The post Binance’s $1 Billion Industry Recover Initiative Fails: What Went Wrong? appeared first on Coinpedia Fintech News
According to Bloomberg Report, Binance’s much-heralded $1 billion Industry Recovery Initiative (IRI) has significantly underperformed. Launched as a lifeline for a challenging market, the IRI has invested a mere $30 million of its massive commitment, raising eyebrows and skepticism. The Genesis: The IRI’s Lofty Aspirations Conceived in the wake of a series of market catastrophes, …
$285 Million in Bitcoin Shorts Wiped Out
