Insurance

BitPay Sues Insurer After Losing $1.8 Million in Phishing Attack

Bitcoin payment processor BitPay has filed suit against a Massachusetts insurance company after losing $1.8m during a phishing attack last December.

By Stan HigginsSep 17, 2015

AXA is eyeing bitcoin to help streamline the remittance market, the general partner of its VC fund has told CoinDesk.

By Grace CaffynSep 7, 2015

Two London bitcoin startups have unveiled a new system that "ring-fences" customer funds from other operations.

By Grace CaffynJul 9, 2015

Drinker Biddle & Reath's Charles Cowan looks at why insurance companies have so far hesitated to work with bitcoin companies.

By Charles CowanJun 28, 2015

Bitcoin's security risk will "never be reduced to zero", according to a report released by insurance provider Lloyd’s today.

By Grace CaffynJun 12, 2015

BitGo has announced a new partnership with Innovation Insurance Group and XL Group that will enable it to offer $250,000 in insurance to customers.

By Pete RizzoFeb 25, 2015

Coinbase has announced it is insured against the theft or loss of bitcoin, with cover via an established broker.

The need for insured cryptocurrency services is obvious, but companies have been loath to touch bitcoin.

By Kadhim ShubberJun 10, 2014

The relationship between Lloyd’s of London and bitcoin storage service Elliptic Vault broke down just weeks after Elliptic's launch.

Great American Insurance policyholders can now add BTC coverage against crime in most US states.

By Daniel CawreyJun 2, 2014

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