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Crypto Insurance company BDIC (Blockchain Deposit Insurance Corporation/BDIC HK LTD) Exposes Fraudulent DCB-Bank Offering Fake Crypto Accounts, False BDIC Insurance Coverage & Forged Insurance Policy Certificates

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Crypto insurer Blockchain Deposit Insurance Corporation (BDIC), a global provider of blockchain-based deposit insurance, has exposed an alleged fraud scheme involving DCB Bank, which misled customers by falsely claiming their accounts were protected under BDIC insurance, despite having no partnership or affiliation with the crypto insurer and further using the logo and brand of DCB Bank in the effort.

According to BDIC Founder and CEO Jeffrey Glusman, DCB Bank falsely advertised being a crypto bank providing deposit-insurance coverage ranging from $125,000 to $250,000 for Bitcoin (₿TC), Ethereum (ETH), and USDT via a BDIC Policy, collected premiums for nonexistent policies, and issued forged policy coverage certificates bearing a falsified version of his personal electronic signature. The elaborate scam goes as far as telling the victim being contacted by the insurance “adjuster” to submit the info and a claim number for the account hack to a third-party insurance adjuster.

name removed Crypto Insurance company BDIC (Blockchain Deposit Insurance Corporation/BDIC HK LTD) Exposes Fraudulent DCB-Bank Offering Fake Crypto Accounts, False BDIC Insurance Coverage & Forged Insurance Policy Certificates

The deception surfaced after a customer, whose account had been compromised, contacted the BDIC Founder/CEO directly, looking for a payout on their insurance. The reason they went with this account in the first place, as explained to Glusman over email, text and conversation,, was that they had been contacted by bank and adjuster representatives (both bad actors), who, through email communication, said that the loss was covered under BDIC insurance. Therefore, to submit the claim to the “adjuster” who would confirm the hack and coverage status in concert with the DCB Bank account. When the victim did just that, they got the confirmation they had been hacked (DCB Fraud Bank being the hacker) and then the adjuster demanded payment of a deductible fee before the BDIC “policy” would activate releasing funds into the DCB Bank account. This is a practice BDIC confirmed does not exist in its legitimate procedures, and one that adds insult to injury for the victim.

Further investigation revealed additional evidence of the phishing activity coordinated with the third-party company, Monarch Limited of the Cayman Islands, and misrepresentations of FATCA, GDPR, and Basel III compliance on DCB’s website and client correspondence.

“This type of fraud undermines the trust that the digital currency ecosystem depends on,” said Glusman. “Consumers deserve verifiable protection, not false promises. As we announce our affiliate wallet and crypto-exchange partnerships during our rollout in Q4, the integration and cross pollination will provide for fluid onboarding and communication with their users leaving no doubt of their coverage using multi levels of authentication, OTP and other methods, to protect their assets”

Glusman continued “In the meanwhile, rest assured we will cooperate on all levels with authorities so those responsible are held accountable.”

Reinforcing Integrity and Consumer Protection

BDIC has engaged multiple international lawyers in response to this fraud, as well as authorities in countries where they are currently operating.  Additionally, other global resources in crime prevention, including the FBI, as is standard operating procedure, to pursue civil and criminal actions against the fraudsters. Glusman has communicated with the CEO of DCB BANK, Praveen Kutty, as well so their team can protect clients and update authorities of the corporate identify theft in the regions they operate so more victims are not defrauded of their deposits and add on premiums for accounts and policies that do not exist.

While the incident highlights vulnerabilities in the market, BDIC emphasizes it is also a pivotal moment to strengthen standards and rebuild trust across the digital-asset ecosystem.

Adriano Raimondi, Chief Risk & Compliance Officer of BDIC, stated:

“While the effects of fraud can be disruptive, our commitment to industry-leading compliance not only safeguards our business but also contributes to raising standards for the crypto and financial community at large. Compliance is not a checkbox for us at BDIC – it’s a core value. We are always committed to continuous improvement, working closely with authorities, regulators, and our partners to ensure that our controls not only meet, but exceed, industry standards.”

Paving the Way for a Safer Crypto Economy

The revelations come as BDIC prepares for one of the most anticipated token offerings in the industry, designed to expand blockchain-verified deposit-insurance coverage across centralized and decentralized platforms worldwide.

The initiative is part of BDIC’s mission to normalize cryptocurrency for everyday use by making it as safe, insurable, and trusted as traditional finance and taking it to the next level of integrity through education and operating procedures that embrace the adoption experience.

“Every great innovation matures when it embraces integrity and trust,” Glusman added. “We invite partners, regulators, and innovators to join us in building a financial ecosystem where protection and transparency are the norm — not the exception – and embrace the UNITY message we called for since the ByBit hack…we appreciate the recent comments from Justin Sun of Tron and HTX in this regard sincerely as we look for other leaders to step to the forefront with him.”

Call to Action – Normalization

Wallet platforms and Crypto exchanges alike have the opportunity to engage BDIC for coverage that consumers have shown, fraud or not, they desire, as tens of millions of cryptocurrencies flowed into this elaborate scam based on this safety feature offered. This social proof, identifying the consumer focus being the peace of mind and for safe keeping of current positions, or the consideration to adopt digital currency use in daily life based on safety, further confirms that BDIC Insurance offered in Q4 will result in growth of adoption for platform providers of BDIC.

Allen Sautter, Chief Information Security Officer of BDIC, stated:

“Strong compliance controls are the foundation of trust – not just within our company, but across the industry as a whole. Events like this drive all organizations to reflect, refine, and share best practices for risk mitigation so that the entire market ecosystem becomes more resilient.”

Fraud Victims

BDIC urges anyone who believes they may have been misled by DCB Bank or similar entities to contact [email protected] or reach out to local law enforcement authorities.
The company continues to collaborate with regulators and investigators across multiple jurisdictions to protect consumers and reinforce industry accountability.

Article by Tyler K Kreiling of WealthNWisdom @TylerKreil14843 on X

About Blockchain Deposit Insurance Corporation

Blockchain Deposit Insurance Corporation (BDIC) is the first decentralized cryptocurrency deposit insurer, offering cutting-edge security solutions for digital asset holders. By leveraging blockchain-powered smart contracts and risk assessment algorithms, BDIC provides institutional-grade insurance to safeguard cryptocurrency investments worldwide, with offices currently in the Central District, Hong Kong (BDIC HK LTD) and opening locations in additional jurisdictions with Insurance and Foundation Headquarters, Latin America, and European offices upon insurance regulation approval in respective markets. The TGE remains planned for Q4 and subsequent rollout of the BDIC insurance coverage, as well as before year-end on wallets and exchange platforms.

Website: www.BDICinsurance.com  

Instagram: https://www.instagram.com/bdicinsurance/
Telegram: https://t.me/+chOE3jJPG40wMzkx
Twitter/X: https://x.com/bdicinsurance

Linkedin: https://www.linkedin.com/company/blockchain-deposit-insurance-corporation 

Contact Info:

[email protected]
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Microsoft-Backed Biokript Pro Secures 100K Dollars from Google Cloud to Launch the First Solana DEX with Stop-Loss and Rug-Pull Protection

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In a DeFi landscape crowded with copycat exchanges and fleeting hype, Biokript Pro is emerging as one of the most technologically advanced and credible projects to ever launch on Solana. As the first decentralized exchange on Solana to integrate on-chain stop-loss functionality and patented rug-pull protection, Biokript Pro is setting a new standard for trader safety and transparency in an industry still battling trust issues.

copy of biokript giveaway 300 x 200 px 1 Microsoft-Backed Biokript Pro Secures 100K Dollars from Google Cloud to Launch the First Solana DEX with Stop-Loss and Rug-Pull Protection

A Game-Changing Milestone for Solana Traders

For years, Solana has been home to some of the fastest and most liquid DEXs in crypto, including GMGN, Axiom, and Trojan. Yet despite impressive speed and user adoption, none have successfully addressed one of the biggest pain points in decentralized trading: the lack of built-in safeguards against rug pulls and flash crashes.

Biokript Pro changes that equation. The platform’s patented hybrid architecture introduces an intelligent on-chain stop-loss system that automatically protects users from catastrophic losses caused by liquidity drains or malicious smart contracts. This system ensures that every trader can set a safety threshold directly on-chain, offering peace of mind that has never before existed on Solana.

According to Biokript Pro’s CEO, the innovation comes from a clear mission: to give traders true peace of mind in decentralized markets. With Biokript Pro, Solana traders can finally trade confidently, knowing their assets are protected by on-chain safeguards. They no longer have to worry about waking up to a 95 percent loss from a rug pull; the platform’s built-in stop-loss and anti-rug mechanisms are designed to keep their investments secure around the clock.

article img sharpened Microsoft-Backed Biokript Pro Secures 100K Dollars from Google Cloud to Launch the First Solana DEX with Stop-Loss and Rug-Pull Protection

Backed by Microsoft and Google Cloud

Biokript Pro isn’t just technologically innovative; it’s also backed by global tech giants. The project was accepted into the Microsoft for Startups Founders Hub, a highly selective program that supports promising tech ventures building high-impact solutions. This partnership provides Biokript Pro with enterprise-grade infrastructure, technical mentorship, and cloud scalability through Microsoft Azure.

More recently, the project secured $100,000 in Google Cloud funding and technical support, a milestone few blockchain startups can claim. The dual recognition from Microsoft and Google places Biokript Pro in a rare category of crypto projects that have earned tangible backing from the world’s most trusted technology companies, not through paid sponsorships, but through verified, merit-based selection.

A Hybrid DEX Built for Performance and Fairness

At its core, Biokript Pro operates as a hybrid decentralized exchange, combining the transparency of on-chain order execution with the speed and stability of a high-performance off-chain matching engine. This design enables lightning-fast transactions, zero front-running, and deep liquidity aggregation across Solana’s trading ecosystem.

One of the most notable innovations is Biokript Pro’s protection against MEV (Miner Extractable Value) and front-running attacks. Through a privacy-preserving transaction layer and delayed order reveal mechanism, the exchange ensures that trading data cannot be exploited by bots or validators before execution, a major advancement for fairness in decentralized markets.

Profit Sharing: Turning Holders into Business Partners

Beyond security, Biokript Pro’s profit-sharing model gives BIOK token holders a direct stake in the platform’s success. Fifty percent of all trading fees are automatically distributed to token holders, aligning incentives between traders, investors, and the platform itself.

This is not a temporary “real yield” gimmick… it’s a tokenized profit-sharing system built into the project’s core architecture, transforming holders into long-term partners in Biokript Pro’s growth.

A Live, Functional Platform, Not Just a Whitepaper Dream

Unlike many presale projects still in development, Biokript Pro’s trading platform is already fully functional and live, generating real trading volume and revenue ahead of its public launch. The team has completed full deployment on the Solana blockchain, while its proprietary sniper bots and liquidity systems are already operating on test networks and partner DEX integrations.

The project’s 45-day post-launch roadmap includes onboarding 10,000 professional traders, listings on CoinMarketCap, CoinGecko, and Tier-2 CEXs, and aggressive marketing campaigns targeting a $100 million market cap milestone.

whales buying Microsoft-Backed Biokript Pro Secures 100K Dollars from Google Cloud to Launch the First Solana DEX with Stop-Loss and Rug-Pull Protection

The Future of Ethical, High-Speed Trading

Biokript Pro represents a clear evolution in decentralized finance, one that blends advanced technology, real-world security, and ethical trading principles. In an era where rug pulls and exploitations have eroded trust, Biokript Pro’s combination of patented protection systems, verified corporate backing, and sustainable tokenomics could redefine how traders view safety and transparency in DeFi.

As the presale reaches its final phase, Biokript Pro’s momentum continues to build across the Solana ecosystem and beyond. Unlike other high-profile projects such as BlockDAG, which have run seemingly endless presales, Biokript Pro is firmly concluding its presale on November 17, staying true to its roadmap and commitment to transparency. With Microsoft and Google Cloud backing its foundation and a U.S. patent securing its innovation, Biokript Pro stands apart as more than just another DEX: it is a next-generation trading ecosystem designed to make decentralized finance safer, faster, and more reliable for every trader.

Adnan Alisic
CEO
BIOKRIPT
https://biokript.com
https://twitter.com/biokript

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CreditBlockchain provides cloud mining services for BTC, XRP, SOL, and DOGE to investors worldwide

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CreditBlockchain Founded in 2013, providing Free cloud services It supports BTC, XRP, and SOL. The platform emphasizes convenience and low risk, making it highly attractive to both novice and experienced cryptocurrency holders.

dgsg CreditBlockchain provides cloud mining services for BTC, XRP, SOL, and DOGE to investors worldwide

Why do users choose CreditBlockchain?

Credit blockchain offers a way to earn income without requiring hardware or technical knowledge. It eliminates the need for cumbersome transactions or long-term holding. Key features include:

  • It supports settlement using BTC, ETH, XRP and many other cryptocurrencies.
  • Fully automated mining operation, requiring no configuration
  • Daily earnings can be settled and withdrawn immediately.
  • Artificial intelligence-based power dispatching and renewable energy extraction operations
  • Multi-level contract options for all user levels

 

Free cloud mining makes it easy for users to get started.

In CreditBlockchain Upon registration, new users receive a $15 welcome bonus and immediately begin automatically mining BTC or DOGE. All earnings are withdrawable and settled in BTC, DOGE, or XRP. This truly achieves zero investment and instant profits.

How to get started

  1. Register with CreditBlockchainYou can get a free cloud contract worth $15.
  2. Choose a contract based on your preferred currency (BTC, DOG, or XRP).
  3. Activate mining function with one click; the system will handle the rest of the operation automatically.
  4. You can withdraw or reinvest your earnings at any time.

 

Sample contract plan

screenshot 2025 11 11 090547 CreditBlockchain provides cloud mining services for BTC, XRP, SOL, and DOGE to investors worldwide

Credit blockchains offer a wider range of contract options, allowing for flexible filtering by currency and term.

Referral Program: Earn up to 6% commission through the referral program. Users can use their personal links to invite others and earn rewards from contracts purchased by those they refer, creating additional passive income.

About CreditBlockchain:

Founded in 2013, CreditBlockchain is a leading global cloud mining service provider with over 11 million users in 176 countries. It offers secure and convenient cryptocurrency yield services through automated settlement, green energy practices, and multi-currency support.

Don’t just focus on the market—make credit blockchain your stable source of income.

On the road to financial freedom, stable passive income is more important than short-term price fluctuations.CreditBlockchainThis allows you to easily start automated mining, and your daily earnings will be directly deposited into your account.

If you’ve ever considered turning your idle smartphone into an extra source of income, now is the perfect time—digital wealth is growing rapidly, and this is your opportunity to seize it.

For more details, please visit CreditBlockchain Official website or download Mobile applications.

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Pioneering AI-Driven Cybersecurity: The Visionary Journey of Venkata Sai Abhishek Anala

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In an increasingly connected world where data flows power economies and digital trust underpins innovation, Venkata Sai Abhishek Anala stands at the forefront of a new generation of cybersecurity leaders. As a Cybersecurity Analyst at VISA Inc., he has combined deep technical expertise with artificial intelligence and predictive analytics to design scalable, resilient, and intelligent defense frameworks that safeguard critical infrastructure.

sfsv Pioneering AI-Driven Cybersecurity: The Visionary Journey of Venkata Sai Abhishek Anala

Empowering Global Security Through Innovation

At VISA, Abhishek’s leadership within Global Security Operations has been transformative. He played a pivotal role in deploying the company’s Secure Access Service Edge (SASE) framework—integrating GlobalProtect and Zscaler technologies—to enhance secure global access with zero operational disruption.

He also spearheaded the onboarding of Microsoft Defender for endpoint protection, improving real-time detection and response capabilities across thousands of enterprise systems. In parallel, his work on Identity Threat Detection and Response (ITDR) dashboards has given VISA leadership unprecedented visibility into security posture and actionable intelligence.

Beyond execution, Abhishek has earned distinction for mentoring emerging analysts and fostering collaboration across engineering and vendor teams—ensuring not only technical robustness but also organizational resilience.

Research and the Frontier of Predictive Cybersecurity

While his industry work has had immediate operational impact, Abhishek’s research contributions are shaping the future of AI-enabled cybersecurity worldwide. His recent publication, “Designing Autonomous Systems for Predictive Cyber Threat Detection” in FMDB Transactions on Sustainable Intelligent Networks, proposes a self-learning architecture that anticipates threat vectors using real-time anomaly modeling—a step toward autonomous, proactive defense systems.

Abhishek’s academic recognition continues to rise. His paper “Graph Neural Network-Based Routing Optimization in Large-Scale IoT Deployments” has been accepted for presentation at the prestigious IEEE ICAICCIT 2025 Conference in India, scheduled for publication in December 2025. This work leverages graph neural networks to improve routing efficiency and resilience across massive IoT ecosystems—a crucial step in securing the next generation of connected devices.

Recognitions of Excellence

Abhishek’s groundbreaking efforts have not gone unnoticed. In 2025, he was honored with the Global Research Trailblazer – Best Researcher Award at the Elevatex Awards, recognizing his pioneering role in uniting artificial intelligence, network science, and cybersecurity. Previously, the Eudoxia Research University named him its Best Contributory Engineer 2025, acknowledging his applied innovations that continue to influence security frameworks across academia and industry.

These recognitions underscore the influence of his work not only within corporate infrastructure but across the broader scientific community.

A Vision for the Future

From optimizing global enterprise networks to advancing AI-based detection research, Venkata Sai Abhishek Anala exemplifies the synergy between technical mastery and visionary thinking. His achievements have set new standards for how intelligent automation, machine learning, and collaborative security engineering can safeguard a digital world in constant flux.

As he continues to expand the boundaries of cybersecurity innovation, Abhishek remains committed to a singular goal—building secure, self-adaptive, and intelligent systems that empower the world’s digital transformation.

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