$5.9M Crypto Protection Fund Unveiled by CoinDCX

In response to the recent $230 million hack on WazirX, CoinDCX has established a $5.9 million Crypto Investors Protection Fund (CIPF) to compensate users in case of security breaches. The fund aims to set high security standards and ensure customer asset protection. CoinDCX will contribute 2% of its brokerage income to the CIPF annually and plans to review and potentially increase the fund... source: https://www.coingabbar.com/en/crypto-currency-news/59m-crypto-protection-fund-unveiled-by-coindcx