The post Binance CEO’s Industry Recovery Initiative Fails! appeared first on Coinpedia Fintech News
Changpeng Zhao’s Industry Recovery Initiative (IRI) has failed to save the crypto market, according to a Bloomberg report. The IRI, which was launched following the failure of crypto firms during the Terra-LUNA crisis and the FTX debacle, has only invested $30 million in projects. The crypto industry has suffered from further challenges, such as Operation …