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Cryptocurrency News From Japan: May 10 – May 16 in Review

Benjamin Pirus 1 hour ago Cryptocurrency News From Japan: May 10 - May 16 in Review SBI Holdings started a joint venture fund with Redstone Digital, BitFlyer exchange aired a commercial, and more headlined news from Japan this past week. 3099 Total views 54 Total shares Listen to article 0:00 News..

Major Polish Insurance Company Taps Blockchain for Its Paperwork

Stephen O'Neal 18 hours ago Major Polish Insurance Company Taps Blockchain for Its Paperwork Polish insurance company Link4 teams up with blockchain startup Coinfirm to use a DLT-powered tool for document management. 5989 Total views 104 Total shares Listen to article 0:00 News Polish insuran..

Civic Wallet Now Offers $1M ‘FDIC-Like Insurance’ for Crypto

News Civic Wallet is a multi-signature non-custodial wallet that now comes with a $1,000,000 guarantee from Coincover. Civic Technologies (CVC) has been known in the crypto space as one of the leading providers of decentralized identity and is now purportedly the first company to offer a non-custo..

Maze Hacker Group Claims Infecting Insurance Giant Chubb with Ransomware

News Black hat hacker group, Maze, claims to have used ransomware to compromise the systems of insurance giant, Chubb. They also claim to have stolen the firm’s data. Brett Callow, threat analyst at cybersecurity firm, Emsisoft, told Cointelegraph on March 27 that Maze published the claim on its w..

BitMEX Defends Insurance Fund Being ‘Barely Used’ in BTC Price Crash

Markets News Bitcoin (BTC) derivatives exchange BitMEX continues to field criticism after attempting to explain a mass liquidation event during which BTC/USD crashed 60%. In a blog post on March 23, BitMEX addressed what it says were “a number of questions” from traders since the event occurred el..

Attestiv CEO on Using DLT to Fight Fake News, Insurance Fraud, and Deep-Fakes

Interview On March 18, Attestiv, a firm combating digital fraud and deep-fakes using blockchain technology, announced that it had secured funds exceeding $2 million in a seed offering. Cointelegraph recently spoke to Attestiv’s CEO, Nico Vekiarides, to analyze his thoughts on blockchain’s role in ..

Cryptocurrency Custodian BitGo Expands Crypto Insurance Policy

News Cryptocurrency custodian BitGo now offers insurance for the assets it holds in excess of its $100 million coverage limit. According to an announcement on March 18, BitGo is the first crypto asset custodian to allow its customers to purchase an excess limit above its standard policy. Over $100..

Bitcoin, Not Governments Will Save the World After Crisis, Tim Draper Says

News Amid some notable recovery of Bitcoin (BTC) after a number of subsequent market crashes last week, billionaire investor Tim Draper delivered another optimistic forecast about Bitcoin. In a March 16 interview with 415 Stories podcast, Draper outlined decentralization powered by Bitcoin and oth..

BitMex Insurance Fund Tags ATH, Binance and Deribit Inject Millions

News The March 13 crypto market meltdown ravaged cryptocurrency companies across the industry, sparking a MakerDAO debt crisis and causing millions to be deployed from the insurance funds of exchanges Binance and Deribit. In spite of the widespread carnage, the insurance fund of leading derivative..

Bitcoin Insurance Funds Take a Beating as Markets Rout

News Amid global market mayhem, several major Bitcoin (BTC) and crypto insurance funds are showing signs of severe strain. As of March 13, Bitcoin derivatives exchange Deribit recorded a shocking slide in the balance of its Bitcoin insurance fund, down from 391 BTC to 183 BTC (-53%) within a span..

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