Tuesday, June 18

Bitget, a popular cryptocurrency platform, announced on Tuesday that it had increased the amount of the current Protection Fund to $300 million. After the https://www.financemagnates.com/cryptocurrency/ftx-hacked-1bn-drained-from-ftx-and-ftx-us-accounts-so-far/” target=”_blank” rel=”noopener”>FTX collapse, the crypto https://www.financemagnates.com/terms/e/exchange/” target=”_blank” id=”b5da6e64-2afe-421d-9b81-16404b7d59d6_1″ class=”terms__main-term” rel=”noopener”>exchange wants to reassure investors and build better protection tools.

The Protection Fund was first introduced in July 2022 with a fund worth $200 million (6000 BTC and 80 million USDT…
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