2020-1-17 23:00 |
The Gemini crypto asset exchange has just announced an increase to its custody platform’s insurance coverage. At $200 million, the Winklevoss-led trading venue now boasts the largest cold storage insurance limit of any crypto custodian on the planet. origin »
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Crypto exchange Crypto.com has announced it secured $120 million in insurance coverage for digital assets held in Crypto.com Custody Trust, its U.S.-based solution. The exchange said in an announcement that the $120 million insurance cover is arranged by Aon, a…
2025-6-26 21:45 | |
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A crypto insurance provider will typically assess at least 2,000 variables across 20 risk areas before they even consider insuring a platform, according to an insurance executive.
2023-5-29 02:30 | |
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Crypto insurance is becoming more important as investors and crypto companies look to secure their digital assets.
2022-9-21 17:04 | |
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What Is Crypto Insurance, and How Does It Work? Crypto insurance is a relatively new concept in the world of finance. And while some people are already familiar with traditional forms of insurance, others might not know what the term even means.
2022-7-19 16:08 | |
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When crypto companies are denied liability insurance, they are disincentivized from innovating.
2020-11-16 19:15 | |
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Atupri Health Insurance has announced that its policyholders can now make crypto payments with... The post Swiss health insurance firm integrates crypto as payment option appeared first on Coin Journal.
2020-9-1 15:45 | |
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Experts weigh in on the future of the crypto industry: “The crypto community needs a reliable insurance mechanism”
2020-1-24 05:00 | |
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In a rare interview, insurance company Arch talks about its $150 million crypto storage policy.
2020-1-14 20:57 | |
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Understanding the crypto insurance sector is an important step in becoming a better-informed investor in the blockchain space. The post Crypto Insurance: Are Your Satoshis Protected? appeared first on CoinCentral.
2019-2-1 20:46 | |
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The new insurance comes against the background of some of the largest fund thefts in crypto history.
2018-9-8 17:54 | |
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A major South Korean insurance company reportedly will start offering cryptocurrency exchanges insurance aimed at compensating for damages caused by hacking, according to local media. Currently, few crypto exchanges in the country are insured and hacking damages are not covered.
2018-9-7 03:10 | |
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One of China’s largest insurance companies is seeking blockchain applications to reduce information asymmetries in the insurance industry. The People’s Insurance Company of China, the country’s largest issuer of casualty insurance and the world’s twentieth largest insurer according to Forbes, has partnered with VeChain to improve efficiency within the industry.
2018-9-4 20:29 | |
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A draft law designed to amend California’s legislation to create legal grounds for the implementation of crypto-related technologies has been passed by the state’s legislature. Assembly Bill 2658 amends the California Civil Code, Government Code, Corporations Code, and Insurance Code to legalize the use of blockchain secured data and smart contracts in local and foreign […] The post California Passes Bill Defining Blockchain and Crypto Terms appeared first on Bitcoin News.
2018-9-3 14:05 | |
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The number of jobs and job seekers in the Asian crypto space is growing, according to leading recruiters in the region. Also in The Daily, Colombia may soon become a crypto-friendly nation, California and Russia want to use blockchain tech for insurance and pensions, and Malaysians remain bullish on cryptocurrencies, despite market trends this year.
2018-9-2 14:55 | |
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A U. S. -based multi-asset custody firm has announced that it will launch a fully insured storage option for clients seeking to secure their digital currency holdings. To facilitate this, Kingdom Trust has partnered with the respected insurer Lloyd’s of London.
2018-8-30 23:00 | |
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Kingdom Trust, a company that stores digital currency for investors, has secured insurance for digital assets held on its qualified custody platform through Lloyd’s of London, one of the world’s most respected insurers.
2018-8-30 23:00 | |
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Lloyd’s of London has entered into an agreement with custodial firm Kingdom Trust to offer cryptocurrency insurance services in a move that further amps institutional entry in the digital asset ecosystem, according to a press release.
2018-8-30 22:00 | |
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Digital currencies have remained a popular investment tool since Bitcoin first came on the scene 10 years ago. For many, they are considered as stores of value and are highly appreciated due to their limited supplies.
2018-8-29 18:15 | |
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A qualified crypto custodian Kingdom Trust has announced its partnership with one of the Lloyd's underwriters. The insurance coverage provided through the world's leading insurance market is expected to attract more institutional investors to the crypto sphere.
2018-8-29 23:24 | |
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Just a month after issuing a warning about crypto assets, insurer Lloyd's of London is beginning to enter the business, a new partnership shows.
2018-8-28 16:00 | |
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The blockchain is revolutionising the way many industries run. With big players and even governments injecting substantial capital into the blockchain, it gives developers opportunities to phase their focus in developing technology for the BFSI sector.
2018-8-27 01:07 | |
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The crypto market’s meteoric rise in 2017 is proof that there is money to be made in the industry. The bull run last year created countless millionaires who saw their fortunes rise along with skyrocketing prices of all digital coins.
2018-8-25 22:59 | |
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Blockchain technologies are becoming more and more integrated with financial services and one of China’s biggest personal financial service groups, Ping An is just another piece of proof of that. Ping An has revealed that it will launch its new cutting-edge Smart City and AI initiatives next week in China’s Smart City Expo in Shenzhen.
2018-8-20 00:30 | |
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Matt Liu, Josh Fraser and former PayPal head Yu Pan want to bring the blockchain to the sharing economy. The trio is devising a platform with an emphasis on inclusive, peer-to-peer service hubs designed to decentralize the same consumer cost-friendly business models that have made companies like Airbnb, Uber and Lyft so popular in recent years.
2018-8-16 23:25 | |
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One aspect of the cryptocurrency market aside volatility, which has been under immense criticisms over years is the hacking of crypto exchanges by cybercriminals. Criminals also want a piece of the crypto action and therefore pounce on any little chance they get to screw over crypto investors.
2018-8-14 02:15 | |
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San Francisco based crypto trading and investment platform, Omniex, has bolstered its leadership advisory team with the addition of former Securities and Exchange Commission (SEC) chairman Arthur Levitt and ex-Federal Deposit Insurance Corporation (FDIC) chair Sheila Blair, according to a press release on August 7.
2018-8-9 08:00 | |
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Omniex, which is a crypto trading platform focused on institutional investors, has recently called two high profile US financial regulators for its board of advisors. They are the former US Securities and Exchange Commision (SEC) chairman, Arthur Levitt and Sheila Bair, which was the chair of the Federal Deposit Insurance Corp (FDIC). The company has […]
2018-8-8 11:38 | |
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One of the world’s largest investment banks may soon bring cryptocurrencies into its trillion-dollar investment fold. Goldman Sachs is allegedly devising a cryptocurrency custody service, individuals familiar with the matter told Bloomberg.
2018-8-7 20:57 | |
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Co-Founder Of Finder. com Plans To Launch Australia’s First-Ever Crypto Bank Co-Founder of Finder. com, Fred Schebesta has recently revealed his plans to launch a cryptocurrency-backed financial institution in Australia.
2018-8-6 18:41 | |
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Thailand’s central bank has announced the rules under which financial institutions, including commercial banks, and their subsidiaries can engage in cryptocurrency activities. They include securities, asset management, and insurance firms.
2018-8-6 10:45 | |
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Blockchain technology has been recognized as a new generation of powerful technology that has played a major role in the expansion of the crypto market. With this in mind, GAPro has constructed and deployed a blockchain platform through the property, insurance, and lending companies, which pay an overwhelming amount of money only to be offered […]
2018-8-5 14:01 | |
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With more investors joining the crypto world, there is a growing need to secure investments and offer a trusted and comprehensive risk management solution. That is why Cremit has been created. It offers a robust and researched solution that will help business owners and investors secure crypto investment. Why Cremit Matters As crypto continues to […]
2018-7-29 08:37 | |
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Insurance companies cover all sectors of the economy, from the manufacturers to the financial industry and even personal property. They have, however, steered clear of the crypto industry, and with good reason.
2018-7-25 00:00 | |
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Samsung, the $290 billion electronics giant, has started to accept crypto in its stores in the Baltic region as an alternative to fiat money on July 21, 2018. Heavily Involved in Crypto In South Korea, Samsung remains as the dominant conglomerate in virtually every major industry including insurance, real estate, construction, shipbuilding, automotive manufacturing, and finance.
2018-7-25 21:00 | |
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The crypto universe has spoken: they want a bitcoin ETF and they want it now. Dubbed the VanEck SolidX Bitcoin Trust, the proposed ETF would be priced from a bundle of crypto-assets that fluctuates in value primarily in accordance with over-the-counter trading desks, as opposed to online cryptocurrency exchanges. In addition, SolidX would offer insurance for
2018-7-24 02:16 | |
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Cryptocurrency–While some media outlets continue to slam cryptocurrency over the frequent hacks and overall risk of investing through susceptible exchanges, enterprising insurance companies have seen a solution: offer protection against hacks for just pennies on the dollar.
2018-7-24 22:15 | |
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Many major insurance providers are reportedly selling insurance coverage to crypto companies. Bloomberg reports that AIG, Chubb and XL Group are known to provide crypto insurance, while Marsh & McLennan and Aon act as brokers and help clients find crypto insurance policies.
2018-7-23 22:04 | |
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Many major insurance providers are reportedly selling insurance coverage to crypto companies. Bloomberg reports that AIG, Chubb and XL Group are known to provide crypto insurance, while Marsh & McLennan and Aon act as brokers and help clients find crypto insurance policies.
2018-7-22 02:55 | |
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The rise of cryptocurrency and blockchain industry has brought along some new trends. Specifically, crypto insurance, and a large number of companies are getting on that bandwagon, both offering and taking insurance on crypto assets.
2018-7-22 01:00 | |
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Insurance Companies Start Offering Protection Plans to Cryptocurrency Of late, established insurance companies, such as AIG and Allianz, have introduced protection plans for businesses in the digital currency sector.
2018-7-21 22:51 | |
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Cyber insurance became the fastest growing type of insurance in the U.S., becoming a multi-billion market in 2017.
2018-7-20 08:43 | |
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Singapore-based cryptocurrency exchange BITBOX, which is also a division of Japanese internet giant Line Corporation, is now up and running. Operations began on July 16, 2018, and services are available in roughly 15 different languages to traders of every country except Japan and the U.
2018-7-19 22:38 | |
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Stronghold, a cryptocurrency trading platform housed by Stellar, is launching a stablecoin on its parent network’s blockchain in collaboration with IBM. Stronghold USD will be backed with “one-to-one U.
2018-7-18 22:00 | |
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A crypto startup Stronghold is launching a new stablecoin in partnership with IBM. Stronghold, a financial institution building an asset-agnostic global payment and trade ecosystem, is launching a cryptocurrency insured by the Federal Deposit Insurance Corp.
2018-7-17 18:51 | |
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Today, Etherisc, the global, decentralized insurance platform for collectively building insurance products, has announced the launch of a new blockchain consortium aimed at creating Collateral Protection Insurance (CPI) for the crypto lending market.
2018-7-11 11:06 | |
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Etherisc, a global, decentralized insurance platform for collectively building insurance products today has announced the launch of a blockchain consortium to create Collateral Protection Insurance (CPI) for the.
2018-7-10 18:44 | |
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One of the earliest adopters of blockchain technology — the Digital Isle of Man (Digital IOM) — is now an official member of the British Blockchain Association (BBA).
2018-7-6 17:27 | |
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The Financial Conduct Authority (FCA), responsible for conduct and relevant prudential regulation of financial services firms and financial markets in the U. K. , has announced the details of the firms selected to be part of cohort 4 of its regulatory sandbox, according to an FCA post.
2018-7-5 01:04 | |
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In the past months, Bitcoin has been in a steady decline. This can be attributable to several factors including market correction, investors moving to different types of investments or just bad press on hacks on exchanges and threat of regulation.
2018-7-3 16:45 | |
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Tabit Insurance, a Barbados-based company offering insurance solutions for the digital assets industry, raised $40 million in a facility capitalized in Bitcoin. The company said in a press release that the capitalization of the $40 million insurance facility in Bitcoin…
As well as cyber and crime markets, Relm is offering reimbursement for losses associated with staking on the Ethereum network.
Crypto insurance underwriter Evertas will increase coverage limits to $420 million per policy while adding additional mining coverage.
FTX imploded back in November and there have been a number of developments since then. The effect of the crypto exchange’s collapse is still being felt by both users and companies in the space, and the most recent development shows that the contagion is far from over.
Insurers are increasingly denying or significantly limiting coverage to clients involved with crypto due to the collapse of exchange FTX. The post First Accountants Now Insurers Turn Their Backs on Crypto Clients appeared first on BeInCrypto.
Decentralized insurance built on a transparent, blazingly fast, and efficient blockchain with the community in mind is something to think about. The post Decentralized Insurance Built on the Blockchain is a Game Changer appeared first on BeInCrypto.
The company said the move intends to cover all NFTs listed on the HARTi platform with no cost to the seller.