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BitMEX uses an Insurance Fund to avoid Auto-Deleveraging in traders' positions. The fund is used to aggress unfilled liquidation orders before they are taken over by the auto-deleveraging system.
The fund INCREASED on a day that the system and liquidation engine failed.
— The Wolf Of All Streets (@scottmelker) March 14, 2020
We have identified the root cause of two DDoS attacks at 02:16 UTC and 12:56 UTC, 13 March 2020. For a full account of what happened and how we are responding, please refer to our blog: https://t.co/RS7YtX1xOD
— BitMEX (@BitMEXdotcom) March 17, 2020