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

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4 years ago

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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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Galaxy cuts CLARITY Act odds to 50% as Senate floor time narrows

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2 hours ago

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June 29, 2026

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Galaxy cut its 2026 CLARITY Act odds to 50%, warning that Senate floor time is running out before the August recess.

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Excessive AI spending risks global financial consequences, BIS warns

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4 hours ago

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June 29, 2026

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The AI investment surge is a potential flashpoint for systemic risk, “as financing has relied on enormous debt and highly leveraged nonbank structures that can rapidly unwind,” one analyst said in response to the report.

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Dubai crypto market hits 50 licensed firms after new VARA approval

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6 hours ago

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June 29, 2026

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Dubai’s VARA has licensed its 50th crypto firm, though only 39 VASPs were fully operational at the end of 2025 as the emirate’s regulated market continues to expand.

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