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Bitstamp Adds Crypto Crime Insurance for Assets Held Online
19.10.2020
The new policy means user funds are protected both on- and offline
Bitstamp says its users are now covered against a broad web of crime
15.10.2020
Crypto needs insurance too
OFAC Warns Americans Against Facilitating Ransomware Payments
5.10.2020
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently issued an advisory highlighting the sanctions risk American citizens face if they help facilitate ransomware payments. In the advisory, the OFAC says it will “continue to impose sanctions on those...
Onecoin Victims Join Petition Seeking Establishment of European Crypto Fraud Compensation Fund
1.10.2020
Onecoin victims have joined a consortium that wants the European Parliament to consider a petition seeking the establishment of a compensation fund. The envisioned EU-administered fund will function as an insurance kitty for current and future victims of all crypto fraud. The petitioners...
Execs Managing $78B in Assets Say Institutional Investors Plan to Allocate More Cryptocurrencies
22.9.2020
New research from the digital currency insurance firm, Evertas, shows that a surveyed group of investors managing roughly $78 billion in collective assets believes that during the next five years, institutional investors will “dramatically” increase their crypto asset holdings. This...
Korean Business Heavyweights Team up for Blockchain Insurance Project
16.9.2020
The Hyundai sign on a car. Two of South Korea’s biggest conglomerates will team up to create a blockchain-based insurance offering. The deal will see the Lotte Group’s insurance arm, Lotte Insurance, join forces with the Hyundai Group’s blockchain and crypto subsidiary Hdac for an unprecedented...
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...
Major Swiss health insurance company now accepts crypto payments
1.9.2020
Policyholders can pay in either Bitcoin or Ether through Bitcoin Suisse
Dash Nigeria Takes Digital Currency Education Campaign to Regulators and Key Institutions
27.8.2020
With sophisticated fraud schemes seemingly overwhelming the African crypto market, there is a growing need for players in the space to help fight this scourge. Some are responding through increased educational campaigns, which they hope will not only turn the tide against scammers but will also...
Canadian Exchange Shakepay Gets Cold Wallet Insurance to Protect Customer Funds
26.8.2020
Canadian crypto exchange Shakepay has secured cold wallet insurance through Aon with Lloyd's of London underwriters
Farmers Could Soon Be Hedging Their Risks With Decentralized Weather Data
20.8.2020
They’re tackling a problem which affects billions of people
Chainlink to Provide Data for Farming Insurance Startup Arbol
19.8.2020
Chainlink will provide climate data for insurance startup Arbol’s weather derivatives. Small to medium sized firms can use the Ethereum-based dapp for hedging natural events
Chinese State Grid Launches Blockchain-Based Blackout Insurance Policy
8.8.2020
Zhejiang province issued its first blackout insurance policy backed by a blockchain platform
Fidelity Calls Bitcoin an ‘Aspirational’ Store of Value and an ‘Insurance Policy’
30.7.2020
Bitcoin is an aspirational store of value according to Fidelity Digital Assets
Morgan Creek Leads $2.8M Seed Round for Crypto Insurance Upstart Evertas
15.7.2020
Formerly called BlockRe, the crypto insurance provider raised the seed round from Morgan Creek,Plug n Play, Kailash Ventures and other investors
Cryptocurrency News From Japan: July 5 - July 11 in Review
11.7.2020
Tosei real estate and Tokyo Financial Holdings issued an asset-backed digital financial product, Coinage registered with Japanese authorities as an exchange and more headlined news from Japan this past week
Telecom Giant Thinks Blockchain Can Make Phone Insurance More Convenient
3.7.2020
This South Korean company joined forces with Samsung to forward requests to insurance companies using Blockchain technology
SK Telecom Set to Debut Blokchain-powered Mobile Insurance + More News
3.7.2020
This is our daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain/DLT news
South Korean telecoms giant SK Telecom is to launch a blockchain-based paperless mobile phone insurance service, reports...
US Real Estate Market Crisis: 4.3 Million Mortgage Delinquencies, Commercial Properties Sink in Value
27.6.2020
The U.S. economy continues to look bleak as the American citizens and small businesses nationwide struggle to keep up with the government’s rules toward Covid-19 guidelines. In just 13 weeks, over 45 million Americans filed for unemployment benefits and many citizens cannot pay their...
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