Xiden Developer CryptoDATA Announces New Project to Defend the Crypto Space From Asset Losses DiscoverPrivacy Xiden CryptoDATA
press release, the Xiden blockchain developer and MotoGP Austrian Grand Prix’s title sponsor until 2024, is joining a new project that provides highly sought-after safeguards for crypto users.
The project will be launched in September and will offer revolutionary products and services that will guarantee its users protection against crypto losses due to hacks, scams, and bad management. “Risks are ever-present in the crypto space, and this year has not been spared from catastrophic events. The market crash caused by LUNA resulted in a domino effect in which Three Arrows Capital, Celsius, and many others went bankrupt. This, combined with other actions undertaken by important actors, such as Elon Musk selling 75% of Tesla’s Bitcoin, are prime examples of how vulnerable crypto is,” says CryptoDATA Tech CEO Ovidiu Toma.
Xiden’s eco-friendly Smart Distributed Resources layer gives users the opportunity to get rewards in XDEN, Xiden’s native token, based on their mining power by providing a decentralized architecture network to which they can connect all their smart devices.Edain, the first project developed on the Xiden blockchain, is an AI-powered knowledge-creation ecosystem,designed to “make knowledge accessible to everyone; a ‘flat’ human knowledge-sphere, essentially.
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