Coinmarketcap (now owned by Binance) posted an article admitting the centralized nature of Binance Chain

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Coinmarketcap (now owned by Binance) posted an article admitting the centralized nature of Binance Chain

A recent article posted on Coinmarketcap, explaining the hack of $31M from Meerkat Finance project, ended with the following words:

If the Binance team can confirm that it was a rug pull, there’s a possibility that they could rollback transactions on the blockchain — something that’s only possible due to the centralized nature of the Binance blockchain

Seems pretty awkward that someone wrote that Binance Chain is centralized on their own website, considering that Binance bought Coinmarketcap last year.

submitted by /u/Kappanion
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