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Is Binance Coin Going to Zero? BNB Price Drops 1% as Newcomer Coin Races Past $750,000 Milestone
26.10.2023
Despite Bitcoin price pushing up, and a break-out alt-season, Binance Coin (BNB) is struggling to make gains, and following a -1% drop dejected bag-holders are now asking ‘Is Binance Coin going to Zero?’ – find out in BNB price analysis. This comes as disappointing reports...
Binance $1 Billion Industry Recovery Fund Post-FTX Underperforms
10.10.2023
Binance CEO Changpeng Zhao's plan to rescue the cryptocurrency market has fallen short of expectations eleven months after launch.
Since the launch of the Industry Recovery Initiative (IRI), the company has only spent less than $15 million out of an announced $1 billion fund, Bloomberg wrote. ...
Binance tight-lipped on projects funded by $1B crypto recovery fund
10.10.2023
Binance-initiated IRI fund has only spent some 2.7% of the total of $1.1 billion committed to saving crypto in the aftermath of the FTX collapse, and has still not explained which entities benefited
First Mover Americas: Binance Increases Recovery Fund, wBTC Loses Its Peg
25.11.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 25, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Binance Launches Billion-Dollar Crypto Industry Recovery Fund to Restore Confidence After FTX Meltdown
25.11.2022
Binance has committed $1 billion to a crypto industry recovery initiative to restore confidence following the collapse of crypto exchange FTX. Several other crypto companies have joined Binance’s efforts and committed capital for the recovery fund. Crypto Industry Recovery Initiative Launched...
Binance Allocates Another $1B for Its Crypto Recovery Fund
25.11.2022
Other prominent crypto players, including Aptos Labs and Jump Crypto, have also joined Binance's initiative
Jump Crypto, Aptos Labs Commit to Binance-Led $1B Recovery Fund
24.11.2022
Several prominent crypto companies including Aptos Labs and Jump Crypto will contribute $50 million to the planned $1 billion Industry Recovery Initiative (IRI)
Binance aims to allocate $1 billion for crypto recovery fund
24.11.2022
Binance CEO Changpeng Zhao is aiming to stockpile $1 billion for an industry recovery fund
Binance Targets $1B Recovery Fund for Distressed Crypto Assets: Bloomberg
24.11.2022
The Binance fund will be open to contributions from other industry players
Binance CEO denies report firm met with Abu Dhabi investors for crypto recovery fund
22.11.2022
Changpeng Zhao first announced the fund following FTX filing for bankruptcy, saying it would be aimed at helping projects with liquidity issues, but was not for "liars or frauds."
Binance CEO Seeking Funds From Middle East Investors for Crypto Recovery Fund: Bloomberg
22.11.2022
Binance plans to start a recovery fund to help projects with strong fundamentals, but suffering from a liquidity crisis
Binance Forming Crypto Industry Recovery Fund to ‘Reduce Further Cascading Negative Effects of FTX’
14.11.2022
Cryptocurrency exchange Binance is forming an industry recovery fund to “reduce further cascading negative effects of FTX,” said CEO Changpeng Zhao (CZ). “As an industry, we need to increase transparency,” the executive stressed. “We need to work very closely with...
Binance creates industry recovery fund to help projects struggling with liquidity
14.11.2022
Binance CEO Changpeng Zhao clarified that the project is for other potentially strong projects and not FTX, saying that “liars or fraud” would never qualify
Binance Starts Recovery Fund for Crypto Projects Facing Liquidity Crisis
14.11.2022
Tron founder Justin Sun said that Tron, Huobi Global and Poloniex will support Binance in its initiative