In the US, government-supported organizations protect most traditional finance users by providing a sort of insurance on their deposits. Among other things, these organizations protect funds in registered Institutions from being lost through insolvency or due to bank failures. Would a similar organization work in DeFi? What are the FDIC and SIPC? The FDIC The The post The Viability of FDIC and SIPC in DeFi appeared first on The Daily Hodl .
$285 Million in Bitcoin Shorts Wiped Out
