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Insurance
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.
Winklevoss-Led Gemini Exchange Now Has Its Own Insurance Company
Gemini, led by the Winklevoss twins, has set up its own insurance captive to cover loss of crypto in cold storage – with a possibly record-breaking $200M limit.
This Blue-Chip Crypto Insurance Consortium Lacks One Thing – a Sizable Loss
In a rare interview, insurance company Arch talks about its $150 million crypto storage policy.
Equilibrium’s Stablecoin Now Has $17.5M in Insurance That Pays Out Automatically
Equilibrium will hold 6.5 million EOS tokens in reserve as an insurance policy for users should its stablecoin lose its peg.
Chinese Insurance Giant Ping An's Blockchain Arm Reveals Terms for $468M IPO
OneConnect Financial, the blockchain and AI subsidiary of China’s top insurance company Ping An Insurance, has set the terms for its planned NYSE listing.
Ledger's Vault Scores $150 Million in Crypto Insurance From Lloyd's Syndicate
The move is another sign that the insurance industry is gradually becoming comfortable writing coverage for digital assets.
