The meltdown at derivatives giant BitMEX, during which Bitcoin (BTC) fell to $3,600, has seen the company payout compensation worth a modest $200,000. In a blog post about the event, which occurred on March 13, BitMEX blamed “two DDoS attacks” for crashing its platform. Ethereum traders see 40 BTC refunded Coming at a time of intense volatility across Bitcoin markets, a botnet managed to consume hardware resources, ultimately causing BitMEX to fail altogether and go offline for around half an hour. As a result, many users claimed that they had lost funds via liquidations that should not have occurred. BTC/USD, ... (full story)