03-06-2021, 11:50 PM
Coinmarketcap (now owned by Binance) posted an article admitting the centralized nat
<!-- SC_OFF --><div class="md"><p><a href="https://coinmarketcap.com/alexandria/article/31m-stolen-after-meerkat-finance-launch-goes-wrong">A recent article posted on Coinmarketcap</a>, explaining the hack of $31M from Meerkat Finance project, ended with the following words:</p> <blockquote> <p><em>If the Binance team can confirm that it was a rug pull, there’s a possibility that they could rollback transactions on the blockchain —</em> <strong><em>something that’s only possible due to the centralized nature of the Binance blockchain</em></strong> </p> </blockquote> <p>Seems pretty awkward that someone wrote that Binance Chain is centralized on their own website, considering that Binance bought Coinmarketcap last year.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Kappanion"> /u/Kappanion </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lz19vr/coinmarketcap_now_owned_by_binance_posted_an/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lz19vr/coinmarketcap_now_owned_by_binance_posted_an/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p><a href="https://coinmarketcap.com/alexandria/article/31m-stolen-after-meerkat-finance-launch-goes-wrong">A recent article posted on Coinmarketcap</a>, explaining the hack of $31M from Meerkat Finance project, ended with the following words:</p> <blockquote> <p><em>If the Binance team can confirm that it was a rug pull, there’s a possibility that they could rollback transactions on the blockchain —</em> <strong><em>something that’s only possible due to the centralized nature of the Binance blockchain</em></strong> </p> </blockquote> <p>Seems pretty awkward that someone wrote that Binance Chain is centralized on their own website, considering that Binance bought Coinmarketcap last year.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Kappanion"> /u/Kappanion </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lz19vr/coinmarketcap_now_owned_by_binance_posted_an/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lz19vr/coinmarketcap_now_owned_by_binance_posted_an/">[comments]</a></span>Kind Regards R