Bitcoin (BTC) $108,979.46 0.75%
Ethereum (ETH) $2,561.27 1.82%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 151.721096 2.52%
Cardano (ADA) $0.59 2.74%
Chainlink (LINK) $13.46 2.31%
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Polygon (MATIC) 0.25693 2.45%
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Dogecoin (DOGE) $0.00 3.25%

Cryptocurrencies: 26585

Markets: 104250

Market Cap: $3,363,512,843,742

24h Vol: $68,523,822,230

CoinGape

2022-11-25 06:10:04

Binance Chief Doubles the Target for Crypto Recovery Fund to $2 Billion

Binance Chief Doubles the Target for Crypto Recovery Fund to $2 Billion

Ever since the collapse of the crypto exchange FTX, Binance chief Changpeng Zhao has been actively working to set up a recovery fund to help distressed, yet fundamentally strong firms. Besides, Binance has also doubled its fundraise plans from $1 billion to now at $2 billion. During his interview on Thursday, November 24, Zhao said The post Binance Chief Doubles the Target for Crypto Recovery Fund to $2 Billion appeared first on CoinGape .

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