Experimental crypto zones like DeFi and staking are seeing an influx of insurance products, but not as we know it.
Aon has shaped insurance policies around cryptocurrency cold storage. Now it's eyeing the red-hot DeFi space.
A way to be covered in the event of an exchange hack.
DeFi insurer Cover Protocol, designed to reduce smart-contract failure risks, was exploited by a bug in its smart contract on Monday morning.
Tidal will use the Polkadot blockchain to allow users to insure a set of DeFi applications against smart-contract failure or breaches.
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.
The new policy means user funds are protected both on- and offline.
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.
Formerly called BlockRe, the crypto insurance provider raised the seed round from Morgan Creek,Plug n Play, Kailash Ventures and other investors.
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 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 has gathered a record-breaking $360 million worth of insurance to cover the potential loss of coins stored in special offline vaults.
Coincover is now providing automatic deposit guarantee on all new signups for Civic's hot wallet.
BitGo customers can now boost their insurance limits beyond $100 million to cover the loss or destruction of crypto stored in special vaults.
The UK insurance giant is underwriting a new policy protecting against theft of cryptocurrency held in online hot wallets.