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Ledger Will Provide its First Crypto Lending Partner YouHodler with Crypto Insurance

Ledger Will Provide its First Crypto Lending Partner YouHodler with Crypto Insurance

FinTech platform and crypto-backed loan service provider YouHodler has selected digital asset wallet provider Ledger Vault to be implemented across its platform, to offer its users an added layer of security and protection.

Hackers Demand $1 Million in Bitcoin Ransom After Hacking Computer Systems of Insurance Firm

Hackers Demand $1 Million in Bitcoin Ransom After Hacking Computer Systems of Insurance Firm

Israeli’s largest insurance company fell victim to hackers this week and must pay huge amounts of funds in cryptocurrency to regain access to its data.

Traditional Financial Giant Lloyd's of London Introduces Cryptocurrency Insurance for Hot Wallets

Traditional Financial Giant Lloyd's of London Introduces Cryptocurrency Insurance for Hot Wallets

Insurance giant Lloyd’s has launched a new insurance product to protect digital asset holders against the rising threat of cybercrime in the crypto market.

OKEx Adds Ether Options to Help Crypto Traders Exploit Market Volatility

OKEx Adds Ether Options to Help Crypto Traders Exploit Market Volatility

Cryptocurrency exchange OKEx announced that it is adding two new services to its platform. The Malta-based exchange launched its ETH (Ether) options contracts on June 4. The exchange also announced that it will launch the EOS/USD options on June 18. The company also stated that they have placed 1000 Ether in the Ether options insurance funds to prevent any possible clawback. The exchange is one of the largest cryptocurrency trading and derivative platforms.

American Health Firm Enhances Medical Record Transparency with Blockchain

American Health Firm Enhances Medical Record Transparency with Blockchain

For the next 3 years, American Health Insurance Company Anthem is reported to be adding blockchain technology to store and share medical history for its 40 million-plus consumer base.

Singapore Payment Services Act Now in Effect For Crypto Firms

Singapore Payment Services Act Now in Effect For Crypto Firms

The Monetary Authority of Singapore now requires cryptocurrency providers and exchanges to be licensed under some of the same regulatory elements as traditional financial service providers.

EToro Boosts Insurance Cover-Up to £1 Million, but Crypto Investments Excluded

EToro Boosts Insurance Cover-Up to £1 Million, but Crypto Investments Excluded

eToro has unveiled a new insurance plan that will cover up to 1 million euro for customers, but cryptoassets are excluded from the policy.

Macro Investor Mike Novogratz Says MassMutual's Bitcoin Investment Could Be The Most Important One of 2020

Macro Investor Mike Novogratz Says MassMutual's Bitcoin Investment Could Be The Most Important One of 2020

Mike Novogratz recognizes MassMutual insurance company’s move to purchase $100 million in Bitcoin as the most important cryptocurrency news of the year 2020.

Chainlink (LINK) Price Set to Surge as Recent Major Partnerships Boost Adoption

Chainlink (LINK) Price Set to Surge as Recent Major Partnerships Boost Adoption

Although Chainlink’s price has not yet recovered, crypto analytics firm Santiment noted that Chainlink’s network growth has picked up.

KuCoin Exchange Restores All Token Deposit and Withdrawal Services Following Massive Hack

KuCoin Exchange Restores All Token Deposit and Withdrawal Services Following Massive Hack

KuCoin announced yesterday that the withdrawal and deposit services for all tokens will finally be resumed on the crypto exchange.

Brazilian Banking Federation President Claims Crypto Cannot Replace Fiat Money

Brazilian Banking Federation President Claims Crypto Cannot Replace Fiat Money

The President of Brazilian Banking Federation has argued that cryptocurrencies do not meet the basic criteria of real currencies.

KuCoin Loses $150 Million Due to Security Breach But Compensation to Follow

KuCoin Loses $150 Million Due to Security Breach But Compensation to Follow

KuCoin, a Singapore-based crypto exchange, has disclosed the suspicious withdrawal of large amounts of Bitcoin, ERC-20, and Ether.

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