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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
Risk Harbor set to take over decentralized insurance protocol Ozone on Terra network
4.11.2021
The peer-to-peer insurance service provides DeFi users coverage in case of technical glitches on the Terra blockchain
Crypto.com expands insurance program to cover $750M
20.9.2021
The insurance policy is one of the largest in the cryptocurrency industry, reflecting heightened demand for consumer protection
The Big Three Credit Agencies Critique El Salvador’s Bitcoin Adoption — S&P Global Warns of ‘Immediate Negative Implications’
18.9.2021
All of the ‘Big Three’ credit agencies have said that El Salvador’s adoption of bitcoin could affect the country’s credit rating in a negative manner. After both Moody’s and Fitch Ratings published reports on the matter in El Salvador, S&P Global said that...
Ruler and Cover DeFi protocol closes down amid mass developer exit
6.9.2021
DeFi insurance protocol Ruler and Cover pledged to share the remaining treasury funds to token holders
Chinese Banks Seek New Applications for Digital Yuan in Investment and Insurance
1.9.2021
Two Chinese banks are expanding their pilot programs for the digital national fiat. The state-owned financial institutions have revealed they are aiming to allow digital yuan holders to acquire investment funds and insurance products using the new currency. Chinese Banks Partner With Fund Managers...
Martin Luther King, Jr.’s Daughter Distances Herself From Fortnite Event
30.8.2021
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...
Big Three Credit Agency Fitch Warns El Salvador Adopting Bitcoin Will Negatively Affect Insurers
17.8.2021
Fitch Ratings, the American credit agency and member of the ‘Big Three’ credit agencies, has published a paper on El Salvador’s adoption of bitcoin and making the crypto asset legal tender in the country. Fitch believes that after the country enforces the new tender law it will...
Fitch Ratings warns El Salvador's 'Bitcoin Law' will pose risk to local insurers
17.8.2021
Fitch warned that mainstreaming Bitcoin without clarity can introduce volatility and operational risks for Salvadorans
Nasdaq-Listed Metromile Invests $1 Million in Bitcoin — Sees Rapid Growth in Global Cryptocurrency Adoption
12.8.2021
The Nasdaq-listed auto insurance company Metromile has purchased $1 million in bitcoin. The company plans to “become the first insurance company to allow policyholders the option to pay for insurance and receive payment for eligible claims in either bitcoin or dollars.” Auto Insurance...
Digital insurer Metromile follows through with $1M Bitcoin purchase
11.8.2021
In May, the company said it intended to allocate $10 million towards Bitcoin in the second quarter of 2021
Digital Transformation Law Draft Would Allow Users to Pay Mortgages With Crypto in Spain
2.8.2021
A new proposal of a digital transformation law, written by a group of lawmakers in Spain would introduce the possibility of paying mortgages with cryptocurrency. The law draft also gives different incentives for companies and organizations using and developing solutions using these technologies...
China Offers Medics Digital Yuan Insurance Policy for Covid-19
21.7.2021
China’s first insurance policy using the digital yuan for settlement has been issued in Shenzhen, local media reported. The new product, targeting medical personnel exposed to coronavirus risks, is offered by the country’s largest insurer, Ping An. The financial giant also has fintech...
Digital yuan pilots expand to insurance industry for the first time
21.7.2021
China's central bank digital currency can now be used on insurance policies that offer various levels of compensation for diagnosis of or death due to COVID-19
Etherisc onboards 17K Kenyan farmers covered by blockchain-based crop insurance
21.7.2021
The project said it would be paying roughly 6,000 farmers for crops adversely affected by climate change before the end of the season
Stablecoin insurance firm Bridge Mutual to protect against possible Tether depegging
1.7.2021
Years of regulatory uncertainty around Tether could be offset by newfound investor confidence if an emerging insurance protocol for USDT gains traction
6 Insurers Initiate New Cryptocurrency Investment Positions: Report
15.6.2021
Insurance firms have increased their interest in crypto investments in recent months
US FDIC seeks insight on banks’ role in cryptocurrency markets
18.5.2021
The FDIC issued a request for public input to get more information on the industry and consumers’ interests in the market
Nasdaq-listed insurer Metromile plans $10M Bitcoin purchase
6.5.2021
The company will soon accept BTC payments on insurance premiums as part of a broader embrace of digital assets
Decentralized insurance could save DeFi from contagion, according to ShapeShift report
27.4.2021
ShapeShift has identified two unaffiliated projects as promising DeFi insurance protocols