Nexus Mutual – DIGIT INFO

Crypto insurance a ‘sleeping giant’ with only 1% of investments covered

DIGIT — Mon, 12 Sep 2022 05:58:11 +0000

With over $2 billion lost in decentralized finance this year, there exists a huge market opportunity for crypto insurance providers, according to an executive.

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DeFi coverage protocol expands protection against centralized exchange hacks

DIGIT — Tue, 12 Jan 2021 13:18:14 +0000

Nexus Mutual is now allowing users to cover their centralized exchange accounts.

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The Nexus Mutual hacker is now asking for a $2.6M ransom

DIGIT — Wed, 16 Dec 2020 12:20:10 +0000

Attacker demands ten times the $300,000 bounty offered after apparently laundering a third of the stolen loot.

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Defi Protocol Founder Tricked, Hacked for $8 Million in Personal Funds

DIGIT — Wed, 16 Dec 2020 06:00:52 +0000

Nexus Mutual founder and chief executive officer Hugh Karp’s personal wallet address has been hacked for more than $8 million. The attacker, a member of the Nexus defi protocol, tricked Karp into signing a transaction that transferred funds to the hacker’s own address. The attacker gained remote access to Karp’s computer and modified his Metamask […]

The post Defi Protocol Founder Tricked, Hacked for $8 Million in Personal Funds appeared first on Bitcoin News.

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Founder of DeFi protocol Nexus Mutual gets hacked for $8M

DIGIT — Mon, 14 Dec 2020 12:36:48 +0000

The protocol is safe, but its founder lost his stash of 6% of all tokens.

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