After FTX’s demise, Binance commits $2 billion to preserving the cryptocurrency sector
In an effort to support the recovery of the sector, Binance has pledged $2 billion to the company’s crypto rescue fund. Changpeng Zhao, the founder and CEO of Binance, stated that the so-called Industry Recovery Initiative (IRI) may decide to purchase some of the struggling cryptocurrency projects that the now-defunct exchange FTX had purchased. With … Read more