, Poloniex, Kraken and so on! And exchanges like Hotbit, Coinsbit, Bilaxy will go as low rank as they deserved, all of their fake volumes will be washed out! So, I am very much happy now! I made a couple of threads against these fake exchanges and CMC's silent habit against scam exchange! Now, we are gonna see what we asked for!
I believe from now the crypto market will have less negativity, less scam exchange and tokens. What do you think guys about it? Am I expecting too much or its okay?
Can you share a detailed post here because what I have heard so far is that they are still in talk so maybe I miss something like whether the transaction has been finished or not.
But what I love to see, is the payment or any documents that are telling that the Binance already owns the CMC so we can also adjust and check whether they are already creating an adjustment to site or not. I also love to see those shit exchange to be downgraded as they are nuisance to the users who like to use the right exchange that they like.