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Unslashed Finance raises $2M for crypto insurance platform
4.3.2021
Investors include Lemniscap, P2P capital and others. Unslashed Finance has sold $400 million in coverage since its private launch last month
Insurance Companies Reportedly Sink Crypto Cruise Ship MS Satoshi Project
1.3.2021
Plans by Panama-based company Ocean Builders to launch a crypto cruise ship, a floating community to host businesses including stores and restaurants that planned to accept bitcoin (BTC) from customers, were reportedly scrapped by what company representatives describe as the inflexibility of...
Spanish Court Orders the Investigation of Possible ‘Computer Fraud’ on Bittrex Exchange After a User Loses 1.3 BTC
1.3.2021
A Spanish Court has issued an order compelling a division within the country’s police to investigate the possible existence of “computer fraud” on the Bittrex cryptocurrency platform. The order was issued following the filing of a complaint by a Tenerife based Bittrex user...
3 reasons why Reef Finance, Bridge Mutual and Morpheus Network are rallying
28.2.2021
Strong fundamentals and new partnerships back the strong rallies in Morpheus Network, Bridge Mutual and Reef Finance
Whitehat hacker receives $1.5M bug bounty after patch pumps token price
5.2.2021
A bumper payout for identifying a critical bug in a smart contract caused increased confidence in the ArmorFi platform and a 100%+ token pump
DeFi Project ArmorFi Awards $1.5M Bounty for Bug Alert That Potentially Saved Its Reserves
5.2.2021
ArmorFi's CTO has also offered to get a tattoo chosen by the ethical hacker who found the bug
KuCoin CEO says insurance covered 16% of losses from $285M hack in 2020
3.2.2021
KuCoin users were unaffected by the $285 million hack of 2020 as insurance funds covered the remaining losses from the incident
BSC Insurance Project Soteria Launched IFO with Great Success, Setting New Record of Total Fund Raised Reaching 2272.61%
21.1.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
BSC Insurance Project Soteria Launched IFO with Great Success, Setting New Record of Total Fund Raised Reaching 2272.61%
Soteria, a popular insurance platform on Binance Smart Chain (BSC), officially...
Bandot & Tidal Finance Unite to Offer Insurance for Users
19.1.2021
Tidal Finance, a secured security interface that favors the creation of decentralized insurance pools, has announced its new partnership with Bandot, Polkadot’s first stablecoin credit channel. The integration will help Tidal Finance offer decentralized insurance tools to support Bandot’s pledge...
Ledger Promises Funds Insurance As Client Data Leak Expands
13.1.2021
France-based major crypto hardware wallet manufacturer Ledger confirmed that Shopify hackers obtained Ledger customer personal information in April and June 2020.
"Along with forensic firm Orange Cyberdefense we were able to establish that it affects approximately 292,000 customers. While...
Bancor v2.1 report: Swap fees exceed impermanent loss insurance costs
12.1.2021
Bancor’s approach to dealing withimpermanent loss on decentralized exchanges might have significant implications for idle altcoin capital
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
Insured Finance and GAINS to Power Digital Insurance Space
9.1.2021
Insured Finance, an upcoming insurance marketplace based on blockchain-based technology, has now announced a partnership with GAINS Associates. This will help the GAINS users get insightful information about Insured Finance. GAINS has carved a distinct place for itself in informing users about...
Chamath Palihapitiya sees Bitcoin as insurance against uncertainty
9.1.2021
"The fabric of society is frayed," said the former Facebook exec
Attackers Drain Millions From Cover Protocol, Token Holders Attack Compensation Plan
30.12.2020
Decentralized finance insurance project Cover protocol briefly suffered losses when an unknown attacker minted over 40 quintillion Cover tokens. However, after successfully cashing out tokens worth about $5 million, the attacker unexpectedly returned ether tokens valued at about $3.2 million before...
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
Asset Manager Ruffer Confirms $750 Million Bitcoin Investment as Hedge Against Fiat Currency Devaluation
16.12.2020
Investment management firm Ruffer, with over $27 billion under management, has confirmed that its bitcoin investment now totals $750 million. A Ruffer spokesperson told news.Bitcoin.com that this was “primarily a protective” move for the firm’s portfolios, as the firm reduced...