coverage – DIGIT INFO

Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

DIGIT — Thu, 30 Mar 2023 21:05:00 +0000

Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover the losses of the debtors. FTX Debtors and Unsecured […]

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Nexus Mutual moves to sundown legal entity, lift KYC requirements

DIGIT — Fri, 23 Apr 2021 18:30:18 +0000

By transitioning to a fully DAO-governed model, Nexus could expand its userbase and iron out tokeneconomic friction.

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Oasis Foundation announces implementation of Tidal DeFi insurance platform

DIGIT — Sat, 10 Apr 2021 15:38:43 +0000

A renewed focus on DeFi could drive traffic for the Oasis Network.

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Major Korean Insurer to Offer Crypto Exchanges Insurance for Hacking Damages

DIGIT — Fri, 07 Sep 2018 00:10:14 +0000

A major South Korean insurance company reportedly will start offering cryptocurrency exchanges insurance aimed at compensating for damages caused by hacking, according to local media. Currently, few crypto exchanges in the country are insured and hacking damages are not covered. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Introducing Hacking Insurance A […]

The post Major Korean Insurer to Offer Crypto Exchanges Insurance for Hacking Damages appeared first on Bitcoin News.

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