Buying up FTX claims in the aftermath of the exchange’s collapse looks set to be one of the all-time great distressed trades, but as with many things involving crypto it may not be as simple as it sounds. Read it here in The Brink. trib.al/xEfeU1h

Brains are back in vogue in crypto, with venture money flowing to projects headed by academics rather than influencers trib.al/MLGc2gO

Hugh Hendry warns of ‘Mad Max’ deflation from global FX weakness trib.al/i4rCLTn

If history is a guide, Deutsche Bank says most pegged digital currencies are doomed to fail trib.al/gfn4UFI

The war of words between Kraken and the US Securities and Exchange Commission continued with a new filing by the crypto exchange that argues the agency’s case isn’t even worded correctly trib.al/h4Am7VZ

New ETFs are becoming costlier; Mutual funds are shuttering more quickly than new strategies are debuting trib.al/oOuZSf5

The Justice Department has picked consulting firm Forensic Risk Alliance over elite Wall Street law firm Sullivan & Cromwell to act as outside monitor for Binance trib.al/InOTkip

Crypto investment firm Polychain Capital, is making sizable payouts to investors in two of its four venture capital funds. trib.al/EXJVq1V

Attempts to weaponize fake news laws to sway Senegal‘s election outcome backfired. Other nations‘ leaders should take heed. trib.al/lBNMg4i

Trading volume on major crypto exchanges fell in April for the first time in seven months trib.al/lVszpzr

The EigenLayer crypto project is set to hand out a new token that’s become the most hyped digital-asset launch of the year, as well as one of the most controversial because of exclusions imposed on users in the US, China and elsewhere trib.al/1aziXb9

The war of words between Kraken and the US Securities and Exchange Commission continued with a new filing by the crypto exchange that argues the agency’s case isn’t even worded correctly trib.al/zVeSX4s

FTX has amassed billions of dollars more than it needs to cover what customers lost in its November 2022 collapse, setting them up to receive full recoveries trib.al/gOYQtpI

The Oxford 'castle' tied to FTX-linked charity lists for £15 million trib.al/kdlB3lj

Bitcoin miner Core is converting part of its infrastructure in order to power high-performance computing operations for artificial-intelligence companies trib.al/L3vEWMy

Get up to speed on what's moving global markets trib.al/zgwmZq2

Is there no such thing as bad publicity? If so, the crypto world should applaud a widely-panned Bitcoin pitch in Ohio State's commencement speech, Muyao writes trib.al/gDsxc4g

Hugh Hendry warns of ‘Mad Max’ deflation from global FX weakness trib.al/aB3Y27L

The White House is poised to nominate Kristin Johnson, a CFTC commissioner, to fill a top role at the US Treasury Department overseeing banks trib.al/C02Wnqx

If history is a guide, Deutsche Bank says most pegged digital currencies are doomed to fail trib.al/saEXaDq