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Binance Sets Up Recovery Fund After FTX Collapse; Janet Yellen Warns of Weakness in Crypto

The most valuable crypto stories for Monday, Nov. 14, 2022.

November 15, 2022
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This episode is sponsored by minima.global, Circle and Pastel Network.

Binance is setting up an industry recovery fund to help rebuild the space amid FTX contagion fear. Tron founder Justin Sun says Tron, Huobi Global and Poloniex will support Binance in its initiative. Meanwhile, Bloomberg reports that Treasury Secretary Janet Yellen said the FTX fallout "shows the weaknesses of this entire sector."

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This episode has been edited by Doc Blust. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

This episode is sponsored by minima.global, Circle and Pastel Network.