Nayms, a blockchain-based tokenized insurance marketplace, has become the latest participant of Cointelegraph Accelerator.
Insurance News
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DApps handle user assets through on-chain transactions, making projects with vulnerabilities in their governing smart contracts susceptible to critical risks.
12248A Web3/AI-powered insurance platform focused on disrupting the insurance industry by integrating NFTs and DeFi to deliver a decentralized global insurance platform.
13178The FDIC said the last significant update of its sign and ad rules was in 2006, but it needed to address concerns including “misrepresentations of deposit insurance coverage.”
3331The closed fund will offer investors a 5% yield in Bitcoin and lend funds in BTC to institutions.
15854The service industry needs blockchain for enhanced security, transparency and efficiency in managing transactions, contracts and customer data.
SBF has directors and officers coverage through FTX Trading parent Paper Bird, but now that two companies have paid out $10 million, the third in line is balking, the suit claims.
16181The insurer attached an exclusion saying that any losses, damage, claim, occurrence or lawsuit related to NFTs are not covered by the policy.
2715How can DeFi insurance protocols help combat the current vulnerabilities in decentralized platforms?
20003Crypto insurance underwriter Evertas will increase coverage limits to $420 million per policy while adding additional mining coverage.
3470A crypto insurance provider will typically assess at least 2,000 variables across 20 risk areas before they even consider insuring a platform, according to an insurance executive.
10175According to Accenture, 40% of working hours across various industries could be lost to AI as tools like ChatGPT continue to improve.
8444The creditor’s committee and FTX lawyers have raised several objections to Sam Bankman-Fried’s request. A hearing date is set for April 12.
14362The 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.
15737Ninety percent of all DeFi insurance claims paid out since inception were distributed in 2022, according to OpenCover.
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