In accordance with Bijié Wǎng, Toobit has launched a $50 million 'Shield Fund' to automatically and freely protect users' assets in the event of unexpected platform incidents. The fund, fully funded by the company, covers assets during trading, staking, or holding, and ensures transparency through a real-time public dashboard. It is designed to address internal technical or security failures but does not cover losses from account theft, trading decisions, or market volatility. The initiative aims to mitigate the projected $2.17 billion in cryptocurrency hacking incidents expected by 2025.
Toobit Launches $50M Shield Fund to Protect User Assets
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