Author: e_cash_top

[ad_1] DeFi insurance platform InsurAce is launching a new crypto deposit insurance program titled ‘Crypto Deposit Insurance Scheme’ (CDIS.) The product is hitting the market partly in response to the issues that have plagued CeFi throughout 2022. The collapse of Celsius, Voyager, BlockFi, and now FTX has led to consumer confidence in crypto being rocked.…

[ad_1] Blockdaemon is a blockchain infrastructure company established to empower crypto businesses to help them quickly deploy and iterate innovative solutions on blockchain. Glenn Woo, Head of Sales for the Asia Pacific region, joined CryptoSlate to talk about how the blockchain structure is evolving toward mass adoption. Blockdaemon is currently supporting over 60 blockchain protocols.…

[ad_1] Litecoin bucked the market downtrend, posting 19% gains over the past week to lead the top 100. Price performance over the last 24 hours has seen LTC record 13.7% gains to $70.10 from $61.53 at the time of press. The majority of today’s gains resulted from a 9.6% upside swing on the 13:00 (UTC)…

[ad_1] Following rumors of potential contagion from FTX, Digital Currency Group (DCG) CEO Barry Silbert sent shareholders a memo on Nov. 22 addressing the situation surrounding Genesis’ liquidity. A potential billion-dollar hole in the Genesis balance sheet has drawn speculation as to the future of the crypto brokerage. Moreover, Genesis is a subsidiary of DCG,…

[ad_1] Bankrupt crypto exchange FTX, alongside senior executives at the firm and parents of Sam Bankman-Fried, bought at least 19 properties worth $121 million in the Bahamas within the last two years, Reuters reported Nov. 22. According to the report, FTX purchased seven condominiums in a resort community called Albany for $72 million -one of…

[ad_1] Tron (TRX)founder Justin Sun revealed interest in buying FTX assets to journalists in Singapore, The Wall Street Journal reported on Nov. 22. The popular crypto founder told the Journal that his associates were currently evaluating the process of buying some assets of the bankrupt crypto exchange. Sun reportedly said: “We are open to any kind…