CoinDCX introduces protection fund to secure Indian crypto users
CoinDCX’s Crypto Investors Protection Fund will enhance user security by allocating 2% of brokerage income annually to safeguard assets.
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Huobi and Shiba Inu community to help BitMart overcome $200M hack
Over the weekend, hackers made away with nearly $200 million in 20 different tokens. 1161 Total views 15 Total shares Following a near $200 million hack on the BitMart exchange, the Shiba Inu (SHIB) community and crypto exchange Huobi Global aim to help the exchange strengthen security and track inflows of stolen assets.On Dec. 5,…

CoinFLEX announces staff cuts as part of measures to reduce costs by up to 60%
“The intention is to remain right-sized for any entity considering a potential acquisition of or partnership opportunity with CoinFLEX,” said the exchange. 116 Total views 4 Total shares Cryptocurrency exchange CoinFLEX said it had downsized a “significant number” of team members in an effort to cut operating costs.According to a Friday blog post, CoinFLEX said…

Web3 had a small, yet important, presence at Paris Fashion Week
Paris Fashion Week 2022 consisted of 64 shows and 42 presentations, many of which demonstrated the future of fashion. From the sprayed-on dress worn by supermodel Bella Hadid at the Coperni show to upcycled fresh looks consisting of recycled garments, Paris Fashion Week brilliantly highlighted trends for upcoming seasons. While the majority of Fashion Week attendees…

Texas alleges that BlockFi is offering unregistered securities
The state's financial regulator join its counterparts in New Jersey and Alabama in taking action against the crypto lending platform. 440 Total views 5 Total shares The Texas State Securities Board has filed for a cease and desist order against crypto lending firm BlockFi for not offering a security licensed at the state or federal…

Ripple-Backed Omni Rentals to Shut Down by Late 2019: Report
Omni Rentals, a $35 million-funded storage and rental startup backed by major crypto firm Ripple, is reportedly shutting down its operations. As Omni is expecting to close its platform by the end of 2019, about 10 of Omni’s engineers will be hired by major American crypto exchange and wallet service Coinbase, tech-focused publication TechCrunch reports…

The secret to successful branding in Web3: The science of choosing
Human nature means it’s not easy to make decisions. Choosing one option often means forsaking others and can require careful analysis and thought, which takes energy. It’s why the term “decision fatigue” was coined, referring to our inability to continue making good decisions over a sustained period. However, in crypto marketing, the inability to choose…

Maker DeFi lending protocol rebrands to Sky ahead of USDS stablecoin launch
Maker is also rebranding the world’s largest decentralized stablecoin ahead of the launch of its governance token, SKY.

ASI Alliance calls for decentralized cloud infrastructure in AI development
The ASI Alliance urges decentralization in cloud services to mitigate vulnerabilities in AI development, ensuring both security and innovation.