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Binance Allocates Another $1B for Its Crypto Recovery Fund

CoinDesk LogoCoinDesk2d ago

Binance Allocates Another $1B for Its Crypto Recovery Fund - CoinDesk

Quick Summary:

Other prominent crypto players, including Aptos Labs and Jump Crypto, have also joined Binance's initiative.

Parikshit Mishra is the news editor for CoinDesk during the mid Asia and early European hours.

The size increase comes a day after CZ said that Binance is targeting $1 billion for its crypto recovery fund.


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Article Details

Author / Journalist: Parikshit Mishra

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-25 @ 07:01:32 (2 days ago)

News Timezone: GMT -5:00

Ranking: #1223 (out of 2264 stories this day)

News Source URL: coindesk.com

Language: English

Article Length: 550 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 1926030

View Article Analysis

About CoinDesk

CoinDesk Logo

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 29 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 12 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

Publisher Details

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The story "Binance Allocates Another $1B for Its Crypto Recovery Fund" has 550 words across 32 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "Binance Allocates Another $1B for Its Crypto Recovery Fund" was covered 2 days ago by CoinDesk, a news publisher based in United States.

How trustworthy is 'CoinDesk' news outlet?

CoinDesk is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 29 news stories per day.

It's most recent story was published 12 hours ago.

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  • News ID: #1926030
  • URL: https://beamstart.com/news/binance-allocates-another-1b-for-16693629997721

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