Nexus Mutual
DeFi Insurer Nexus Mutual Demands $2M Refund From Euler Hack Claimants. One User Traded it Anyway
Euler's hacker returned most of the money, putting the insurer that already paid claims in a pickle. Members of Nexus Mutual could get lawyers involved if the $2 million they’re owed isn’t returned.
DeFi Risk-Sharing Protocol Nexus Expects Loss on Maple Credit Pool Investment as FTX Contagion Widens
Nexus Mutual, which offers an insurance alternative for decentralized finance traders, deposited some $19 million in ETH to Maple’s wrapped ether credit pool, which was rocked by Orthogonal Trading’s recent default.
Insurance Alternative Nexus Mutual Follows DeFi Activity to Polkadot, Cosmos, Binance Smart Chain
The Ethereum-based platform for covering losses from DeFi hacks and other flubs is expanding to other chains.
Crypto Lender Hodlnaut Teams With Insurance Alternative Nexus Mutual
The Singapore crypto lender toughed it through the bear market and now has $250 million locked and lended.
DeFi Insurer Nexus Mutual Raises $2.7M in NXM Token Sale
The firm aims to sell over $1 billion worth of cover in 2021 spread across at least 30 protocols.
Ethereum-Based Nexus Mutual Expands Its Decentralized 'Insurance' to Centralized Exchanges
A way to be covered in the event of an exchange hack.
CEO of DeFi Insurer Nexus Mutual Hacked for $8M in NXM Tokens
Nexus Mutual's CEO, Hugh Karp, lost the tokens after an attacker gained remote access to his computer.
DeFi Insurer Nexus Mutual Maxed Out by Yield-Farming Boom
Nexus Mutual is seeing a surge in demand. "Our product has honestly seen massive interest since yield farming kicked off," said founder Hugh Karp.
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.
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.