In every single corner of the crypto landscape, one name pops up: Binance. Run by Changpeng “CZ” Zhao, the world’s largest crypto exchange is a dominant force in everything from Bitcoin trading and digital art to venture capital. With its power and influence only increasing after the collapse last year of Sam Bankman-Fried’s FTX empire, the inconvenient truth is that Binance has a grip on the $1.1 trillion industry that has few parallels in traditional finance. That’s despite all the decentralization talk from crypto’s true believers. So the news Monday that the US Commodity Futures Trading Commission sued Binance ... (full story)