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Verida and Nimble Join Forces to Create Decentralized Insurance Protocol


Verida has announced its partnership with Nimble to enhance Nimble’s decentralized insurance platform and protocol by leveraging Algorand networks. Nimble is most likely to create its democratized or decentralized insurance solution with Verida’s help. The collaboration will offer digital identity...

Verida and Nimble Partnering for Implementation of Insurance Protocol


Verida announces its collaboration with Nimble that will help in improving the insurance protocol of Nimble, which is completely decentralized, along with the platform, which is built on the Algorand Blockchain. Using Algorand Blockchain, Nimble is working on democratized and decentralized...

Crypto in 2022 Will Bring New and Older Emergent Trends to the Fore


__  ___ Crypto is an emergent phenomenon. Put simply, this means it has properties that we can’t extrapolate from the properties of its parts, or to put it even more simply, no one knows exactly what crypto will do in the future.... Read More: Crypto in 2022 Will Bring New and Older Emergent...

Insurance Company Lemonade Bets On Bitcoin To Diversify Assets


  In another example of a business that seeks to diversify its portfolio with crypto assets, US insurance company Lemonade has purchased bitcoin (BTC) for its balance sheet, as indicated by a recent regulatory filing. During the first nine months of this year, the firm acquired a total of USD...

Tidal Finance Introduces Insurance Fund for Covering $1 Million Worth TVL


With an effort to create a safety net in the finance eco-system, Tidal Finance announces its new partnership. Tidal Finance offers a weekly coverage subscription plan to safeguard the OpenSwap that covers the smart contract risk. To ensure the safety of its protocol, OpenSwap is investing over...

Hong Kong Company Onedegree to Offer Insurance for Cryptocurrencies


Onedegree, a virtual insurer based in Hong Kong, will provide insurance services for digital assets as part of a partnership with a local cryptocurrency exchange. By working together, the two firms hope to alleviate concerns discouraging potential investors from entering the crypto market....

Crypto.com to Increase Its Insurance Coverage


Crypto.com finally announced the expansion of the total coverage of insurance to $750m after increasing the insurance policy coverage under Arch Underwriting at Lloyd’s Syndicate of 2012. The renewed insurance policy of Crypto.com will make the platform the biggest and most popular insurance policy...

Chinese Banks Looking to Use Digital Yuan in Funds and Insurance Sector


Some of China’s biggest commercial banks are looking to pilot digital yuan use cases for funds and insurance-related products – in a major move away from the core functions of the pilot thus far. Since the central People’s Bank of China (PBoC) began its pilots, initiatives have focused on...

Martin Luther King, Jr.’s Daughter Distances Herself From Fortnite Event


To the surprise of many, Epic Games added a new mode to Fortnite last week celebrating the legacy of the March on Washington for Jobs and Freedom and the man who led it, Martin Luther King, Jr. But Bernice King, the civil rights icon’s daughter, has since distanced herself from the event. It...

Insurance on Crypto Exchanges Inches Up, KYC Still Weak - Report


Cryptocurrency exchanges are showing an increase in their tendency to insure clients’ assets, both formally and in informal ways through insurance funds, a new report finds. On the other hand, know-your-customer (KYC) stringency is still weak on many exchanges, with around a third having poor...

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