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Gemini Launches Captive Insurance Company + More News
16.1.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Gemini Trust Company, a cryptocurrency exchange and custodian, said it launched Nakamoto, Ltd., a captive insurance...
Gemini Launches Firm to Insure Its Own Crypto Custody Branch for $200M
16.1.2020
Gemini Exchange has launched Nakamoto Ltd., a captive insurance firm that will provide $200 million in coverage for Gemini’s custody arm
Winklevoss-Led Gemini Exchange Now Has Its Own Insurance Company
16.1.2020
Gemini, led by the Winklevoss twins, has set up its own insurance captive to cover loss of crypto in cold storage – with a possibly record-breaking $200M limit
This Blue Chip Crypto Insurance Consortium Lacks One Thing – a Sizable Loss
13.1.2020
In a rare interview, insurance company Arch talks about its $150M crypto storage policy
BitMEX Ends Year With Additional 13K BTC in Its Insurance Fund, Up 61%
31.12.2019
BitMEX Insurance Fund now holds nearly 0.2% of all BTC in circulation, but what’s it for?
Insurance Industry Eyes Blockchain as Top Firms Begin Tests
25.12.2019
Insuring giant Anthem looks to blockchain to secure their customer data
Infosys Launches Distributed Apps for Government Services, Supply Chain Management, and Insurance Services
19.12.2019
Infosys has launched industry-specific blockchain-powered applications for insurance services, supply chain, and government services. All these comprehensive applications are designed to meet the specific needs of these sectors, which will be readily deployed for inter-operability across their...
Controversial Australian Ex-Minister Enters Blockchain Insurance Space
18.12.2019
Australia’s former Minister for Broadband, Communications and the Digital Economy has joined as advisory board chair for blockchain insurance firm Day By Day
Blockchain and Insurance: An Inseparable Duo That Has the Potential to Revolutionize the World
15.12.2019
The application of blockchain across the various sectors of the industries is much-talked matter since the inception of blockchain; insurance also falls well within the periphery of such a discussion. Though some critics argue the fact that blockchain only makes a marginal difference and...
US Health Insurance Giant Piloting Blockchain to Secure Medical Data
13.12.2019
Second-largest U.S. health insurance company plans to use blockchain technology to secure medical data for its 40 million members
IBMR and Blockchain Firm Algorand Launch Microfinance Platform
12.12.2019
IBMR and Algorand are jointly launching a microfinance platform and a dedicated token to promote financial inclusion in Southeast Asia
Equilibrium’s Stablecoin Now Has $17.5M in Insurance That Pays Out Automatically
12.12.2019
Equilibrium will hold 6.5 million EOS tokens in reserve as an insurance policy for users should its stablecoin lose its peg
Fintech Arm of Chinese Insurance Giant Shoots for $500M IPO in US
5.12.2019
Ping An’s fintech subsidiary OneConnect is aiming for a $500 million IPO in the U.S. according to a filing with the Securities and Exchange Commission
Chinese Insurance Giant Ping An’s Blockchain Arm Reveals Terms for $468M IPO
4.12.2019
OneConnect Financial, the blockchain and AI subsidiary of China’s top insurance company Ping An Insurance, has set the terms for its planned NYSE listing
Coincover and BitGo Launched a Bitcoin Insurance Plan, Cryptocurrency Wills
28.11.2019
UK based startup Coincover has recently collaborated with Bitcoin storage company BitGo to launch a crypto-insurance product, “Cryptocurrency Wills.” Why was Cryptocurrency Wills launched? According to official estimations, 4 million Bitcoin assets have been lost so far, after their holders...
Former UBS Executive Establishes Digital Securities Insurance Platform
27.11.2019
Former UBS executive Claude Waelchli has launched a digital securities issuance platform dubbed Tokenyz
FEMA Suggests Blockchain-Based Registry to Improve Disaster Insurance Payouts
19.11.2019
FEMA suggested the formation of a blockchain registery to streamline disaster insurance payouts
China’s Zhejiang Processes $6M via DLT Medical Billing Platform
18.11.2019
China’s Zhejiang province processed about $6 million through its blockchain medical billing system using Ant Financial’s blockchain tech
Ledger Vault Secures $150 Million Crime Insurance Policy for Digital Assets
14.11.2019
Ledger Vault now offers a crime insurance policy, developed in collaboration with Marsh and Arch Insurance Limited, that covers digital assets
Coinbase, Kingdom Trust, Regal Assets Jointly Offer Crypto IRA and 401(K) Accounts
14.11.2019
Coinbase, Kingdom Trust and Regal Assets have jointly begun offering cryptocurrency IRA and 401(K) accounts in the U.S