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Surprise twist as BlockFi receives Money Services License in Iowa
29.6.2022
Despite a significant fine from Iowa’s regulator just two weeks earlier, BlockFi has scored itself a license in the state
Belgian Banking Group KBC Creates Blockchain-Based Coin
18.6.2022
KBC Group, a major European banking and insurance institution headquartered in Belgium, has launched a token based on a blockchain platform. Its customers will be able to acquire the new proprietary coins and use them through their KBC wallet and mobile app. KBC Issues Digital Coin for Clients...
Struggle for Web3’s soul: The future of blockchain-based identity
7.6.2022
What’s behind Buterin’s embrace of “soulbound tokens”? Ensuring Ethereum’s dominance? A backlash against NFTs? Creating a better world?
11% of US insurers invest — or are interested in investing — in crypto
2.6.2022
Of the 328 CFOs and CIOs representing around half of the global insurance industry, 6% responded their firm was either already invested or considering an investment into cryptocurrencies
Finance Redefined: Uniswap breaches $1T volume, WEF 2022 discussion on Terra, and more
28.5.2022
The past week in DeFi saw Uniswap breach $1 trillion trading volume, while WEF 2022 saw Terra at the center of most crypto and DeFi discussions
Billionaire Bill Miller calls Bitcoin 'insurance' against financial catastrophe
27.5.2022
Miller said Bitcoin “functioned without the Fed and without any interference” during times of market turmoil, concluding that “it’s an insurance policy, the way I look at it.”
Question of centralization faces growing crypto insurance industry
9.5.2022
Cryptocurrency insurance is expected to be a big business: Will it be centralized or decentralized?
Virtual Insurer and German Giant Munich Re Team Up to Offer Digital Asset Insurance
11.4.2022
Hong Kong-based virtual insurer OneDegree has entered into a three-year strategic partnership with German reinsurer Munich Re to launch OneInfinity, a new digital asset insurance product.
OneDegree says its product is an insurance and technology offering designed specifically for digital asset...
The FDIC wants US banks to report on current and intended crypto-related activities
7.4.2022
The U.S. bank insurer has concerns over the ability of the institutions it supervises to assess crypto risks adequately, and it’s none too sure about its own abilities
Lemonade partners with blockchain bigwigs to combat climate change
22.3.2022
The coalition will release a decentralized application to help farmers make or receive payments using crypto
Japanese Fintech Firm Kyash Raises $41 Million, Jack Dorsey’s Block Participates in Funding
18.3.2022
A Tokyo-based financial technology company called Kyash has raised $41.2 million in a Series D funding round which saw participation from the Block (formerly known as Square). The investment into the Japanese mobile financial app firm is the Block’s first investment in the Asia Pacific...
EU Regulators Warn Crypto Unsuitable as Investment or Means of Payment for Most Retail Consumers
18.3.2022
Several European regulators have issued a joint warning on crypto assets. “These assets are not suited for most retail consumers as an investment or as a means of payment or exchange,” they stressed. EU Supervisory Authorities Warn About the Danger of Investing in Crypto Assets Three...
US lawmaker introduces bill for government-backed insurance of 'qualified' stablecoins
15.2.2022
"For cryptocurrency to grow and thrive ... we must provide more direction and certainty to the marketplace ...,” said Josh Gottheimer
4 DeFi Insurance Protocols Building Safety Nets for Crypto Investors
3.2.2022
Decentralized finance (DeFi) is one of the most impactful innovations in the global crypto markets, enabling crypto traders and investors to earn double/triple-digit yields on their holding.
However, using DeFi applications comes with its own share of risks, with protocol hacks being relatively...
Binance user protection insurance fund reaches $1B valuation
1.2.2022
Binance started the Secure Asset Fund for Users (SAFU) in 2018 by allocating 10% of the trading fee
Revolut Launches Banking Services in Spain Featuring Deposit Insurance
14.1.2022
Revolut, a leading fintech platform and neobank, has received a special banking license to operate in Spain. User deposits are now insured up to €100K, with the coverage being provided by Deposit and Investment Insurance, a Lithuanian state company. The company, which now has over 800,000...
Crypto in 2022 Will Bring New and Older Emergent Trends to the Fore
1.1.2022
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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...
Hong Kong Company Onedegree to Offer Insurance for Cryptocurrencies
13.11.2021
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....
Hong Kong firm to offer insurance for Asian cryptocurrency holdings
11.11.2021
Insurance and risk management for digital assets will increase investor confidence, said OneDegree
Altcoins surge even as Bitcoin and Ethereum price fall toward key support levels
5.11.2021
Altcoins like XYO, CRO and WNXM are capitalizing on BTC and ETH’s consolidation by moving higher