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

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

Binance, the world’s largest cryptocurrency exchange headed by billionaire Changpeng Zhao, is committing up to $2 billion to help support crypto firms facing financial hardships following the bankruptcy of rival exchange FTX.