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Bitunix Increases Its Care Fund to $50 Million, Further Strengthening User Protection

By Advertorial

Cryptocurrency exchange Bitunix has increased its Care Fund from $30 million to $50 million USDC, expanding the reserve available to support users in exceptional situations. The company has also identified the fund’s new on-chain address, providing a way to track the reserve on the blockchain. The Care Fund is…

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A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

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A shared digital ledger in which records are grouped into blocks and linked so that past entries are very hard to change.

It underpins cryptocurrencies and is tested for payments, supply tracking and record keeping.

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