Insurance


Finance

Bitstamp Adds Crypto Crime Insurance for Assets Held Online

The new policy means user funds are protected both on- and offline.

Bitstamp CEO and founder Nejc Kodrič

Tech

Chainlink to Provide Data for Farming Insurance Startup Arbol

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.

an honest yield farmer

Finance

Morgan Creek Leads $2.8M Seed Round for Crypto Insurance Upstart Evertas

Formerly called BlockRe, the crypto insurance provider raised the seed round from Morgan Creek,Plug n Play, Kailash Ventures and other investors.

dollars

Finance

Business Is Booming for DeFi Insurer Nexus Mutual Ahead of Ethereum 2.0

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.

(Shutterstock)

Finance

Bakkt Announces New Insurance Coverage, Claims More Than 70 Custody Clients

Bakkt has onboarded 70 clients to its custody services, and signed a deal with insurance broker Marsh to provide customers with an optional extra $500 million of coverage.

Bakkt President Adam White

Finance

Crypto.com Lands Record $360M Insurance Cover for Offline Bitcoin Vaults

Crypto.com has gathered a record-breaking $360 million worth of insurance to cover the potential loss of coins stored in special offline vaults.

Crypto.com CEO Kris Marszalek speaks at RISE 2018 at the Hong Kong Convention and Exhibition Centre.

Finance

Ex-Royal Mint Team Now Provides $1M Cover for All Civic Crypto Wallets

Coincover is now providing automatic deposit guarantee on all new signups for Civic's hot wallet.

Lloyd's of London building. Credit: eric laudonien / Shutterstock

Finance

BitGo Allows Customers to Extend Crypto Insurance Cover Over $100M

BitGo customers can now boost their insurance limits beyond $100 million to cover the loss or destruction of crypto stored in special vaults.

BitGo CEO Mike Belshe

Finance

Lloyd’s Backs New Crypto Hot Wallet Insurance Scheme From Coincover

The UK insurance giant is underwriting a new policy protecting against theft of cryptocurrency held in online hot wallets.

Credit: Shutterstock/Simon Vayro

Tech

DeFi Insurance Firm Nexus Mutual Makes Its First Payout Following bZx Attacks

Nexus Mutual members voted to pay out two claims following the bZx flash loan attacks – a first for the DeFi insurance pioneer.

umbrella_shutterstock