Insurance
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.
Ex-Royal Mint Team Now Provides $1M Cover for All Civic Crypto Wallets
Coincover is now providing automatic deposit guarantee on all new signups for Civic's hot wallet.
BitGo Allows Customers to Extend Crypto Insurance Cover Over $100M
BitGo customers can now boost their insurance limits beyond $100 million to cover the loss or destruction of crypto stored in special vaults.
Lloyd’s Backs New Crypto Hot Wallet Insurance Scheme From Coincover
The UK insurance giant is underwriting a new policy protecting against theft of cryptocurrency held in online hot wallets.
DeFi Insurance Firm Nexus Mutual Makes Its First Payout Following bZx Attacks
Nexus Mutual members voted to pay out two claims following the bZx flash loan attacks – a first for the DeFi insurance pioneer.
Chinese Insurers Tap Blockchain to Speed Coronavirus Payouts
Blockchain tech is reported to be speeding insurance claims processing amid the coronavirus outbreak.
Bittrex Takes Out Record $300M Insurance on Crypto Held in Cold Storage
The insurance was underwritten by Arch Syndicate 2012, which provides specialized insurance for corporations.
