2020-11-23 22:29 |
If the vote passes, the claim will move to a validity committee to approve a possible payout of $340,000.
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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.