Hong Kong-based trading platform BitMEX owns so much Bitcoin that it could launch multiple 51 percent attacks against some altcoins for months. Bitcoin Insurance Fund Worth $76 Million Those were the results of calculations from social media commentators this week as it emerged BitMEX’s Insurance Fund now contains 21,350 BTC ($75.9 million). The “monstrously large” fund, as Twitter account loomd’rat described it in December, has accelerated its accumulation in recent months as the Bitcoin priceRead MoreThe post BitMex Insurance Fund Can Finance 51% Attack on Bitcoin Cash For a Year appeared first on Bitcoinist.com.
