What FTX listed as its “Insurance Fund” was actually a fake amount calculated with the help of a random number…
Browsing: Insurance
OpenCover, a distributor of decentralized insurance aimed at cryptocurrency and Web3 platforms, has gone live on Base, the Ethereum overlay…
The U.S. Federal Deposit Insurance Corp. (FDIC) has issued a cease and desist letter to OKCoin, warning the exchange about…
Defi Insurance market overview While DEXs and lending account for most of the value locked in DeFi, insurance accounts for…
BlockFi’s creditors have claimed that the company used customer funds to buy insurance for $30 million. Customers also argued that…
DeFi With more than $3 billion lost in exploits last year, 2022 proved a significant stress test for the DeFi…
DeFi Flash loan attacks are not common — but their consequences are dire. Most recently, decentralized finance (DeFi) lending and…
The United States Federal Deposit Insurance Corporation (FDIC) has sent a letter to executives of cryptocurrency exchange CEX.IO warning them…
Ad Cryptocurrency exchange CEX.IO has received a cease-and-desist order from the FDIC, as seen in a letter published by the…
A decentralized social network project called Mithril (MITH) was recently delisted from Binance and in return, the crypto project asked…