Insurance

why-the-service-industry-needs-blockchain,-explained
Posted by | November 11, 2023
Why the service industry needs blockchain, explained

The need for blockchain technology in the service industry Blockchain technology has the potential to completely transform the services sector by improving efficiency, security and transparency.  Blockchain technology reduces the...

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coinbase-backed-insurance-alternative-opencover-debuts-on-layer-2-blockchain-base
Posted by | September 7, 2023
Coinbase-Backed Insurance Alternative OpenCover Debuts on Layer 2 Blockchain Base

OpenCover, a distributor of decentralized insurance aimed at cryptocurrency and Web3 platforms, has gone live on Base, the Ethereum overlay blockchain built by Nasdaq-listed U.S. crypto exchange Coinbase (COIN). The...

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fdic-plans-to-return-$4b-in-signature-crypto-deposits-‘by-early-next-week’-—-martin-gruenberg
Posted by | March 29, 2023
FDIC plans to return $4B in Signature crypto deposits ‘by early next week’ — Martin Gruenberg

The Treasury Department's Under Secretary for Domestic Finance Nellie Liang said at the same hearing she didn’t believe crypto “played a direct role” in the failure of the banks. 319...

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fdic-plans-to-return-$4b-in-signature-crypto-deposits-‘by-early-next-week’-—-martin-gruenberg
Posted by | March 29, 2023
FDIC plans to return $4B in Signature crypto deposits ‘by early next week’ — Martin Gruenberg

The Treasury Department’s undersecretary for domestic finance, Nellie Liang, said at the same hearing she didn’t believe crypto “played a direct role” in the failure of the banks. 1818 Total...

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top-us-regulator-tells-banks-to-police-crypto-companies-over-misleading-deposit-insurance-claims
Posted by | August 1, 2022
Top US Regulator Tells Banks to Police Crypto Companies Over Misleading Deposit Insurance Claims

The Federal Deposit Insurance Corporation (FDIC) is telling banks to keep an eye on crypto companies and any potential deceptive deposit insurance claims. In a new advisory note, the FDIC...

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harti-and-mitsui-sumitomo-roll-out-nft-insurance-coverage-for-claims
Posted by | July 26, 2022
HARTi and Mitsui Sumitomo roll out NFT insurance coverage for claims

The company said the move intends to cover all NFTs listed on the HARTi platform with no cost to the seller. 202 Total views 5 Total shares As announced on...

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insurance-protocols-are-paying-out-millions-to-ust-holders
Posted by | May 13, 2022
Insurance protocols are paying out millions to UST holders

Insurance DeFi insurance is saving millions of dollars for users who decided to take out cover against a UST de-peg 2 min readUpdated: May 14, 2022 at 3:34 am Cover...

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question-of-centralization-faces-growing-crypto-insurance-industry
Posted by | May 9, 2022
Question of centralization faces growing crypto insurance industry

Cryptocurrency markets have been maturing over the last few years, making demand for crypto insurance solutions larger as more advanced players dip their toes into the nascent ecosystem.Investopedia reports that...

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us-mortgage-lender-dumps-bitcoin-plans-just-two-months-after-pilot
Posted by | October 18, 2021
US mortgage lender dumps Bitcoin plans just two months after pilot

Bitcoin · Dogecoin · Ethereum › BankingThe second-largest mortgage lender has scrapped its plan to accept payments in BTC citing regulatory uncertainty in the crypto space. Juhi Mirza · October...

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crypto-scams,-defi-hacks,-and-rug-pulls:-why-the-crypto-industry-needs-insurance-tech
Posted by | July 30, 2021
Crypto scams, DeFi hacks, and rug pulls: Why the crypto industry needs insurance tech

Guest Post › InsuranceWhen you have even just $100 in a liquidity pool, you dread the day you awake to it being gone. Jonathan Libby · July 30, 2021 at...

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