Insurance

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What is a cover protocol and why is it unique?

23 Dec 2020 1 minute read 2 comments arro

About COVER Protocol   COVER Protocol ($COVER) is a peer to peer coverage market for DeFi (decentralized finance). It allows DeFi users to be protected against smart contract risk, stabilizes DeFi space by instilling confidence and trust between pro...

Nexus Mutual Hacker Wants 10x in Ransom

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...

Awesome news for Tron Chain community !

1 Dec 2020 1 minute read 3 comments Deamonia

Hello guys, yesterday afternoon Andreas K. announce 2 big news on the YouTube channel of Eclipcity, for the Tron Chain community. They will be adding a free mining UME pool for task done by Tron Chain community. What that mean ? Every week they will...

Yearn Finance and Cover Protocol Will "Work as One" Following Merger

30 Nov 2020 1 minute read 3 comments Abhimanyu Krishnan

The Yearn.Finance (YFI) and Cover Protocol (COVER) projects have announced a merger that will see the two teams' development agendas work in tandem, according to a blog post published on Nov. 28. Andre Cronje, founder of Yearn.Finance, said that the...

P2P Insurance Network Cover Protocol Executes Claim for Pickle Finance Hack

25 Nov 2020 1 minute read 0 comments Abhimanyu Krishnan

Decentralized insurance coverage network Cover Protocol announced on Nov. 24 that its users had successfully agreed to payout a coverage for the Pickle Finance hack that occurred on Nov. 23. Cover Protocol will cover some of the funds from the $20 m...

Why to hold CIVIC (CVC)?

21 Nov 2020 1 minute read 0 comments Stat1c

Everyone is asking why we should hold civic token? Here is the answer for you guy's! Civic is not only a wallet token but it also has a future functionality it is also  Governed by a staking mechanism designed to ensure compliance and good behavior w...

This Indian company launched insurance against online scams

14 Oct 2020 1 minute read 3 comments Blindworld

Recently India's reputation was tarnished across the world after news about scam call centers operating in-country broke out. but now one of the countries to insurer launched a new policy in partnership with an e-commerce platform. On paying a premiu...

Top Things You Should Know About Nexus Mutual (NXM)

29 Sep 2020 8 minute read 8 comments MuyAsk

Hey guys :) I’m back with another comprehensive Q&A piece, this time for the decentralized insurance protocol – Nexus Mutual (NXM). Built on Ethereum, Nexus Mutual is an open platform that lets DeFi users pool and share risk through a community-owned...

Decentralized Insurance. Part 3: World Computer

20 Aug 2020 2 minute read 0 comments Highbridge.io

Futurama meant the Blockchain? Part 1: Why Decentralized Insurance Part 2: Self-sovereign risk “Ethereum 1.0 is a couple of peoples’ scrappy attempt to build the world computer; Ethereum 2.0 will actually be the world computer.” Vitalik Buterin, 20...

Yearn.Finance Announces Tokenized Insurance Platform Yinsure

18 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

On August 17, yield farming platform Yearn.Finance unveiled a new tokenized insurance platform called Yinsure, “a prototype for a new kind of tokenized insurance.” Platform has 3 core components: insurer vaults, insured vaults and claim governance L...