Crypto kidnappings are surging worldwide, forcing insurers to step up and offer specialized coverage. Driven by increased incidents like those in New York and Paris, insurance companies are […]
Insurance Firms Target Crypto Investors Seeking Protection From Violent Attacks
With reports of physical attacks targeting cryptocurrency investors on the rise, insurance firms are preparing to offer specialized kidnapping and ransom (K&R) policies specifically for digital asset owners. […]
Polish Insurance Giant PZU Launches Regulated Bitcoin Fund
PZU, a leading Polish insurance company, has entered the cryptocurrency market with the launch of a regulated Bitcoin fund. The fund, offered through its investment firm TFI PZU, […]
New Ethereum Insurance Policy Addresses Cybersecurity Concerns
A new insurance policy from IMA Financial and Chainproof aims to boost institutional confidence in Ethereum staking by providing slashing coverage and a guaranteed minimum annual yield. The […]
Betelgeuse Trade Secures $500 Million in Insurance for Digital Asset Protection
UK-based cryptocurrency exchange Betelgeuse Trade has announced a significant insurance policy, securing $500 million USD in coverage from Lloyd’s of London, one of the world’s oldest and most […]
Betelgeuse Trade Secures $500 Million in Insurance Coverage for Digital Assets
London, United Kingdom – May 21st, 2025 – Cryptocurrency exchange Betelgeuse Trade has announced it has secured a significant insurance policy to protect user assets against threats like […]
ALL4 Mining Introduces Insured Crypto Mining Plans, Aiming to Enhance Security
ALL4 Mining has unveiled new fixed-income crypto mining plans, boasting insurance backing from AIG, a move aimed at bolstering investor confidence in the volatile cryptocurrency market. This initiative […]
UAE Leads the Way: Central Bank Approves Web3 Insurance Solutions
The United Arab Emirates (UAE) has made a significant step forward in blockchain adoption by approving Web3 insurance solutions, marking a groundbreaking moment for the region’s financial sector. […]
Travelers Companies Report Strong Q1 2025 Despite California Wildfires
Travelers Companies, Inc. defied expectations in its first quarter 2025 financial results, defying challenges posed by the tragic January 2025 California wildfires. This article analyzes the company’s performance […]
Ethena Labs Partners with Re to Introduce Real-World Stablecoin Reinsurance
Ethena Labs, renowned for its Ethereum-based synthetic dollar protocol, has forged an exclusive partnership with Re, a leading blockchain reinsurer. This collaboration enables users to stake their tokens […]
Meanwhile Raises $40 Million to Expand Bitcoin Life Insurance
A new funding round of $40 million has propelled Meanwhile’s expansion plans, allowing the company to bring its innovative Bitcoin-based life insurance products to a global audience. The […]
AI Insurtech Ominimo Raises $11 Million, Valued at $220M
Ominimo, a Polish AI-powered insurtech startup, has secured a €10 million funding round led by Zurich Insurance Group. This investment, valuing the company at €200 million ($220 million), […]
EIOPA Proposes Full Capital Reserves for Crypto Holdings in Insurance Sector
The European Insurance and Occupational Pensions Authority (EIOPA) is proposing that insurance companies fully back their crypto investments with capital reserves, a significant shift in regulatory landscape. The […]
EIOPA Mandates 100% Crypto Reserve Requirement for Insurers
The European Insurance and Occupational Pensions Authority (EIOPA) proposes that insurers holding crypto assets must maintain a full 100% capital reserve backing these investments. This recommendation, issued on […]