Institutional customers storing Bitcoin and other digital assets in GK8’s cold vault will receive up to $1 billion in insurance coverage.
Insurance News
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Martin Gruenberg answered affirmatively to Senator Bob Menendez that there were “no cryptocurrency firms backed by the FDIC” and its coverage did not include crypto “of any kind.”
1518 - News
Martin Gruenberg was the FDIC’s acting chair while the agency issued cease-and-desist orders to crypto firms and suggested that payment stablecoins merited further consideration.
3701 - Analysis
FDIC insurance is highly sought-after by crypto exchanges, lenders, and other service providers. Is it the key to mass adoption?
3531 - Analysis
Blockchains can help to insure the world’s uninsured, but daunting challenges remain: How does one explain crop insurance to indigent farmers?
3271 - Sponsored
This global digital asset company says revenues grew over the first half of 2022 as it built cutting-edge infrastructure and unveiled exciting global partnerships.
2441 - Analysis
Crypto insurance is becoming more important as investors and crypto companies look to secure their digital assets.
3386 - Interview
With over $2 billion lost in decentralized finance this year, there exists a huge market opportunity for crypto insurance providers, according to an executive.
4116 - News
The government agency had previously stated that deposits at non-bank entities, including crypto firms, are not covered by FDIC insurance.
7277 - Sponsored
This insurance protocol offered protection in the event that UST lost its peg to the dollar, and ended up paying $12 million in claims.
5388 - News
The company said the move intends to cover all NFTs listed on the HARTi platform with no cost to the seller.
1406 - News
Of the 328 CFOs and CIOs representing around half of the global insurance industry, 6% responded their firm was either already invested or considering an investment into cryptocurrencies.
2771 - Newsletter
The past week in DeFi saw Uniswap breach $1 trillion trading volume, while WEF 2022 saw Terra at the center of most crypto and DeFi discussions.
3538 - Opinion
Traditional insurance isn’t going to step up and protect our crypto assets, so we need to do it ourselves, in a decentralized manner.
4023 - News
DeFi insurance protocol InsurAce took heat from the community for suddenly shortening its claims period for Terra-related insurance claims, but is already set to pay out $11 million to claimants.
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