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Crypto.com Lands Record $360M Insurance Cover for Offline Bitcoin Vaults
11.5.2020
Crypto.com has gathered a record-breaking $360 million worth of insurance to cover the potential loss of coins stored in special offline vaults
Canadian Exchange VirgoCX Taps Ledger Vault for Custody, Insurance Support
11.5.2020
Canada-based crypto exchange VirgoCX has turned to enterprise infrastructure technology platform Ledger Vault to provide custody solutions for retail and institutional clients
Exchanges Bolster Their Bitcoin Insurance Funds After ‘Halving Dump’
11.5.2020
After Bitcoin price plummeted on May 10, several exchanges scrambled to inject liquidity into their BTC insurance funds
Open Interest in Bitcoin Options Hits USD 1B as Traders Seek Insurance
8.5.2020
Open interest (OI) in bitcoin (BTC) options surpassed USD 1 billion ahead of the halving, with an exponential increase seen across all major marketplaces over the past week. Meanwhile, the bitcoin put-to-call ratio is also on the move, revealing some bearishness in the market.
Although not unusual...
Major Polish Insurance Company Taps Blockchain for Its Paperwork
4.5.2020
Polish insurance company Link4 teams up with blockchain startup Coinfirm to use a DLT-powered tool for document management
A Virtual Experience of Digital Transformation in Insurance: Customer Engagement & Operational Agility Conference 2020
27.4.2020
London – Join us on May 5–6, for a virtual experience of Digital Transformation in Insurance conference. Over 30 speakers from industry leaders Direct Line, Allianz, Lloyds, and Aviva join innovative insurtechs, including Flock and FloodFlash to collaborate with us LIVE to share their experience...
Ex-Royal Mint Team’s Crypto Insurance Now Provides $1M Cover for All Civic Wallets
31.3.2020
Coincover is now providing automatic insurance cover on all new signups for Civic's wallet
Civic Wallet Now Offers $1M ‘FDIC-Like Insurance’ for Crypto
31.3.2020
Civic Wallet offers “FDIC-like insurance” for crypto for up to $1M, underwritten by Lloyds of London
Maze Hacker Group Claims Infecting Insurance Giant Chubb with Ransomware
29.3.2020
According to a claim published on its website, black hat hacker group, Maze, has compromised insurance firm Chubb
Peter Brandt: Precious Metals, Gold and Bitcoin Should Be Viewed as Insurance Policies
24.3.2020
Renowned financial analyst Peter Brandt tweeted on Monday that, in his opinion, people should consider gold and Bitcoin as “catastrophic insurance policies.” He further added that these assets must be treated as policies for which premium is paid, but people hope that they are never needed....
BitMEX Defends Insurance Fund Being ‘Barely Used’ in BTC Price Crash
23.3.2020
BitMEX seeks to provide transparency over its insurance fund, but commentators appear unconvinced
Attestiv CEO on Using DLT to Fight Fake News, Insurance Fraud, and Deep-Fakes
22.3.2020
Cointelegraph interviewed Attestiv CEO Nico Vekiarides about the role of blockchain in fighting fake news and insurance fraud
Bitcoin Is Half-Priced ‘Hurricane Insurance,’ Says Crypto Fund Manager
21.3.2020
At the current price levels, the Ikigai CIO believes that buying BTC like purchasing half-priced “hurricane insurance
Cryptocurrency Custodian BitGo Expands Crypto Insurance Policy
19.3.2020
A new insurance service covers crypto assets held by BitGo over the standard $100 million limit
BitGo Allows Customers to Extend Crypto Insurance Cover Over $100M
18.3.2020
BitGo customers can now boost their insurance limits beyond $100 million to cover the loss or destruction of crypto stored in special vaults
Bitcoin, Not Governments Will Save the World After Crisis, Tim Draper Says
17.3.2020
Tim Draper now says Bitcoin, not governments, will save the world when it comes back
BitMex Insurance Fund Tags ATH, Binance and Deribit Inject Millions
14.3.2020
Despite the insurance funds of Deribit and Binance falling by more than 50% in the crash, BitMex’s insurance fund is posting record highs
Bitcoin Insurance Funds Take a Beating as Markets Rout
13.3.2020
Binance’s insurance fund more than halved overnight, as did that of Bitcoin derivatives exchange Deribit
Retail Crypto Insurance: Protecting Crypto Holdings Becoming Mainstream
11.3.2020
Is it time to get a policy to secure even the smallest crypto holdings? At least now there is an option for it
Blockchain and Coronavirus: Streamlining Insurance Claims with Blockchain
6.3.2020
In the past month, Coronavirus cases have skyrocketed across the world and sent populations into a frenzy. The pandemic has disrupted multiple industries and caused the Dow Jones to plummet. As states scramble to effectively contain the outbreak, they are beginning to employ next-generation...