Insurance

Sectors Realizing the Full Potential of DeFi Protocols In 2020

As the new decade unreels, a new wave of disruption seems to be coming to the shores of the global…

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

Insurance works in crypto so far, though it hasn't had many big tests yet. Not many people had insurance on…

Chinese Insurers Tap Blockchain to Speed up Coronavirus Payouts

Blockchain technology is reportedly helping to streamline medical paperwork processing for insurance service providers as global coronavirus containment efforts continue.…

Chinese Insurance Firms Use Blockchain to Process Coronavirus Claims

Insurance firms in China use blockchain to manage coronavirus-related claims amid the outbreak. English-language local news outlet South China Morning…

Blockchain Payments Platform Paystand Raises $20M in Series B Round

Paystand has successfully raised $20 million in its Series B funding round, VentureBeat and others reported on Feb. 6. The…

Bittrex Takes Out Record $300M Insurance on Crypto Held in Cold Storage

Bittrex has insured digital assets held in its cold (or offline) storage to up to $300 million, the highest coverage…

Bittrex Secures $300 Million Insurance for Cryptocurrencies in Cold Storage

Cryptocurrency exchange Bittrex obtained $300 million in digital asset insurance against theft or collusion for the cryptocurrency it holds in…

Keeping Your Assets Safe — Crypto Insurance May Soon Become the Norm

If the crypto sector is to attract more institutional investors, it will need to provide more insurance solutions. This point…

Gemini’s $200M Crypto Insurance Indicates Rapidly Rising Instiutional Demand

The Gemini crypto asset exchange has just announced an increase to its custody platform’s insurance coverage. At $200 million, the…

Gemini Launches Firm to Insure Its Own Crypto Custody Branch for $200M

The Winklevoss’ Gemini Exchange has launched an insurance company to cover up to $200 million for Gemini Custody — reportedly…

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