Insurance
Bitcoin-Denominated Life Insurance Provider Sets Up Shop With $19M Funding
Meanwhile's target audience is U.S. citizens with large BTC holdings, an audience from which it has "seen a lot of early demand."
Crypto Insurer Evertas’ Coverage Limit Increased to $420M: Reuters
London-based Arch Insurance International, a syndicate member of Lloyd's of London, has authorized Evertas to increase its coverage limit for a single policy for crypto custodians and exchanges
LI.FI and InsurAce Pitch Protection for Moving Crypto Between Blockchains
LI.FI partnered with risk cover protocol InsurAce to provide protection for users who are bridging their cryptoassets from one blockchain to another.
DeFi Insurer Nexus Mutual Demands $2M Refund From Euler Hack Claimants. One User Traded it Anyway
Euler's hacker returned most of the money, putting the insurer that already paid claims in a pickle. Members of Nexus Mutual could get lawyers involved if the $2 million they’re owed isn’t returned.
Crypto Protection Firm Coincover Raises $30M
Silicon Valley investment firm Foundation Capital led the funding round.
FTX's Failure Highlights Need for Federally Mandated Insurance, Not More Regulation
There is extensive precedent for requiring companies providing critical infrastructure to get special insurance. Why not require crypto companies to back themselves with a market-based product, say the founders of Evertas, a crypto insurance provider.
Crypto Insurance Firm Raises $14M Despite Bear Market
Evertas, the cryptocurrency insurance firm that received a nod from Lloyd’s of London earlier this year, has raised $14 million in a Series A funding round led by Polychain Capital. "The Hash" hosts discuss what this means for the crypto insurance sector and the broader industry.
Crypto Insurance Firm Evertas Bucks Bear Market With $14M Raise
The Series A round was led by Polychain Capital and also included SinoGlobal Capital, Morgan Creek and Balaji Srinivasan.
Compass Mining Launches Bitcoin Miner Protection Plan
The plan is initially available to customers hosted in Texas, South Carolina, Nebraska and Oklahoma.
Crypto Custodian Aegis Trust Offers $25M Insurance Policy for NFTs
The policy, provided by insurance marketplace Lloyd’s of London, will protect institutional investors’ NFTs.
