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BitMex Insurance Fund Tags ATH, Binance and Deribit Inject Millions

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BitMex Insurance Fund Tags ATH, Binance and Deribit Inject MillionsBitMex Insurance Fund Tags ATH, Binance and Deribit Inject Millions

The March 13 crypto market meltdown ravaged cryptocurrency companies across the industry, sparking a MakerDAO debt crisis and causing millions to be deployed from the insurance funds of exchanges Binance and Deribit.

In spite of the widespread carnage, the insurance fund of leading derivatives exchange, BitMex, only took two days to break back into new all-time highs.

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Source: Cryptocurrency - investing.com

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