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
Similar to Notcoin - Blum - Airdrops In 2024
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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 | |
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The Daylight insurance offering for crypto firms begins with technology liability and cyber insurance.
2022-5-11 11:00 | |
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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 | |
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An underwriter of BitGo’s $100 million crypto insurance policy says the custodian described it in a misleading way.
2019-3-5 11:10 | |
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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 | |
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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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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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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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 | |
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Switzerland’s Financial Market Supervisory Authority (FINMA) has raised concerns about increasing money laundering risks in the crypto sector. The warning, detailed in FINMA’s 2024 Risk Monitor report, highlights the growing misuse of digital assets like cryptocurrencies and stablecoins for illicit activities.
Solana-based decentralized exchange (DEX) Raydium has outperformed stablecoin giant Tether in daily fee generation. According to data from DeFiLlama, Raydium generated over $15 million in fees in the last 24 hours, surpassing Tether’s $13 million during the same period.
Ethereum’s value against Bitcoin has reached a four-year low as Bitcoin’s price surpasses $94,000. The ETH/BTC trading pair fell to 0. 03302 BTC, marking a significant decline from mid-2023 levels above 0.
Switzerland’s Financial Market Supervisory Authority has warned about the risks of money laundering associated with cryptocurrencies. In its 2024 Risk Monitor report, the regulator noted that cryptocurrencies, including stablecoins, are increasingly used for cyberattacks, payments for illegal dark web activities,…
With a focus on crypto’s long-term upside, Sygnum Bank finds institutional investors prioritizing exposure to web3 assets amid global economic uncertainty. High-net-worth investors are showing growing confidence in crypto’s long-term potential, driven by portfolio diversification needs and macroeconomic hedging. According…
Bitwise has launched the world’s first Aptos Staking exchange-traded product, offering staking rewards of approximately 4. 7% net of fees. Aptos (APT) soared 20% to $12. 9 on Tuesday, Nov. 12, after U.
Despite the substantial growth of crypto prices in recent years, Switzerland remains wary of virtual currencies, said Swiss National Bank Chairman Martin Schlegel. The Swiss National Bank remains cautious about crypto as Chairman Martin Schlegel stressed on Thursday, Nov. 7,…