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.
(By Liam 'Akiba' Wright)
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