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A Deep Dive into the DeFi Insurance Market! Decentralized Finance (DeFi) has revolutionized the financial landscape, bringing forth a new era of transparency, efficiency, and accessibility. One of the emerging sectors within DeFi is the insurance market. This article explores the intricacies of DeFi insurance, its benefits, challenges, and the future it holds. What is DeFi Insurance? DeFi insurance operates on blockchain technology, offering decentralized and automated insurance solutions. Unlike traditional insurance, DeFi insurance leverages smart contracts to execute and manage policies without intermediaries. This eliminates the need for a central authority, providing a more transparent and efficient insurance process. Benefits of DeFi Insurance Transparency : All transactions and policy details are recorded on the blockchain, ensuring complete transparency and reducing the risk of fraud. Accessibility : DeFi insurance platforms are accessible to anyone with an internet connection,...

ARK Invest and 21Shares amended spot Bitcoin ETF filing seemingly addresses earlier concerns highlighted by the SEC, which is a good sign of progress, according to Bloomberg's ETF analysts. A recent amendment to ARK Invest and 21Shares’ joint spot Bitcoin (BTC) exchange-traded fund (ETF) application could be seen as a “good sign” of progress and impending approval s. An amended Oct. 11 filing to the Securities and Exchange Commission for approval adds additional information about the proposed spot Bitcoin ETF, including practices for how the fund will custody assets and determine asset values. Bloomberg senior ETF analyst Eric Balchunas said the changes could be in direct response to concerns the SEC has asked ETF issuers to address. “It means ARK got the SEC's comments and has dealt with them all, and now put [the] ball back in [the] SEC's court,” Balchunas said. “[In my opinion] good sign, solid progress.” There's 5 extra pages in new S-1 but the new stuff is spri...