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Binance Pledges Up To $2 Billion To Bail Out Distressed Crypto Firms As FTX Contagion Spreads

Por: Forbes Business November 25, 2022

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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 , the world’s largest cryptocurrency exchange headed by billionaire , is committing up to $2 billion to help support crypto firms facing financial hardships following the bankruptcy of rival exchange FTX. In a statement released late Thursday, Binance said it will set up a $1 billion... + full article



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