According to a recent Bloomberg report, the Industry Recovery Initiative (IRI), a proposal initiated by Binance CEO Changpeng Zhao following the FTX debacle, has not been successful. Failing to achieve the anticipated fund for industry stabilization, Zhao has reportedly decided to step back from the project. When the whole crypto industry stood frozen in the The post Binance CEO’s $1 Billion IRI Project Fails to Raise Estimated Fund appeared first on Coin Edition .
