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3232Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum
https://www.digit.info/binance-converts-1-billion-busd-into-bitcoin-bnb-and-ethereum/
Mon, 13 Mar 2023 17:30:56 +0000https://www.digit.info/2023/03/13/binance-converts-1-billion-busd-into-bitcoin-bnb-and-ethereum/Read more]]>On Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be noticeable following the announcement. CZ’s Decision to Convert $1 Billion BUSD Comes Amidst Troubles […]
]]>Binance Launches Billion-Dollar Crypto Industry Recovery Fund to Restore Confidence After FTX Meltdown
https://www.digit.info/binance-launches-billion-dollar-crypto-industry-recovery-fund-to-restore-confidence-after-ftx-meltdown/
Fri, 25 Nov 2022 12:30:04 +0000https://www.digit.info/2022/11/25/binance-launches-billion-dollar-crypto-industry-recovery-fund-to-restore-confidence-after-ftx-meltdown/Read more]]>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 Cryptocurrency exchange Binance unveiled Thursday some details of its Industry Recovery Initiative (IRI), which […]
On Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be noticeable following the announcement. CZ’s Decision to Convert $1 Billion BUSD Comes Amidst Troubles […]
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 Cryptocurrency exchange Binance unveiled Thursday some details of its Industry Recovery Initiative (IRI), which […]