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Inside the mystery of BitMEX’s insurance fund

The BitMEX insurance fund was marketed as protection but a new lawsuit alleges it grew on collateral stripped from customers.

BitMEX to close, but what about its $270M insurance fund?

BitMEX announced it will close in September, following “a strategic review of the business and the broader crypto industry.”

Coinmetro, an Estonian-based cryptocurrency exchange, has filed for bankruptcy, blaming the failure on one or several financial partners.

Arkham Exchange’s daily trading volume struggles to top $22M while rival firms like Binance and Coinbase pull in billions each day.