Insurance firms have increased their interest in crypto investments in recent months.
Nasdaq-listed insurer Metromile plans $10M Bitcoin purchase
The company will soon accept BTC payments for insurance premiums as part of a broader embrace of digital assets.
Decentralized insurance could save DeFi from contagion, according to ShapeShift report
ShapeShift has identified two unaffiliated projects as promising DeFi insurance protocols.
Nexus Mutual moves to sundown legal entity, lift KYC requirements
By transitioning to a fully DAO-governed model, Nexus could expand its userbase and iron out tokeneconomic friction.
BitGo expands crypto insurance to cover over $700M
Institutional clients have shown strong demand for airtight and insured custody options.
Switzerland’s largest insurer AXA starts accepting Bitcoin as payment
All private AXA customers now have the option to pay insurance premiums for any non-life insurance products in Bitcoin.
Linux Foundation launches blockchain-based platform for insurance
The Linux Foundation and the American Association of Insurance Services are co-launching a blockchain-based platform to help the insurance industry.
Oasis Foundation announces implementation of Tidal DeFi insurance platform
A renewed focus on DeFi could drive traffic for the Oasis Network.
NYDIG raises $100 million and launches ‘Bitcoin-powered’ insurance initiative
The investment services firm said its new global head of insurance solutions would be spearheading the effort.
Chinese holding firm Ping An overtakes Tencent in blockchain patents race
Ant Group remains the world’s biggest blockchain patentee, while IBM is considered to be the most cited developer of patents in the industry.
Ethereum-Based Nexus Mutual Expands Its Decentralized ‘Insurance’ to Centralized Exchanges
A way to be covered in the event of an exchange hack.
Who Insures the Insurer? Cover Protocol Attack Exposes DeFi’s Promise and Peril
Defi insurer Cover Protocol, designed to reduce smart contract failure risks, was exploited by a bug in its smart contract on Monday morning.
eToro Adds Insolvency Insurance Policy – Crypto Users Not Included
The free insurance scheme covers customers for up to £1 million if the firm should ever become insolvent. But crypto holders are left out in the cold.
Bitstamp Adds Crypto Crime Insurance for Assets Held Online
The new policy means user funds are protected both on- and offline.
Bitstamp Adds Crypto Crime Insurance for Assets Held Online
The new policy means user funds are protected both on- and offline.
Chainlink to Provide Data for Farming Insurance Startup Arbol
Chainlink will provide climate data for insurance startup Arbol’s weather derivatives. Small to medium sized firms can use the Ethereum-based dapp for hedging natural events.
Morgan Creek Leads $2.8M Seed Round for Crypto Insurance Upstart Evertas
Formerly called BlockRe, the crypto insurance provider raised the seed round from Morgan Creek,Plug n Play, Kailash Ventures and other investors.
Business Is Booming for DeFi Insurer Nexus Mutual Ahead of Ethereum 2.0
Nexus Mutual, an alternative insurance provider for a variety of Ethereum-based DeFi protocols, has seen its risk pool double over the past 90 days to more than $4 million.
Bakkt Announces New Insurance Coverage, Claims More Than 70 Custody Clients
Bakkt has onboarded 70 clients to its custody services, and signed a deal with insurance broker Marsh to provide customers with an optional extra $500 million of coverage.
Crypto.com Lands Record $360M Insurance Cover for Offline Bitcoin Vaults
Crypto.com has gathered a record-breaking $360 million worth of insurance to cover the potential loss of coins stored in special offline vaults.