Credit: EdZbarzhyvetsky of Depositphotos In most jurisdictions around the world, the banks provides some kind of insurance protection, usually against theft, for its clients’ fiat money in the bank. Although

In this news article, "cryptoinsurance" is used to mean any kind of liability insurance that is issued to cover the liabilities of a crypto firm, be it exchanges, dealers, brokers, custodians, tech advisors

Although the heading of the article reads, "................ - Crypto Insurance May Soon Become The Norm", there is nothing in the article to show that it would. The fact that some crypto companies

Gemini forming a captive insurance company to underwrite its own risks is a wise move given the difficulties in getting the desired coverage from the traditional insurance market. Since Gemini's risk

As much as an insurance company is obliged to pay a legally admissible claim, it is also obliged to reject claims that are legally inadmissible It must be remembered that almost all insurance coverage

This is a poorly reported news or misleading product information by Coincover and BitGo. It says there is an insurance but it appears that no traditional insurance coverage is provided. What seems

Insurance is a form of risk management where the insured party transfers the risk it faces onto an insurance company in consideration of some money payment called premiums. In consideration of the

The first thing to note is this insurance does not cover the users of Ledger Nano X, Ledger Nano S and Ledger Nano IOT. It only covers the users of Ledger Vault. Next it is not clear whether the $150

The salient points of this article may be summarized as follows: Cyber security is still lacking in its effectiveness despite the advances in technology backing the crypto industry. The lack

Arising from this story, these are the issues/points that we ponder on: It is not clear whether the exchange was sued in contract or negligence. The court seem to have held that up to the daily withdrawal

This news report raises several questions. There is no mention of whether the whole of the customer's funds are covered or only a partial amount is covered. It says Coincover provides "Anti-Theft

Although crypto insurance is seeing a rapid growth, the market is still extremely limited in that it only provides coverage to institutions and not individuals. By 'market', we mean reputable insurance

Coinbase is exploring plans to set up its own regulated captive insurance company with the help of broker Aon, sources told CoinDesk. Our Comments: Captive insurance companies have their limitations in

Image by leszekglasner of depositphotos In many jurisdictions around the world, the banks provide some kind of insurance protection, usually against theft, for their clients’ fiat money deposits in the

South African insurance company Old Mutual has refused to insure mining rigs in Africa, making it harder to protect cryptocurrency gear there. One of the main reasons for the refusal to insure mining rigs

Aon insurance broker is again in the news for having arranged an insurance solution for Metaco, the custody solution provider based in Switzerland. Aon was previously in the news for having facilitated

We have now another crypto custodian claiming that it has procured a crypto insurance coverage that is better than its competitors. In a blog post, Nathan McCauley, Co-founder and CEO of Anchorage, says

Platon Finance, focuses on people with little knowledge of cryptocurrencies and gives them the environment in which they can learn about and use cryptocurrencies. To this end, Platon Finance has identified

On May 10, Curv announced insurance partnership with Munich Re, covering up to $50M of digital assets for their customers of institutional wallet service. Since cryptocurrency is a nascent industry, there