Bitcoin New DeFI Banking Insurance in breakdown of centralized CeFI collapse
Bitcoin-the-new-DeFI-banking-insurance-in-CeFi and mainstream people with money are making the transition as the tide turns to crypto adoption. Source link
insurance
USDC Depeg Insurance From Etherisc Hits Market
Decentralized insurance protocol Etherisc on Thursday announced its new peer-to-peer coverage option, meant to potentially cover participating users should USDC...
OpenCover Releases First Industry Report on the State of DeFi Insurance Alternatives
This story was originally published April 19, 2023, 9:00 AM. Source link
Deutsche Bank Shares Plunge, Default Insurance Soars Amid More Banking Panic
Shares in Deutsche Bank – Germany’s largest lender – began to crash on Friday as financial industry fears continue to...
Bitcoin, Ether, Forkast 500 NFT index fall, gold rises, as Janet Yellen rules out broad bank deposit insurance
Bitcoin and Ether fell during Asian trading hours on Friday, along with most of the top 10 non-stablecoin cryptocurrencies by...
DeFi insurance claims amounted to $34.4 million in 2022: Report
Analytics firm OpenCover’s report revealed that DeFi insurance companies paid out $34.4 million in claims in 2022. As per a...
DeFi insurance grew in 2022 to include nearly two dozen providers
Ad Last year was pivotal for decentralized finance (DeFi), particularly in the insurance sector, where a new report suggests that...
US midsize banks seek FDIC Insurance on ‘all deposits’ for 2 years: Report
The Mid-Size Bank Coalition of America (MBCA) has reportedly asked United States federal regulators to extend insurance on all deposits...
Former FTX CEO Sam Bankman-Fried seeks insurance coverage for legal expenses
Sam Bankman-Fried is seeking the court’s assistance in giving priority to the reimbursement of his legal fees. Sam Bankman-Fried, the...
Flash Loans Expose Growing Gap in DeFi Insurance
Permissionless is the brainchild of Blockworks and Bankless. Over 5,500 people attended the inaugural event in 2022, making Permissionless the...