InsurAce pays $12 million in insurance compensation to investors damaged by UST unanchoring

[InsurAce pays US$12 million in insurance compensation to investors damaged by UST de-anchor] On August 1, 155 investors purchased insurance policies from InsurAce before UST de-anchor, and InsurAce finally paid customers US$12 million , 98% of claims were approved. (Cointelegraph)

Other news:

The decentralized insurance project INS3 completed the cross-chain upgrade of the token ITFX: According to official news, the decentralized insurance project INS3 completed the cross-chain upgrade of the token IFTX and released a new UI at the same time. The new version was officially launched at 17:00. Users can convert ITF to ITFX 1:1, and ITFX can perform cross-chain conversion on the five chains of Conflux, BSC, Heco, OEC, and Polygon.

INS3 is a decentralized insurance project with no audit, no manual intervention, and automatic compensation, providing customers with safe, credible, efficient and convenient decentralized insurance services. [2021/10/14 20:29:07]

300,000 DVG tokens were stolen from DAO ventures due to a ChainSwap contract loophole: According to official news, 300,000 DVG tokens were stolen from DAO ventures, a DeFi asset management platform, due to a loophole in the ChainSwap contract of the cross-chain asset bridge. DAOventures said it had taken a snapshot of DVG holders and LPs before the attack, and said it would compensate affected token holders. The DAOventures team stated that users' assets in DAOventures are safe. Before the compensation plan is announced, DAOventures reminds users not to buy DVG for trading and pay attention to the latest developments of the team. [2021/7/11 0:43:12]

News | Coinstar and Coinme have partnered to bring cryptocurrency purchases to supermarkets: According to bitcoinexchangeguide, Coinstar and crypto ATM company Coinme have teamed up to bring cryptocurrency purchases to local supermarkets. Residents can buy bitcoin from a number of Coinstar kiosks at Safeway and Albertsons stores in California, Texas and Washington state. It is reported that Coinstar is a company that builds self-service kiosks so that people can exchange change for gift cards. [2019/1/18]