Major Insurance Broker Aon Secures Crime Coverage for Crypto Custody Solutions Firm

2019-6-12 12:53

Major insurance broker Aon will reportedly provide crypto custody solutions provider Metaco with crime insurance coverage via a group of predominantly European insurers

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Источник: cointelegraph.com

insurance crypto → Результатов: 126

FTX's Failure Highlights Need for Federally Mandated Insurance, Not More Regulation

There is extensive precedent for requiring companies providing critical infrastructure to get special insurance. Why not require crypto companies to back themselves with a market-based solution, say the founders of Evertas, a crypto insurance provider?

2023-1-18 01:16	Consensus Magazine
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Lloyd’s-Licensed Broker Launches Crypto Insurance Product

The Daylight insurance offering for crypto firms begins with technology liability and cyber insurance.

2022-5-11 11:00	Business
insurance crypto begins firms technology cyber liability

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BACKED Announces the Launch of the First-Ever P2P Crypto Insurance Protocol

BACKED is introducing the first peer-to-peer insurance protocol for the crypto world and crypto-assets. By leveraging smart contracts, the platform can create and host many insurance contracts between the insured and insurers in the network.

2021-6-26 15:05	Sponsored
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Crypto Custodian BitGo Exaggerated Insurance Coverage, Underwriter Claims

An underwriter of BitGo’s $100 million crypto insurance policy says the custodian described it in a misleading way.

2019-3-5 11:10
insurance crypto bitgo custodian underwriter described misleading

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Major US Crypto Exchange Obtains Insurance, Will it Have Positive Effect on the Industry?

This week, major US-based crypto exchange Gemini obtained insurance coverage from a consortium of leading insurance providers led by Aon, a multi-billion dollar insurance giant based in London. Yusuf Hussain, Gemini’s Head of Risk, emphasized the importance of providing sufficient consumer protection to assure that investors on the platform can freely trade cryptocurrencies without the […] The post Major US Crypto Exchange Obtains Insurance, Will it Have Positive Effect on the Industry? appeared first on CryptoSlate.

2018-10-6 20:00	Winklevoss twins
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AIG and Other Major Insurance Providers to Supply Coverage for Crypto Companies

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	News
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AIG and Other Major Insurance Providers to Supply Coverage for Crypto Companies

2018-7-22 02:55	Cryptocurrency News
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Crypto Insurance: A New Trend in the World of Blockchain

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
insurance crypto blockchain new world industry trend

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Big Name Insurance Companies Start Offering Crypto Protection Plans

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	News
plans companies protection insurance sector start offering

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Crypto Insurance Business Heating Up As Hackers Get Savvier

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	News
insurance type growing fastest becoming 2017 market

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Line’s Cryptocurrency Exchange BITBOX Is Now Open for Business

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	Adoption & community
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Stronghold and IBM Collaborate to Launch FDIC-Insured Stablecoin on Stellar

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	Investing
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IBM Launches USD-pegged Stablecoin, Assisting Stronghold

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	Startup
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Big Crypto-Backed Lending Networks Join Forces

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	News
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Etherisc launches consortium to bring increased protection to crypto lending market

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
protection insurance consortium etherisc lending market increased

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Digital Isle of Man Joins the British Blockchain Association

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	Adoption & community
blockchain digital bba isle man industry iom

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FCA Chooses Blockchain Companies for Fourth Cohort of Regulatory Sandbox

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	Startups
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Hedger Tech: How To Insure Your Cryptocurrencies

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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U.K. Banks Warned to Be Careful With Cryptocurrencies

The Bank of England has warned U. K. lenders to study cryptocurrencies before doing business in the space. In a letter sent out to the financial institutions in the country yesterday, the Bank of England Deputy Governor Sam Woods warned financial companies to take appropriate steps to protect themselves against "exposure to crypto-assets" which he believes are susceptible to "fraud and manipulation, as well as money-laundering and terrorist financing risks.

2018-6-29 18:17	Digital assets
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South Korean Insurers Wary of Cryptocurrency exchanges

Insurance companies in South Korea are not very forthcoming in providing insurance for crypto exchanges in the country. Despite being the nation with the most prolific cryptocurrency users, exchanges and thriving digital assets business, insurance companies in South Korea are wary of providing coverage for Crypto Exchanges.

2018-6-26 19:06	South Korea
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Crypto Exchanges Struggle to Get Insurance After Recent Hacks

The Korean Blockchain Association thought it was offering a win-win scenario to insurers when it previously held a briefing session to select a preferred carrier. It was offering insurance companies a package that included numerous exchanges while using that group to negotiate the best plan for its members, but due to the cost of recent hacks on.

2018-6-26 13:00
recent hacks insurance exchanges offering crypto get

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Bithumb reduces shrink-Agrees to reimburse customers

Exchanges South Korean exchange Bithumb has lowered its theft estimate from the original amount after undergoing some of the recovery process. The exchange promises to fully repay customers using its own fund even though its insurance is unlikely to cover the loss.

2018-6-23 04:05	South Korea
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Bithumb Lowers Theft Estimate – Will Fully Repay Customers Despite Deficient Insurance

South Korean exchange Bithumb has lowered its theft estimate from the original amount after undergoing some of the recovery process. The exchange promises to fully repay customers using its own fund even though its insurance is unlikely to cover the loss.

2018-6-23 01:40	Virtual Currency
theft customers insurance repay fully bithumb estimate

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Sheila Bair, former chairperson of the Federal Deposit Insurance Corporation, is open to new rules for digital currency

Sheila Bair, a former chairperson of the Federal Deposit Insurance Corporation (FDIC), believes the U.S. should create a wholly new regulatory framework for cryptocurrencies. She went on to explain: “We are trying to jam crypto trading into state money transmission laws, it just doesn’t work. I think at some point, we will need a federal

2018-6-22 02:29	trading
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Crypto not expected to be an everday payment method by 2020 in Germany according to the experts

As part of ZEW’s monthly financial market report, the research institute polled up to 300 experts from banks, insurance companies, and finance departments of selected large companies. ZEW polled experts on their assessment of whether cryptocurrencies would soon be adopted for everyday payment purposes.

2018-6-16 04:03
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On Radical Markets

Recently I had the fortune to have received an advance copy of Eric Posner and Glen Weyl’s new book, Radical Markets, which could be best described as an interesting new way of looking at the subject that is sometimes called “political economy” - tackling the big questions of how markets and politics and society intersect.

2018-7-21 04:03
property markets one could value even people

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NiceHash to debut first Bitcoin conference in Maribor, spotlighting Slovenia as a crypto hub

NiceHash, the leading hashrate marketplace, is set to inaugurate the first-ever Bitcoin-focused conference in Maribor, Slovenia. Dubbed NiceHashX, this event is styled as the “Bitcoin Conference on the Sunny Side of the Alps” and will be held over two days on November 8 and 9, 2024.

Swiss central bank sees no need for public CBDC as risks outweigh benefits

Swiss National Bank Chair Thomas Jordan says public central bank digital currency is unnecessary, suggests focusing on interbank trials. Switzerland is unlikely to introduce a public central bank digital currency (CBDC) in the near future, as risks associated with the…

Swiss central bank sees no need for public CBDC as risks outweign benefits

Sygnum Tokenizes $50M of Fidelity International Fund as Matter Labs Moves Reserves to Blockchain

The move was part of zkSync developer Matter Labs' long-term goal to move its treasury reserves to a blockchain.

Swiss prosecutors raid crypto hedge fund Tyr over its exposure to FTX

Raided by a Swiss prosecutor, Tyr Capital Partners is facing accusations of criminal mismanagement due to its ties to FTX. The Switzerland-based crypto hedge fund, Tyr Capital Partners, came under scrutiny in August 2023 after investors raised concerns about its…

Pando Asset officially files for spot Bitcoin ETF with the SEC

Swiss asset manager Pando Asset seeks SEC approval for a spot Bitcoin ETF, a step towards integrating crypto into mainstream finance.

Swiss Crypto Bank SEBA Wins Hong Kong License

The bank's Hong Kong unit can now deal in and distribute securities, including virtual assets-related products.

2019-6-12 12:53

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