Last week, the world’s largest crypto exchange Binance formally unveiled a $1 billion “industry recovery fund” to help contain the damage dealt to the industry by the spectacular implosion of FTX. A f...
Tag: Binance recovery fund
Binance Pledges Up To $2 Billion To Bail Out Distressed Crypto Firms As FTX Contagion Spreads
Changpeng Zhao, cofounder and CEO Binance, spoke at a summit in Lisbon, Portugal in early November. Piaras Ó Mídheach/Sportsfile for Web Summit via Getty Images Binance, the world’s largest cryptocurr...