Cryptocurrency Analysis and News Portal
As part of China’s efforts to expand the scope of its upcoming central bank digital currency (CBDC) project, the city of Shenzhen has issued the country’s first digital yuan insurance policy. Insurance Policy with Digital Yuan In a report by Global Times on Tuesday (July 21, 2021), the Shenzhen branch of the
Read More
An insurance collaboration between decentralized protocol Etherisc and microinsurance issuer ACRE Africa has allowed thousands of farmers in Kenya to receive coverage for weather-related risks.Etherisc and ACRE Africa said they had processed insurance payouts for some of the more than 17,000 smallholder farmers in Kenya covered under the collaboration. The
Read More
UnoRe aims to be the missing piece that unlocks the enormous potential of decentralization within the reinsurance industry. According to aggregator DeFi Pulse, the DeFi space went from around $600 million in total locked value to over $57 billion in just over a year. The explosive
Read More
The Linux Foundation, the nonprofit technology consortium that supports the Linux operating system, is backing a new blockchain-based project for the insurance industry.On Monday, the foundation announced the launch of the Open Insurance Data Link platform, a project that aims to reduce the cost of insurance reporting and create a standardized insurance
Read More
Since entering the market, Soteria has been committed to protecting the safety of BSC projects, while constantly stimulating the ecological construction of BSC.Soteria, an insurance project on Binance Smart Chain (BSC), officially launched its governance function on April 6. The project provides detailed rules for hundreds of subdivisions under 15
Read More
Next Insurance has so far raised a total of $875 million from private investors who have participated in various funding rounds. Online insurance company Next Insurance has raised approximately $250 million in a funding round that has brought its valuation to approximately $4 billion. Next Insurance focuses on small businesses and
Read More
Bancor has released a status report for its v2.1 decentralized exchange upgrade, covering the performance of its decentralized exchange over the last three months.According to the document, the total liquidity increased by almost 100%, resulting in the platform earning about $1.12 million in cumulative swap fees.Bancor’s report noted that the
Read More
Nexus Mutual, a startup that provides a decentralized alternative to insurance, is extending its community-based offering to cover users of well-established cryptocurrency exchanges such as Coinbase, Binance, Kraken and Gemini.Until now Nexus, which uses digital tokens to revamp the traditional idea of mutual cover, was only focused on the world
Read More
Bitcoin’s (BTC) price has risen dramatically over the past days and weeks, recently wheeling past $40,000. An asset largely untied to governmental authority, Bitcoin is a hedge against global uncertainty, according to venture capitalist and billionaire Chamath Palihapitiya.Citing a possible five or 10-year time horizon, Palihapitiya said he thinks Bitcoin
Read More