News
Tosei real estate and Tokyo Financial Holdings issued an asset-backed digital financial product, Coinage registered with Japanese authorities as an exchange and more headlined news from Japan this past week.
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Insurance News
Insurance is a procedure of making individuals financially protected against losses occuring in the event of some damaging accident. Most insurance policies for individuals are homeowners, health, auto and life insurance. There are also insurance policies for businesses and financial institutions against specific types of risks that are inherent in the industry. Insurance is an important institute for the modern world that helps people be more willing to take risks in business by giving them the assurance of protection from various events in daily life. Different technologies may be used to improve the current state of this procedure. Blockchain-based insurance may help validate contracts and blockchain insurance startups are working on smart-contracts for forcing the execution of it’s terms. The blockchain insurance industry is a rapidly-growing segment of the fintech industry and is gathering a lot of attention from investors.
- News
South Korean insurance giant KB Insurance plans to implement a blockchain-enabled mobile message delivery system for its clients.
4271 - News
SBI Holdings started a joint venture fund with Redstone Digital, BitFlyer exchange aired a commercial, and more headlined news from Japan this past week.
4550 - News
Crypto.com has secured what it claims is the largest insurance coverage in the industry, following a surge in new users and volumes over recent months.
10951 - News
Polish insurance company Link4 teams up with blockchain startup Coinfirm to use a DLT-powered tool for document management.
6799 - News
Civic Wallet is now offering “FDIC-like insurance” for cryptocurrency holdings worth up to $1,000,000.
2713 - News
Black hat hacker group claims to have compromised an insurance giant with ransomware.
8003 - Markets News
Almost two weeks after its nightmare liquidation streak, BitMEX still faces suspicions over its business practices, particularly during the recent Bitcoin price crash.
3096 - Interview
Cointelegraph spoke to the CEO of Attestiv on his company’s recent $2M raise, deep-fakes, and the role of blockchain in combating fake news.
1982 - News
Cryptocurrency custodian BitGo now offers insurance for the assets it holds in excess of its $100 million coverage limit.
2195 - News
“When the world comes back, it will be Bitcoin, not banks and governments that save the day,” famous investor Tim Draper said.
23174 - News
BitMex appears to have emerged from the recent market meltdown stronger than ever, with the exchange’s insurance fund quickly jumping back into all-time highs.
4364 - News
Amid global market mayhem, several major Bitcoin and crypto insurance funds are showing signs of severe strain.
5628 - Follow up
Insurance protection for online crypto wallets is finally on the market, but at what cost?
2377 - News
Lloyd’s now provides a new type of liability insurance policy aimed to cover losses fo cryptocurrencies stolen from hot wallets.
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