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Sectors Realizing the Full Potential of DeFi Protocols In 2020
23.2.2020
DeFi, a monetary system built on blockchain, is booming right now. With over $1 billion locked in DeFi applications, here are some sectors that are poised for success in 2020
DeFi Insurance Firm Nexus Mutual Makes Its First Payout Following bZx Attacks
20.2.2020
Nexus Mutual members voted to pay out two claims following the bZx flash loan attacks – a first for the DeFi insurance pioneer
DEX Volume Soars But Bzx Exploit Raises Questions About ‘Decentralization Theatre’
18.2.2020
As the decentralized finance juggernaut rolls inexorably forward, the exploitation of defi project Bzx – in which $350K, or around 2% of total assets was taken – has called the decentralization of the industry into doubt. The attack forced an admin key reset to redeem lost funds...
Options Protocol Brings ‘Insurance’ to DeFi Deposits on Compound
12.2.2020
A company called Opyn is bringing trustless insurance to the Compound DeFi protocol
Chinese Insurers Tap Blockchain to Speed up Coronavirus Payouts
11.2.2020
Blockchain tech is reported to be speeding up insurance claims processing amid the coronavirus outbreak
Chinese Insurance Firms Use Blockchain to Process Coronavirus Claims
9.2.2020
Insurance claim processing firms in China use blockchain to reduce paperwork and accelerate procedures
Blockchain Payments Platform Paystand Raises $20M in Series B Round
7.2.2020
Paystand raises $20M to boost its enterprise hybrid blockchain product
Bittrex Takes Out Record $300M Insurance on Crypto Held in Cold Storage
30.1.2020
The insurance was underwritten by Arch Syndicate 2012, which provides specialized insurance for corporations
Bittrex Secures $300 Million Insurance for Cryptocurrencies in Cold Storage
30.1.2020
Bittrex has acquired $300 million in insurance through Lloyd’s of London for digital assets that it holds in cold storage
Keeping Your Assets Safe — Crypto Insurance May Soon Become the Norm
24.1.2020
Experts weigh in on the future of the crypto industry: “The crypto community needs a reliable insurance mechanism”
Gemini Launches Captive Insurance Company + More News
16.1.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Gemini Trust Company, a cryptocurrency exchange and custodian, said it launched Nakamoto, Ltd., a captive insurance...
Gemini Launches Firm to Insure Its Own Crypto Custody Branch for $200M
16.1.2020
Gemini Exchange has launched Nakamoto Ltd., a captive insurance firm that will provide $200 million in coverage for Gemini’s custody arm
Winklevoss-Led Gemini Exchange Now Has Its Own Insurance Company
16.1.2020
Gemini, led by the Winklevoss twins, has set up its own insurance captive to cover loss of crypto in cold storage – with a possibly record-breaking $200M limit
This Blue Chip Crypto Insurance Consortium Lacks One Thing – a Sizable Loss
13.1.2020
In a rare interview, insurance company Arch talks about its $150M crypto storage policy
BitMEX Ends Year With Additional 13K BTC in Its Insurance Fund, Up 61%
31.12.2019
BitMEX Insurance Fund now holds nearly 0.2% of all BTC in circulation, but what’s it for?
Insurance Industry Eyes Blockchain as Top Firms Begin Tests
25.12.2019
Insuring giant Anthem looks to blockchain to secure their customer data
Infosys Launches Distributed Apps for Government Services, Supply Chain Management, and Insurance Services
19.12.2019
Infosys has launched industry-specific blockchain-powered applications for insurance services, supply chain, and government services. All these comprehensive applications are designed to meet the specific needs of these sectors, which will be readily deployed for inter-operability across their...
Controversial Australian Ex-Minister Enters Blockchain Insurance Space
18.12.2019
Australia’s former Minister for Broadband, Communications and the Digital Economy has joined as advisory board chair for blockchain insurance firm Day By Day
Blockchain and Insurance: An Inseparable Duo That Has the Potential to Revolutionize the World
15.12.2019
The application of blockchain across the various sectors of the industries is much-talked matter since the inception of blockchain; insurance also falls well within the periphery of such a discussion. Though some critics argue the fact that blockchain only makes a marginal difference and...
US Health Insurance Giant Piloting Blockchain to Secure Medical Data
13.12.2019
Second-largest U.S. health insurance company plans to use blockchain technology to secure medical data for its 40 million members