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DeFi coverage protocol expands protection against centralized exchange hacks
12.1.2021
Nexus Mutual is now allowing users to cover their centralized exchange accounts
Ethereum-Based Nexus Mutual Expands Its Decentralized ‘Insurance’ to Centralized Exchanges
12.1.2021
A way to be covered in the event of an exchange hack
Proposal seeks to overhaul Aave’s $375 million Safety Module
10.1.2021
Big changes are coming to DeFi’s second-largest protocol and its $375 million insurance pool
Chamath Palihapitiya sees Bitcoin as insurance against uncertainty
9.1.2021
"The fabric of society is frayed," said the former Facebook exec
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
Interview with Sergey Nazarov
19.12.2020
Chainlink co-Founder Sergey Nazarov explains why a decentralized oracle network is needed to ensure trust in the DeFi ecosystem
MassMutual Bitcoin purchase proves crypto demand is rising, JPMorgan says
14.12.2020
Even a nominal investment from insurance firms and pension funds could be significant for Bitcoin
Origin Dollar compensation plan marks progressing maturation of DeFi space
13.12.2020
Traders and developers are trending towards greater DeFi depositor protections in unison
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...
New Draft U.S. Law Will Make It Illegal To Issue Stablecoins Without Federal Reserve Approval
4.12.2020
Three U.S. lawmakers have introduced a bill that will force private stablecoin issuers to obtain a banking charter (or license) and approval from the Federal Reserve before they can issue a stablecoin. Instigated by Rep. Rashida Tlaib, with support from Reps. Jesús García and Stephen...
Yearn Finance continues acquisition spree with Cover
28.11.2020
"That's how shit gets done here," says one team member
Decentralized insurance protocol Cover holds vote to cover Pickle hack
22.11.2020
If the vote passes, the claim will move to a validity committee to approve a possible payout of $340,000
Etherisc to offer blockchain-based crop insurance to Kenyan farmers
14.11.2020
The project aims to provide a blockchain-based parametric insurance platform that helps protect smallhold farmers from the effects of climate change
Your car insurance salesman is now an AI bot connected to blockchain
13.11.2020
A new virtual assistant powered by blockchain can complete insurance contracts without human assistance
eToro Adds Insolvency Insurance Policy – Crypto Users Not Included
2.11.2020
The free insurance scheme covers customers for up to £1 million if the firm should ever become insolvent. But crypto holders are left out in the cold
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...
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...
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...