Derysq Aims to Protect Against Fraud and Cybersecurity Risks in the Cryptoverse

Editorial Brief
At a glance: AI-assisted overview, optimised for journalists, search & news aggregators

Derysq is launching a platform aimed at providing secure and informed cryptocurrency investing for individuals, addressing the $1.6 billion lost to fraud and hacking in the crypto market. Founded by experts from Google and Grab, Derysq will offer stable interest on tokens and ensure user safety through thorough risk management and due diligence on investment options. The platform is currently accepting early sign-ups for those interested in early access and perks.

EDITORIAL INSIGHT: Context, industry insight and market perspectives of this news story

Retail interest in cryptocurrencies has often outpaced investor understanding of the risks involved, with high-profile losses and security breaches continuing to affect confidence in the sector. As new platforms emerge promising greater transparency and security, the focus on education and risk management has become increasingly prominent for both experienced and first-time investors.

For individuals considering digital assets, the introduction of services that prioritise due diligence and user protection may offer some reassurance, particularly in light of recent market volatility and ongoing concerns over fraud. With regulatory scrutiny and consumer expectations both rising, platforms that can demonstrate robust risk controls are likely to attract attention as the market matures.

Story Ideas
Industry trend

The Rise of Fraud Protection Platforms in Cryptocurrency: A Reaction to Market Volatility

As the cryptocurrency market faces significant price declines, platforms like Derysq are emerging to protect investors from fraud and cybersecurity threats. This trend highlights a shift towards prioritising security and informed decision-making in the cryptoverse.

Target audience
financial journalists and cryptocurrency industry analysts
Story potential
7/10
Human interest

Cambridge and BYU Graduates Tackle Crypto Fraud with New Platform

Vin and Ivy Noche, Cambridge and BYU graduates with backgrounds at Google and Grab, are launching Derysq, a platform designed to protect novice crypto investors from fraud. Their story highlights the intersection of academic achievement and tech industry experience in addressing real-world issues.

Target audience
profiles and features editors
Story potential
6/10
Press Release

Misconceptions and novice mistakes are frequent for those investing in this new form of highly volatile digital asset – cryptocurrencies. Unfortunately, over $1.6 billion in crypto has been lost due to fraud or hacking. Derysq aims to provide the everyday individual with a secure platform for simple and well-informed crypto investing. The platform will be launching globally soon and is currently accepting sign-ups. Those who sign-up early (derysq.finance) will benefit from early access and early bird perks.

Derysq was developed by a highly experienced development team with Cambridge University and BYU-educated founders. Co-founders Vin Noche and Ivy Noche hail from Google and Grab, respectively, with expertise in financial risk management, branding, and software development.

“Too often in the cryptoverse, chasing high yield and profit has been more significant in retail investors’ minds than potential losses from fraudulent or insecure platforms. This is why we built Derysq. We will bring more clarity to individuals on what they’re getting into when investing in a token or staking in a protocol centralized or decentralized,” said Vin Noche, CEO of Qinta.

In recent months, the economy has experienced a crypto market ‘steep asset price decline’ with cryptocurrencies’ dollar value dropping at least two-thirds from their all-time high. Many investors were driven by emotions and ended up losing their hard-earned savings by making uninformed actions with their crypto holdings.

Derysq will not only provide users with a platform to earn stable interest on their tokens. It will also advocate for users’ safety by performing due diligence on the basket of tokens and crypto lending markets that will be made available for users to invest in. Risk management will be at the core of Derysq’s operation, guarding the users against highly speculative crypto tokens and high-risk betting in crypto lending markets.

You are invited to sign-up and get early access once Derysq (derysq.finance) publicly launches. Join Derysq, and be better informed about crypto investing. *CAPITAL AT RISK. Cryptocurrencies are inherently highly volatile. Consult your financial adviser.

Get more news like this

Get more news like this on Google. Set News By Wire as a ‘Preferred News Source’ to get quicker access to news that’s important.

All done!
Thank you for subscribing.

Email Subscription