Security Committee Member Reveal: Dan Thomson, CMO at InsurAce

Lossless
3 min readApr 4, 2022

Core Protocol will be launching on 14th of April and we have 4 more member reveals to go! A nine-person structure — the Security Committee — is almost unveiled to you in full.

We know how excited you are to know the remaining members and our team is more than happy to uncover the undercover people. We’re excited to announce that the 6th member to join the Security Committee and offer their know-how in hack solving is Dan Thomson who is the CMO of InsurAce.

Dan has extensive knowledge on DeFi and its safety challenge which he accumulated through his experience working in funds, consulting and InsurAce itself. InsurAce is a decentralized insurance protocol providing reliable and secure DeFi insurance services with the goal to empower the risk protection infrastructure for the DeFi community. It is one of the angles the Security Committee must have knowledge of and be able to cover.

The Security Committee, as you know, is a 9 member integral structure, comprised of blockchain industry professionals and key figures that will provide trusted and unbiased decision-making when investigating reported hacks.

Lossless CEO, Vygandas Masilionis emphasized: “One by one you can see the competences of these industry pros that we have onboarded onto the Security Committee. It becomes evident that we’re aiming to cover as much DeFi security ground as possible to ensure efficient hack report investigations. We’re thrilled to have Dan join us and be able to tap into his extensive experience in the industry.

3 more committee members to go. Stay tuned.

About InsurAce.io

InsurAce.io is a decentralized multi-chain insurance protocol, to empower the risk protection infrastructure for the DeFi community. InsurAce.io offers portfolio-based insurance products with optimized pricing models to substantially lower the cost; launches insurance investment functions with flexible underwriting mining programs to create sustainable returns for the participants; and provides coverage for cross-chain DeFi projects to benefit the whole ecosystem.

InsurAce.io is backed by DeFiance Capital, Parafi Capital, Alameda Research, Hashkey group, Huobi DeFiLabs, Hashed, IOSG, Signum Capital, LongHash Ventures and a dozen of other top funds.

Join our community: https://linktr.ee/insurace

About Lossless

Lossless is the world’s first DeFi hack mitigation tool for token creators. Apart from Lossless’ known cyber security solutions and renowned professionals, the community also plays a role. With a tangible reward system, community members are also encouraged to explore new ways to detect hacks and fraudulent transactions.

Lossless protocol halts counterfeit transactions through various methods of fraud identification and automatically reverses any stolen tokens back to the original owner. Its solutions to the impending problems of cyber theft within the blockchain space are thorough and applicable within many protocols.

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Lossless

World’s first unrivalled exploit identification and mitigation tools, designed to foolproof web3 from malicious activity.