Litentry DID tech to power decentralized insurance protocol from InsurAce

CryptoNinjas » Litentry DID tech to power decentralized insurance protocol from InsurAce Litentry, a cross-chain decentralized identity (DID) aggregator that enables the linking of user identities among multiple decentralized networks, has announced a new strategic partnership with InsurAce, a Singapore-based DeFi insurance protocol.

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Risk trading reinsurance platform UnoRe launches on Polkastarter

First of its kind decentralized reinsurance platform UnoRe has launched its IDO on Polkastarter, which sold out almost instantly. The project is promising to completely change “the insurance for insThe post Risk trading reinsurance platform UnoRe launches on Polkastarter appeared first on AMBCrypto.

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Nexus Mutual Expands Insurance to Cover Binance Smart Chain and Polkadot Users

Nexus Mutual, a firm that provides insurance services in the decentralized finance (DeFi) space is extending its services to cover more blockchain networks. Nexus Mutual To Protect Users From Smart Contract Risks In DeFi The company announced that its newly launched Protocol cover was rolled out to meet the increasing demand of the decentralized finance […] The post Nexus Mutual Expands Insurance to Cover Binance Smart Chain and Polkadot Users first appeared on BitcoinExchangeGuide.

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PolkaCover Launches the Platform’s Demo Decentralized Application

Polkacover, the ingenious platform that bridges the gap between traditional insurance companies and crypto-insurance products has just launched its Demo Decentralized Application, demonstrating how users can connect with several insurance providers offering global insurance products such as crypto-related protection, health, life, and more, with ease.

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Polars (POL) Review: Introducing DeFi in Prediction Markets

Two things: One, DeFi is huge, so extensive it can describe any financial activity executable in a decentralized manner. While decentralized exchanges, trading, insurance, and more dominate, other areas under this umbrella remain under-explored but, nonetheless, a gold mine.

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Unslashed Finance - Insuring crypto to hedge risk

Marouane Hajji is the protocol lead at Unslashed Finance, a decentralized insurance protocol built on Ethereum. Insurance is a part of the decentralized finance stack that has received less attention.

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Tidal to Launch Balancer LBP After 500x Oversubscribed Polkastarter IDO

Tidal Finance, a high-yield insurance platform, offers the ability to hedge against the failure of a DeFi protocol or asset. While reinventing the way decentralized insurance works, Tidal Finance plans to attract participation from the community through a Balancer liquidity bootstrapping pool on 25th March.

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Tidal to Launch Balancer LBP Following 500x Oversubscribed Polkastarter IDO

PRESS RELEASE. Tidal Finance, a high-yield insurance platform, offers the ability to hedge against the failure of a DeFi protocol or asset. While reinventing the way decentralized insurance works, Tidal Finance plans to attract participation from the community through a Balancer liquidity bootstrapping pool on 25th March.

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Tidal to launch Balancer LBP following 500x oversubscribed Polkastarter IDO

Tidal Finance, a high-yield insurance platform, offers the ability to hedge against the failure of a DeFi protocol or asset. While reinventing the way decentralized insurance works, Tidal Finance planThe post Tidal to launch Balancer LBP following 500x oversubscribed Polkastarter IDO appeared first on AMBCrypto.

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Tidal to Launch Balancer LBP following 500x oversubscribed Polkastarter IDO

Tidal Finance, a high-yield insurance platform, offers the ability to hedge against the failure of a DeFi protocol or asset. While reinventing the way decentralized insurance works, Tidal Finance plans to attract participation from the community through a Balancer liquidity bootstrapping pool on 25th March.

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Public Mint to Launch Earn App With Risk Coverage From Bridge Mutual

Tokenized fiat DeFi project Public Mint has partnered with risk coverage provider Bridge Mutual to increase risk insurance on its upcoming fiat-crypto platform.   Public Mint Earn is a decentralized fiat liquidity app where users can claim returns in U.

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DeFi Insurance: The Safety Net of the Crowd

Mike Miglio, CEO of decentralized risk coverage specialists Bridge Mutual, explores the ways the booming DeFi industry might better protect itself amid high-profile losses in the hundreds of millions of dollars.

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Taking the Blockchain Promise A Step Further – the DeFi Movement

With over $13 billion locked across them, Decentralized Finance or DeFi protocols are eyeing astronomical growth in the years to come. In offering a global, open substitute for every financial service the world uses – savings, loans, trading, insurance, and more – DeFi is poised to take blockchain’s promise of universal accessibility a step further.

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Why insurance is needed for DeFi, and what it looks like

NFTs busted the door to decentralized finance wide open.

The post Why insurance is needed for DeFi, and what it looks like appeared first on CryptoSlate.

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What Is Yearn Finance: A Detailed 4-Step Guide on the DeFi Powerhouse

Yearn Finance is a gateway for a set of Decentralized Finance solutions, powered by the Ethereum blockchain, that allows one to maximize your investments through lending aggregation, yield-generation, and insurance.

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Global Insurance Heavyweight Launching Blockchain Pilot 

Aon is joining forces with Nayms and Teller Finance to conduct a distributed ledger technology (DLT) pilot on the public Ethereum blockchain. The first-of-its-kind pilot aims to create robust insurance cover for decentralized finance platforms, according to a press release on March 3, 2021.

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Bridge Mutual Tops DeFi Insurance Market in One Day

This influx of funds led to an increase in hacks and exploitations against defi and centralized platforms. As a result, market participants are calling for a decentralized insurance product. Firms raced to create a usable product.

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KardiaChain integrates with ShareRing’s blockchain travel app

KardiaChain, a scalable, non-invasive interoperable hybrid blockchain platform, today announced integration with ShareRing, a transparent, decentralized ecosystem. With the upcoming launch of ShareRing’s app, ShareRing will integrate KAI token, opening up new utility through ShareRing partner products, including travel services, e-commerce, e-visas, local delivery services, healthcare, passport apps, payments/foreign exchange apps, car rentals, insurance, and […] CryptoNinjas.

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Nexus Mutual’s Insurance Now Covers Binance, Coinbase, Gemini & Kraken Users Against Security Breaches

Decentralized finance insurance protocol Nexus Mutual has updated the list of cryptocurrency exchanges that are eligible for incidence protection. The company's services will now include customers of centralized exchanges like Coinbase, Binance, Gemini, and Kraken.

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Bancor v2.1 report: Swap fees exceed impermanent loss insurance costs

Bancor’s approach to dealing with impermanent loss on decentralized exchanges might have significant implications for idle altcoin capital.

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Ethereum-Based Nexus Mutual Expands Its Decentralized ‘Insurance’ to Centralized Exchanges

A way to be covered in the event of an exchange hack.

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Polkastarter to Launch Polkacover DeFi Insurance and IDO

The decentralized exchange built upon the Polkadot network is now launching its own DeFi insurance products and an Initial DEX Offering. Polkastarter has been touted as an Ethereum and Uniswap-rivalling automated market maker and dApp platform.

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Attackers Drain Millions From Cover Protocol, Token Holders Attack Compensation Plan

Decentralized finance insurance project Cover protocol briefly suffered losses when an unknown attacker minted over 40 quintillion Cover tokens. However, after successfully cashing out tokens worth about $5 million, the attacker unexpectedly returned ether tokens valued at about $3.

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Cover Protocol Exploited

COVER protocol, the decentralized insurance marketplace that originally spun out of the SAFE project has been exploited by various actors. […] The post Cover Protocol Exploited appeared first on DeFi Rate.

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Tidal Raises $1.95M to Bring Decentralized Insurance to The Fast Growing Defi Ecosystem

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Nexus Mutual Boss Loses $8 Million Worth of Cryptos To Cyber Attack

Hugh Karp, the founder of popular decentralized insurance protocol, Nexus Mutual has reportedly lost over $8 million worth of cryptos to an attack. The platform’s official Twitter handle announced this on Monday, December 14, 2020, saying that Mr.

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Nexus Mutual Founder's personal address hacked for over $8 million

High Karp, Founder of decentralized insurance platform Nexus Mutual, saw his personal address attacked earlier today, following which, he lost funds worth over $8 million. In fact, according to reportThe post Nexus Mutual Founder's personal address hacked for over $8 million appeared first on AMBCrypto.

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Decentralized Insurance Markets Are Taming DeFi Risks

What will it take to get decentralized finance (DeFi) to deliver the promised land of low fee financial services owned by its users? Many DeFi users will argue that day is already here. They are enjoying 10–30 times higher interest from liquidity pools than traditional savings accounts and lending rates under 1 percent across many […]

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Nexus Mutual Introduces Custody Coverage Crypto Insurance

Nexus Mutual has launched the Custody Cover program for hack victims, one of many such solutions to launch in the DeFi industry recently. On Dec. 2, decentralized insurance platform, Nexus Mutual, announced the launch of Custody Cover, a coverage solution for hack victims.

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Decentralized insurance protocol Cover holds vote to cover Pickle hack

If the vote passes, the claim will move to a validity committee to approve a possible payout of $340,000.

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Etherisc partners with Chainlink to offer crop insurance in Kenya

Etherisc, a decentralized finance firm has partnered with Chainlink to help Kenyan farmers insure their crops. The organization unveiled this news via a blog post on November 14, noting that this collaboration seeks to develop a blockchain-based parametric crop insurance platform.

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Etherisc-Powered Smart Contract Insurance Platform to Aid Kenyan Farmers

The Chainlink Community Grant Program is funding a blockchain project to aid smallholder farmers in Kenya. Using Blockchain to Help Farmers In a recent announcement, the Chainlink Community Grant Program revealed that it was funding a low-cost insurance project between decentralized insurance protocol named Etherisc and ACRE Africa, an Africa-based micro-insurance issuer.

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Is ‘Shield Farming’ the Next Step for DeFi Insurance?

Decentralized finance (DeFi) is evolving so fast that new ways of generating yields are presenting themselves on a daily basis. The latest trend in the pipeline is a process being referred to as ‘shield farming.

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Nexus Mutual surpasses 1% of total DeFi TVL as insurance market heats up

Nexus Mutual, the insurance coverage provider for decentralized finance (DeFi) protocols, surpassed $74 million in active coverage. The post Nexus Mutual surpasses 1% of total DeFi TVL as insurance market heats up appeared first on CryptoSlate.

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OneSwap Launches AMM Order Book Hybrid DEX System, Public Beta Now Live

The blockchain technology underlying cryptocurrencies has evolved over the past few years to create a whole new Decentralized Finance (DeFi) movement. In simple words, DeFi is a collection of alternative financial services that are analogues to traditional products like savings, loans, trading, insurance, etc.

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3 reasons why investors expect YFI’s insurance underwriter Nexus Mutual could reach a $1 billion market cap

Nexus Mutual (NXM), the only major insurance protocol in Decentralized Finance (DeFi), surged over the last several days. The post 3 reasons why investors expect YFI’s insurance underwriter Nexus Mutual could reach a $1 billion market cap appeared first on CryptoSlate.

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Chainlink to Provide Decentralized Weather Data for Arbol’s Crop Derivatives on Ethereum

Chainlink has partnered with Arbol, a crop insurance startup, to enable farmers to hedge against weather risks based on Ethereum’s smart contract infrastructure. Arbol will leverage Chainlink’s decentralized data feed to keep its fundamentals up to date such that the farmers are settled in time and at the prevailing market prices. Arbol’s smart contract ecosystem […]

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Investors pinpoint DeFi insurance as the next big thing—YFI keeps surging

Investors believe insurance on Decentralized Finance (DeFi) could become the next big market within the Ethereum space. The post Investors pinpoint DeFi insurance as the next big thing—YFI keeps surging appeared first on CryptoSlate.

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Mutual Insurance Takes off As Bitcoin Futures Market Matures

The crypto futures market is heating up. On June 30, Binance launched Compound perpetual contracts at 50x leverage, around the same time Beijing-based MCDEX debuted a novel decentralized ETH perpetual contract that has no expiry date.

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Civic’s Hot Wallet to be Backed by $1M Insurance Policy Through Coincover Partnership

The non-custodial and multi-signature wallet Civic Wallet is now offering a $1 million insurance from Coincover. Established as one of the biggest decentralized identity providers in the crypto industry, Civic Technologies (CVC), is the first non-custodial wallet company offering $1 million protection.

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Decentralized insurance protocol Nexus Mutual integrates Chainlink oracles

Nexus Mutual, a peer-to-peer risk sharing mutual built using smart contracts and blockchain technology, announced today it is now using Chainlink’s price reference data contracts for decentralized valuations of its multi-currency capital pool Chainlink’s decentralized oracle network will bring transparent and accurate on-chain valuations to Nexus Mutual’s multi-currency capital pool.

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Etherisc releases demo of decentralized flight insurance product using Chainlink

Etherisc, a decentralized insurance protocol, announced today that it has now launched a working decentralized flight insurance Proof Of Concept on Rinkeby, an Ethereum testnet. The demo incorporates reliable data feeds delivered by Chainlink.

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Decentralized insurance protocol Kover.ai raises $1.5M in seed round

San Francisco-based startup Kover. ai, creators of a decentralized insurance coverage application, announced it recently closed a $1. 5 million seed round from some big names in the Silicon Valley and Chicago tech ecosystems.

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Hydrogen blockchain APIs now available in Oracle Cloud Marketplace

Hydrogen blockchain APIs now available in Oracle Cloud Marketplace - CryptoNinjas Hydrogen, a provider of financial and blockchain APIs, announced that its platform has achieved ‘Powered by Oracle Cloud’ status, and is now available in the Oracle Cloud Marketplace.

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Singularity Studio Signs Memorandum With People’s Insurance Company Of China’s Fintech Arm

Singularity Studio, the for-profit spinoff of the SingularityNET project, a decentralized AI services marketplace, has signed a “Strategic Cooperation Memorandum” with PICC Financial Services, a Fintech-focused subsidiary of the state-owned People’s Insurance Company of China.

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Asure Network ICO

First scalable decentralized social security network Project Introduction Asure Network is a layer 2 scaling network that enables fast, easy and secure transactions for not only payment transactions, but also generalized smart contract.

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XR Web ICO

XR Web is pioneering the development of the spatial / XR web 3. 0 with a Decentralized framework to build applications that are meant for the physical spatial world around us and incorporate AR/VR technologies Types of applications XR Gaming platforms XR Advertising network XR Shopping XR Social Media XR Real Estate XR Insurance How to use? Developers - Build Developers can use our SDK and API framework in various languages to build XR and spatial applications that are connected to our blockchain and protocol.

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BINCOIN ICO

Bincoin is a decentralized cryptocurrency payment system that was created cryptographically which run on an open source software and it is not being controlled by any entity. The Bincoin cryptocurrency payment system is not govern by any government or bank.

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Insure Network ICO

Our goal is to innovate an inefficient industry and disrupt expensive incumbents through a strategic rollout and adoption of a blockchain platform powered by smart contracts and artificial intelligence (AI).

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