Crypto News

Insurance Is the Silent DeFi Guardian

There is a long history of insurers helping to reduce industrial risks, from cars to buildings. They can play a similar role now in DeFi, where a lack of regulation stifles growth, says Q Rasi, co-founder of Lindy Labs.Source link

OKX Announces Position Tier Adjustments for BTCUSDT and BTCUSD Expiry Futures

OKX will adjust position tiers for BTCUSDT and BTCUSD expiry futures to improve market liquidity and mitigate risks, effective July 8, 2024. (Read More)Source link

Bittensor Blockchain Placed in ‘Safe Mode’ Following Multi-Million Dollar Wallet Drains

According to reports, the Bittensor (TAO) blockchain was paused due to the depletion of funds from several wallets. The final block was processed 14 hours ago, and the network is now in safe mode, as stated by the Opentensor Foundation. TAO Network Paused for 14 Hours Due to Massive Wallet Thefts At 9:47 p.m. EDTSource link

Indian Crypto Exchange Coindcx Going Global With Bitoasis Acquisition

Indian crypto exchange Coindcx is expanding globally by acquiring the Middle Eastern digital asset platform Bitoasis. This strategic move enhances Coindcx’s presence in the Middle East and North Africa (MENA) region while allowing Bitoasis to retain its branding and leadership, signaling a new phase of growth and maturity for both companies. Big Milestone: 2 MarketSource link

Ethereum Builder Consensys Buys Wallet Guard to Strengthen MetaMask Security

The entire Wallet Guard team will join Consensys within the MetaMask Product Safety Team.Source link