21 Jun 2022 1 minute read 0 comments 1securemf
Custodian Insurance and Celsius A quick glance at the cost of coverage shows that Nexus Mutual was (rightfully) dubious of Celsius from the beginning. The cost of cover for the majority of custodians is a mere 2.6%, not just for centralized exchang...
5 Dec 2021 1 minute read 0 comments グルスキー (gursky)
Using the power of Ethereum, people can share risks without the need for insurance companies. It's a decentralized alternative to insurance. Anyone can become a member and purchase coverage. Addresses the issue of smart contract vulnerabilities, prov...
8 Feb 2021 7 minute read 0 comments Orageux101
What is Nexus Mutual? Nexus Mutual is a mutual insurance platform built on Ethereum. It aims to replace the modern-day insurance model which involves the insured party paying a premium to the insurer in exchange for the insurer’s promise to give comp...
6 Jan 2021 12 minute read 0 comments VLK
Introduction For a long time I split my DeFi investments across many projects. I tend to HODL and like to stay involved in the projects I invest in. About 5 weeks ago Badger Finance launched. I had been waiting for a day 0 project to get involved i...
17 Dec 2020 1 minute read 8 comments Abhimanyu Krishnan
The hacker who targeted Nexus Mutual CEO Hugh Karp and stole $8.3 million has asked for a ransom of 4.5k ETH, or around $3 million, according to a message embedded in the Ethereum transaction. The embedded message reads “Hello Hugh. I will not sell...
17 Dec 2020 1 minute read 1 comment favicon
Source: https://twitter.com/bneiluj/status/1339129283315425280 Source: https://etherscan.io/tx/0xcc931f47a1849d060f1e9ac38a4fe16aec728c968a75dd9115852c6db3568985 Here's a comment I wrote earlier on this topic it's the sad state of Ethereum apart...
17 Dec 2020 1 minute read 0 comments mummyrio
This sounds funny to me. The attacker of Nexus Mutual asks for ransom after he stole the money. The hacker has cash out into ether worth 2.6 million USD. I just wonder How a CEO of crypto start up send his asset via compromised version of metamask. I...
15 Dec 2020 1 minute read 2 comments Abhimanyu Krishnan
On Dec. 14, DeFi insurance platform Nexus Mutual (NXM) revealed that the personal address of founder and CEO Hugh Karp was hacked for $8 million. Karp’s hardware wallet address was attacked on early Dec. 14 by a member of the Nexus Mutual platform;...
14 Dec 2020 1 minute read 0 comments Crypto Cartography
1) MAINSTREAM CRYPTO NEWS MassMutual invests in BTC. https://www.coindesk.com/massmutuals-bitcoin-investment-marks-adoption-milestone-jpmorgan Bitcoin advertisements are in the London Underground. This follows Hong Kong's lead. https://www.coindesk....
30 Nov 2020 1 minute read 2 comments Hamminy
So I see a new feature on Cream.finance — a link that lets you buy insurance directly from Nexus Mutual. Interesting. But when I clicked the button, this is what I saw. Excuse me? I thought this was defi. Tell me again why I need to KYC to get prote...
