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FTX
Crypto Exchange Bybit Announces $100M Fund to Support Institutional Clients
The exchange will offer as much as $10 million to institutional clients and market makers.

Binance.US to Bid for Crypto Lender Voyager, Binance CEO Confirms
CoinDesk reported last week that Binance.US would be preparing a bid for the bankrupt lending platform.

Binance Targets $1B Recovery Fund for Distressed Crypto Assets: Bloomberg
The Binance fund will be open to contributions from other industry players.

Sam Bankman-Fried Scrutiny Ramps Up; Bitcoin Wallet of Failed BTC-e Exchange Wakes Up
Elizabeth Warren (D-Mass.) and Sheldon Whitehouse (D-R.I.) said in a letter to Attorney General Merrick Garland they want Sam Bankman-Fried and others investigated for FTX's collapse. Plus, a crypto wallet linked to the failed BTC-e exchange sent a total of 10,000 bitcoins to two unidentified recipients, its largest transaction since August 2017.

Litecoin Surges to 6-Month High Ahead of Mining Reward Halving
Litecoin (LTC) is surging eight months ahead of its third mining reward halving, which will cut LTC's pace of supply expansion by 50%. "The Hash" panel discusses what this means for LTC and the wider crypto markets amid the FTX gloom.

Binance.US Leans Into National Politics With New Campaign PAC
Binance.US is stepping into national politics with its own political action committee (PAC), the Binance.US Innovation PAC. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what this means for crypto's role in politics as FTX and its former CEO Sam Bankman-Fried vanish from U.S. policy circles.

FTX Fallout: Incoming Kraken CEO on Trust for Centralized Exchanges
Following the downfall of the FTX empire, why should retail investors trust other centralized exchanges? "Our security team is larger than the entirety of FTX," says Dave Ripley, incoming CEO of Kraken. He discusses the "silver lining" coming out of the FTX "tragedy."

What Is a Crypto Exchange Token and How Did It Help Blow up FTX?
Exchange tokens do not represent a claim on a centralized crypto businesses, but they can have utility.

FTX Fallout: One Bad Apple?
Host Joel Flynn discusses who is to blame for the FTX fallout. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
