Insurance – Page 3

The FDIC wants US banks to report on current and intended crypto-related activities

The U.S. bank insurer has concerns over the ability of the institutions it supervises to assess crypto risks adequately, and it’s none too sure about its own abilities.

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Lemonade partners with blockchain bigwigs to combat climate change

The coalition will release a decentralized application to help farmers make or receive payments using crypto.

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Cryptocurrency Insurance: How to Protect Your Crypto

One of the biggest criticisms you’ll hear about bitcoin and other cryptocurrency is how risky it is. Still, if you got in early enough, chances are that you have made a pretty penny in the markets. Now that you have made some significant gains in the cryptocurrency markets, what will be your next move? It would be a huge loss if all of your earnings were lost or stolen. Let’s learn more about how cryptocurrency insurance may be just the think that you need. It may be hard to believe, but it is estimated that over 1,500 bitcoins will be

The post Cryptocurrency Insurance: How to Protect Your Crypto appeared first on The Merkle News.

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US lawmaker introduces bill for government-backed insurance of ‘qualified’ stablecoins

“For cryptocurrency to grow and thrive here in the United States, instead of overseas, we must provide more direction and certainty to the marketplace to help boost innovation and protect consumers,” said Josh Gottheimer.

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Binance user protection insurance fund reaches $1B valuation

Binance started the Secure Asset Fund for Users (SAFU) in 2018 by allocating 10% of the trading fee.

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Revolut Launches Banking Services in Spain Featuring Deposit Insurance

Revolut, a leading fintech platform and neobank, has received a special banking license to operate in Spain. User deposits are now insured up to €100K, with the coverage being provided by Deposit and Investment Insurance, a Lithuanian state company. The company, which now has over 800,000 customers in Spain, expects to grow its userbase with […]

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Insure Your Cryptocurrency Against Scams and Fraud with inSure DeFi

With the nature of cryptocurrency markets, there’s no way to stop scams and rug pulls. For many new crypto enthusiasts, one of their first experiences will be losing their cryptocurrency to a scam project. The good news is, traders now have the option of insuring their bags against fraud and drastic devaluations. Today we’re taking a look at inSure DeFi, a world-first DeFi Insurance System. What Is inSure DeFi? inSure DeFi describes itself as a world-first DeFi insurance system with staking power. Its goal is to provide stability and protection to the crypto world, helping investors avoid scams and drastic

The post Insure Your Cryptocurrency Against Scams and Fraud with inSure DeFi appeared first on The Merkle News.

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Blockchain Industry to Surpass $67 Billion by 2027: Fintech Report Names 2021’s Most Influential Blockchain Companies

Financial technology (fintech) has exploded during the last two years and cryptocurrency and blockchain firms have bolstered the billion-dollar industry. A recently published study by Utility Bidder indicates that the industry is predicted to surpass $382 billion by 2027. Moreover, fintech firms that are blockchain-specific are projected to be worth over $67.4 billion by 2027. […]