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In this episode of Unchained Premium, Unchained editor James Rubin spoke with Riyad Carey, exploring the aftermath of Binance's $4 billion settlement with the DOJ. Carey dissects its impact on the crypto exchange landscape, examining liquidity trends and the strategic positioning of players like Coinbase and ByBit in this evolving market.
Show Highlights:
why Coinbase and ByBit are considered the big winners of the Binance settlement
how ByBit managed to capitalize on the opportunity created by Binance's situation
whether Binance will face a drop in liquidity following the settlement
why the settlement didn't lead to a significant liquidity drop for Binance
how the settlement outcome demonstrated Binance's strength in the exchange space
what impact the listing of many altcoins as securities last year had on the market
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