African insurer won’t work with ‘high-risk’ cryptocurrency mining businsesses

African insurer won’t work with ‘high-risk’ cryptocurrency mining businsesses
фото показано с : thenextweb.com

2019-6-13 13:41

We all know that banks make it difficult for blockchain businesses by denying them access to conventional banking services and accounts. Well now, it seems insurance firms are throwing a spanner in the works for cryptocurrency mining businesses in Africa.

Old Mutual Insure, a pan-African insurance firm, is opting out of insuring the computer equipment used by cryptocurrency mining firms, a local news outlet reports. The insurance firm has taken the decision to refuse insurance, citing the unregulated nature of the industry, and that cryptocurrency is often associated with cybercrime as the main reasons. What’s more, as cryptocurrency mining farms…

This story continues at The Next Web

.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Global Cryptocurrency (GCC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.002857 (-100%)

cryptocurrency insurance mining businesses firms firm reports

Источник: thenextweb.com

cryptocurrency insurance → Результатов: 124


Фото:

Quadriga CX Fiasco Highlights the Need for Crypto Insurance

A startup by the name of BitGo Inc. could be the answer to the menace of losing private keys of cold-storage crypto wallets, reports Bloomberg, February 19, 2019. Can too Much Safety Be Fatal? The recent fiasco surrounding the death of the CEO of Canadian cryptocurrency exchange Quadriga CX has rekindled questions regarding the safetyRead MoreRead More.

2019-2-21 20:00


BitGo Crypto Asset Custodian Service Ups The Ante With $100 Million Insurance Coverage Via Lloyd’s Of London

BitGo Cryptocurrency Custodian Now Offers Up To $100 Million Insurance Coverage For Digital Assets. BitGo, a California-based digital assets financial services company has announced https. , 2019 it's now offering up to $100 million insurance coverage for all custodial assets that are held by the company reports BusinessWire.

2019-2-20 23:52


Institutional Investors are Already Turning to Crypto: Should You Fear Missing Out?

Two public pensions from Fairfax County, Virginia’s Police Officer’s Retirement System and Employees’ Retirement System, have invested in Morgan Creek’s new $40 million crypto fund. Anthony Pompliano, a Morgan Creek general partner, said that it is the first case in which public pensions have invested in the cryptocurrency market.

2019-2-12 18:28


INZURA ICO

INZURA is the world's first insurance based crypto project where user can claim loss of cryptocurrency in the exchange. Inzura protects the crypto asset and brings trust in the crypto community that not even single user will face loss of crypto in this crypto space anymore.

2019-1-16 19:33


Фото:

China’s Ping An Insurance Firm Partner With Sanya City Authorities to Build DLT-Powered Smart City

Ping An Insurance Group, a highly reputed China-based insurance corporation has joined forces with the Sanya municipal government to develop a “smart city” that would be powered by blockchain technology, artificial intelligence (AI) and other new technologies,” according to a local news source, People’s Daily on November 14, 2018.

2018-11-18 00:00


Фото:

New Exchange Security Scoring Model Offers Insurance Rates for Coin Holders

International cybersecurity solutions provider Group-IB has come up with a scoring model to grade crypto exchanges based on their level of security. The scoring model was created by Group-IB in conjunction with Swiss-based Cryptolns (which is operated by Swiss insurance broker APIS AS), and the grading is intrinsic to CryptoIns’ new cryptocurrency exchange insurance, which will allow exchange users to cover up to 15 BTC worth of digital assets held in their exchange accounts.

2018-11-13 00:43


Фото:

carVertical Unveils CarVertical.CITY, Its New Automatic Parking App That Uses IOTA

carVertical is increasingly establishing itself as a serious contender in the market of connected vehicles. In fact, through building an immutable car registry and enabling buyers, owners and insurance companies to have access to authentic information about a given vehicle, the young Lithuanian startup has already shown scalability promises for the near future.

2018-11-12 15:29


дальше еще 75 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

BNB beacon chain testnet upgrade to go live in January

BNB beacon chain testnet is set to undergo a hard fork upgrade dubbed Einstein next week. It requires all node operators to update their software before the process begins. Einstein upgrade to go live in January The largest crypto exchange…