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

Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. 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 designed to help protect user assets and support compensation for unexpected incidents that require an exchange-level response. These include abnormal events, not routine market outcomes.