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Is Binance's $1B Crypto Recovery Fund A Gigantic Fizzle?
Tuesday, October 10, 2023 - 2:35pm | 565Crypto exchange Binance promised to invest a staggering $1 billion, denominated in its branded stablecoin BUSD, into promising crypto startups through its Industry Recovery Initiative (IRI), following the collapse of crypto exchange FTX. As it stands now, IRI has only funded $30 million...