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Insurance

Crypto News
April 10, 2021

Oasis Foundation announces implementation of Tidal DeFi insurance platform

The Oasis Foundation, an offshoot of Oasis Network developers Oasis Labs, announced in a blog post on Friday that decentralized finance (DeFi) insurance and coverage provider Tidal Finance will be implementing a version of their…

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Crypto News
April 9, 2021

NYDIG raises $100 million and launches 'Bitcoin-powered' insurance initiative

New York Digital Investment Group announced the completion of a growth capital funding round as well as the launch of a business initiative relating to Bitcoin. In an announcement today, the New York Digital Investment…

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Crypto News
March 5, 2021

‘Better as friends’: DeFi protocols Yearn and Cover announce cessation of merger

Decentralized finance (DeFi) protocols Yearn Finance and Cover have announced today the end of a protocol merger process initiated in November last year.  The two protocols were initially linked during a spree of a half-dozen…

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Crypto News
March 4, 2021

Unslashed Finance raises $2M for crypto insurance platform

Unslashed Finance, a decentralized insurance protocol built on Ethereum, has raised $2 million to fund its tokenized insurance product, highlighting another positive use case for blockchain technology.  The funding round, which was led by Lemniscap,…

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Crypto News
February 28, 2021

3 reasons why Reef Finance, Bridge Mutual and Morpheus Network are rallying

As new institutional and retail investors enter the cryptocurrency space on a daily basis, large-cap top performers like Bitcoin (BTC) and Ether (ETH) attract the lion’s share of investor’s attention as they are the well-known…

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Crypto News
February 5, 2021

Whitehat hacker receives $1.5M bug bounty after patch pumps token price

A whitehat hacker has seen what was already one of the largest smart contract-related bug bounties ever awarded more than double, after the ARMOR token price pumped following the announcement of his reward. On Feb….

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Crypto News
January 10, 2021

Proposal seeks to overhaul Aave’s $375 million Safety Module

In a largely celebratory community call devoted in part to commemorating lending protocol Aave’s January 8th “Aaveversary” — a full year of Aave on Ethereum mainnet — there was also a look into Aave’s possible…

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Crypto News
January 9, 2021

Chamath Palihapitiya sees Bitcoin as insurance against uncertainty

Bitcoin’s (BTC) price has risen dramatically over the past days and weeks, recently wheeling past $40,000. An asset largely untied to governmental authority, Bitcoin is a hedge against global uncertainty, according to venture capitalist and…

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Crypto News
December 19, 2020

The importance of decentralized oracles: Interview with Sergey Nazarov

Chainlink co-founder Sergey Nazarov believes that increasing the decentralization and scalability of oracle technologies are key to ensure trust in the DeFi ecosystem. Oracles play a key role in the correct functioning of DeFI protocols…

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Crypto News
December 14, 2020

MassMutual Bitcoin purchase proves crypto demand is rising, JPMorgan says

MassMutual’s $100 million Bitcoin (BTC) purchase shows that the demand for cryptocurrency will be growing further, according to strategists at major investment bank JPMorgan. In an investor note on Dec. 11, JPMorgan strategists including Nikolaos…

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