Binance to launch ‘recovery fund’ for strong projects with liquidity crisis

Binance CEO Changpeng ‘CZ’ Zhao revealed on Nov. 14 that the exchange would launch an industry recovery fund to help strong projects in a liquidity crisis. To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund, to help projects who are otherwise strong, but in a liquidity crisis. More details … Continue reading Binance to launch ‘recovery fund’ for strong projects with liquidity crisis