Web1 day ago · Sam Bankman-Fried, the embattled founder of FTX, failed in his bid to potentially tap up to $10 million worth of the failed crypto trading platform’s insurance policies for … Web20 hours ago · Bitrue has two insurance wallets, with assets just under $23 million. It is not clear whether this was the only Bitrue’s hot wallet. Hacks are proving to be stunningly common in the crypto industry. The latest hack of a centralized exchange raises questions about its security and risk management practices.

Major Hack Hits South Korean Exchange GDAC, $13.9M Stolen

WebJun 10, 2024 · Earlier this year it said it has been lending its foreign exchange technology to a start-up called Pure Digital, an interbank digital currency trading venue that aims to be … Web2 hours ago · News and analysis about the legislative, legal and insurance market issues that affect workers compensation managers, as well as strategies for reducing comp … eartha lit

Bitrue Hack Raises Questions About Security - DailyCoin

WebCryptocurrency insurance protects cryptocurrency like Bitcoin, Ethereum etc ... That's why in addition to security, those in the cryptocurrency business, i.e., exchanges, wallets, and crypto traders, are advised to invest in cryptocurrency insurance. Cryptocurrency is an easy and very attractive target for criminals, mainly because it is easy ... WebFeb 13, 2024 · BitGo, a digital asset provider for exchanges and retail cryptocurrency companies, has a $250 million dollar insurance policy to protect the assets under its … WebDigital assets and cryptocurrencies are perceived to have heightened exposures including: regulatory uncertainty; theft of corporate or customer assets; high volatility; limited loss history data; etc. These unique exposures require innovative risk-transfer solutions. Key solutions and capabilities for digital assets and blockchain include: earth alive clean