Binance founder and former CEO Changpeng “CZ” Zhao said he thinks Binance’s token listing process is “broken.” In a long post reflecting on the TST memecoin situation, Zhao concluded that “the Binance listing process is a bit broken. They announce, then list 4 hours later. The notice period is necessary, but in those 4 hours, the token prices go high on DEXes, and then people sell on CEX…” Noting that he was speaking as an observer and not for Binance, he added that he is “not sure there is a solution for this though.” To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io