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InsurAce says it will pay millions to claimants after Terra’s collapse

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DeFi insurance protocol InsurAce took heat from the community for suddenly shortening its claims period for Terra-related insurance claims, but is already set to pay out $11 million to claimants.

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Coin Market

Crypto compliance ‘no longer optional’ under Australia’s new draft guidelines

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Sweeping proposed changes would force most crypto firms in Australia to obtain financial licensing, which some worry could drive innovators offshore.

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Coin Market

Crypto analyst says ‘flash crash likely’ as 24-hour liquidations hit $618M

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A crypto analyst said a “flash crash is likely” but viewed it as a buying opportunity, signaling optimism for the long term.

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Safe’s Safenet wants to bring Visa-like payments network to crypto

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Safenet aims to be a layer connecting existing blockchains and allow users to interact with any chain through a single account.

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