Coincover raises $30 million in funding led by Foundation Capital
Coincover, a digital-asset protection and insurance service, raised $30 million in a round led by Foundation Capital.
Coincover raises $30 million in funding led by Foundation Capital
Coincover, a digital-asset protection and insurance service, raised $30 million in a round led by Foundation Capital.
Insurers curb coverage of crypto firms’ risks after the FTX collapse
Insurance companies are denying cooperation or cutting coverage for clients who interacted with the FTX exchange going through bankruptcy proceedings. Reuters reports.
Lemonade to own $1m of Bitcoin after Metromile deal
New York Stock Exchange-listed insurer Lemonade agreed to acquire competitor Metromile, which had previously invested in Bitcoin.
Opium Protocol launches rental-payment insurance service for RealT fractional real estate
The DeFi project Opium Protocol integrated insurance against loss of rental payments for fractional real estate purchased on the RealT platform.
Several insurers invested in Grayscale Investments’ crypto products
Six US insurers for the first time bought Grayscale Investments' Bitcoin- and Ethereum-based trusts, according to S&P Global Market Intelligence.
US auto insurer Metromile to offer Bitcoin payouts to customers
San Francisco-based Metromile, which sells pay-per-mile car insurance on its digital platform, announced that it will soon allow customers to pay bills and receive reimbursements in Bitcoin.
Opium Protocol launches asset-insurance service for sidechains
The DeFi platform for cryptocurrency derivatives Opium Protocol unveiled Bridge Protection, designed to hedge risks when interacting with sidechains.
AXA Begins Accepting Bitcoin Payments in Switzerland
The Swiss unit of AXA Group, one of the world's largest insurers, has added an option for clients to pay premiums in the first cryptocurrency.
European insurer Wakam becomes Tezos validator
The French insurer Wakam joined the Tezos blockchain platform ecosystem as a corporate validator (baker).
DeFi project Opium Protocol to launch insurance and staking service
The Opium Protocol, a crypto-derivatives platform backed by Galaxy Digital and Alameda Research, announced the launch of a DeFi risk-hedging service.
Leading Swiss insurer begins accepting Bitcoin and Ethereum
Leading Swiss health insurer Atupri Health Insurance has begun accepting payments in Bitcoin and Ethereum.
Bitcoin Exchanges and Cybersecurity Trends: Can Audit and Insurance Safeguard Your Money
The crypto industry historically suffers from security issues. In 2019 alone hackers stole nearly $300 million from crypto exchanges. Exchanges, wallets, and payment processors have to respond with radical measures from large-scale audits to multi-million dollar insurance programs. In this piece, BDCenter Digital helps us explain how crypto projects protect their users.We use cookies to improve the quality of our service.
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