There is nothing short of FUDs in the crypto market especially for big names such as Binance. Recently there are so many accusations about Binance and even the U.S Senator has inquired. According to Binance's response
https://www.binance.com/en/blog/ecosystem/binance-shares-its-recent-response-to-us-senators-inquiry-1968152125579137703 , there are some public misconceptions about Binance and the team had already clarified. When I read the news, the first thing came to my mind was that BNB price was doomed to decrease dramatically. However, Binance US's weekly trading volume reached 41% of Coinbase's (global) trading volume last week, which is an ATH. (Source:https://twitter.com/cz_binance/status/1641728341962096641). At the same time, BNB price is still around $320, showing very little volatility. What makes Binance so strong faced with so many unfavorable conditions ? Please share your opinions.
I can't imagine what cryptocurrency will be like if Binance is destroyed who can be trusted anymore but Binance has still survived to this day with fud. It's common with Binance. The reason why Binance is still surviving is because Binance Exchange is No. 1 in the world based on Coingecko. Many people put their trust in Binance, including me. don't be consumed by fud and what is broadcast on the media binance has a strong community and some people keep their assets on binance stay safe do your research first