All eyes on Binance, why?

[Citysatoshi]

Yes, many people sees Binance as a big organization which has given it a huge attentions to the the network, the Binance smart chain (BSC). The popularity of the Binance exchange has also uplifted the its native token, BNB coin. I think that Binance has been able to market itself as the best CEX exchange, one of the best blockchain networks in the world, and consequently, all eyes now focus on platform as the number one. I think that Binance is now the king CEX exchanges, just as bitcoin became the king of crypto.

[yohananaomi]

Because Binance is the world's number one cryptocurrency exchange, if anything untoward happens to it, it could spell trouble for investors, so everyone's eyes are on it. Already after the collapse of FTX, a lot of investors' funds have been wasted.

now that what happened with FTX has many investors feeling scared, that it could happen with something else. Of course it can't be avoided because it could happen. All that remains is how can you want to take good care of it so you don't make mistakes in anticipating policies that might make fatal mistakes.
agree with you guys, that because binance is currently the best exchange out there, everyone is going there and hoping not to get anything wrong that might happen. Anticipating is the thing to do and indeed not keeping your funds on all existing exchanges is certainly one of the best precautions.

[Tolyk]

This is understandable why attention is focused on the binance exchange, the biggest draws for those who trade on this exchange, popular projects get directly to this exchange.