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When crypto sells off, the market doesn’t so much walk down the stairs as it slips on the first step and discovers there never were any handrails. Everyone knows why: perps are a stadium, options are a side alley, and insurance in a storm is hard to buy. Paolo Ardoino, the CTO of Bitfinex, knows
This move comes amid ongoing volatility in crypto markets, where sudden price swings can trigger forced liquidations, affecting both traders and market integrity. The new system introduces specialized Insurance Fund Pools to provide targeted protection based on contract type and correlated risks. Specialized Insurance Fund Pools The updated mechanism features two dedicated pools. The New
TLDR: Meanwhile raised $82 million in a round co-led by Haun Ventures and Bain Capital Crypto, joined by Apollo and Pantera. The Bermuda-licensed insurer operates fully in Bitcoin, handling premiums, claims, and reserves in BTC. The company plans to expand Bitcoin-denominated savings and insurance products through new institutional partnerships. CEO Zac Townsend said the funding
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