2023-9-8 17:21 |
OpenCover, which raised $4 million in a seed round led by the likes of NFX and Jump Crypto, received a $200,000 funding bump from Coinbase to bolster its debut on Base.
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Nexus Mutual is also behind a new insurance alternative on Coinbase’s L2 network called Base DeFi Pass.
Insurance has come to be an integral part of our regular existence, to protect our assets and lives in case any catastrophe is to strike. Now, when so many of us are entering the world of blockchain and cryptocurrencies, and trusting smart contracts (virtual self-executing contracts) with our funds and personal information, it’s only normal […] The post Crypto Gem Series Part 2: Nexus Mutual appeared first on ItsBlockchain.
This is caused either by hacking, smart contract vulnerabilities, destabilization of an asset, or just a good old fashioned cryptocurrency rug pulls. Either way, solutions are needed to mitigate these losses.