Bybit, a cryptocurrency derivatives exchange, provided a new help fund to help institutional traders access liquidity after the collapse of FTX, triggering a new round of selling panic in the digital asset market.
After the demise of FTX earlier this month, market makers and high-frequency trading companies may use the $100 million support fund. Funds will be awarded to eligible candidates with 0% interest.
As per the principles outlined by the Trust Project, Cryptozia remains dedicated to delivering impartial and transparent reporting. This news article is intended to offer precise and punctual information. Nevertheless, it is recommended that readers autonomously corroborate the facts and seek advice from a qualified expert prior to making any decisions reliant on this content.
Copyright © Cryptozia, News .2023
