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DeFi Insurer Nexus Mutual Raises $2.7M in NXM Token Sale
16.2.2021
The firm aims to sell over $1 billion worth of cover in 2021 spread across at least 30 protocols
Crypto Insurer Nexo Adds Exchange Service to Its Mobile App
1.2.2021
Nexo's new service provides more than 75 cryptocurrency and fiat currency pairs for trading
Who Insures the Insurer? Cover Protocol Attack Exposes DeFi’s Promise and Peril
28.12.2020
Defi insurer Cover Protocol, designed to reduce smart contract failure risks, was exploited by a bug in its smart contract on Monday morning
CEO of DeFi Insurer Nexus Mutual Hacked for $8M in NXM Tokens
14.12.2020
Nexus Mutual's CEO, Hugh Karp, lost the tokens after an attacker gained remote access to his computer
Major Insurer Massmutual Invests $100 Million in Bitcoin for Long-Term Value
11.12.2020
Leading life insurance company Massmutual has become the latest big company to invest a huge sum of money in bitcoin. Massmutual believes that having a bitcoin position in its investment account will help the company deliver long-term value to its insurance policyholders. Massmutual Buys Bitcoin...
Major Swiss Insurer Adds Bitcoin and Ether Payments
2.9.2020
Atupri, a Swiss health insurance provider, said Monday that its 200,000 customers will now be able to make payments using bitcoin and ethereum. The 110-year old firm claims it is the “first” insurer in Switzerland to accept cryptocurrencies. In a statement, Atupri said payments will...
DeFi Insurer Nexus Mutual Maxed Out by Yield-Farming Boom
2.7.2020
Nexus Mutual is seeing a surge in demand. "Our product has honestly seen massive interest since yield farming kicked off," said founder Hugh Karp
Business Is Booming for DeFi Insurer Nexus Mutual Ahead of Ethereum 2.0
15.6.2020
Nexus Mutual, an alternative insurance provider for a variety of Ethereum-based DeFi protocols, has seen its risk pool double over the past 90 days to more than $4 million
UK Insurer L&G Using Amazon’s Blockchain Service for Bulk Pensions Deals
12.6.2019
Legal & General has turned to Amazon's services to launch what it claims is the first blockchain system for bulk pension deals
Pan-African Insurer Old Mutual Will Not Insure Mining Rigs
11.6.2019
South African insurance company Old Mutual has refused to insure mining rigs in Africa, making it harder to protect cryptocurrency gear there