Coinbase has revealed details of its insurance coverage for its hot wallet crypto holdings, reportedly covering a $255 million limit via a Lloyd’s of London-registered broker. Major American cryptocurrency exchange Coinbase has revealed details of its insurance coverage for its hot wallet crypto holdings, reportedly covering a $255 million limit via a Lloyd’s of London-registered […]
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The service is the first of its kind locally, the company says, and utilizes U.K.-based insurance solutions. Hong Kong trading and asset management firm Branding China Group (BC Group) is launching an insured custody service for cryptocurrencies, the company confirmed in a press release shared with Cointelegraph on April 1. BC Group, which owns a […]
Continue ReadingZurich-based blockchain startup B3i Service AG has increased its capital by about $16 million. Zurich-based blockchain startup B3i Service AG has increased its capital by $16 million in February, according to recently published filings from the Swiss commercial register. B3i Service AG — a blockchain initiative formed by “Blockchain Insurance Industry Initiative” B3i in 2018 […]
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Multiple respondents have filed comments with the U.S. SEC on the latest proposed rule change for the VanEck/SolidX Bitcoin ETF. Multiple respondents have filed comments with the United States Securities and Exchange Commission (SEC) on the latest proposed rule change for the VanEck/SolidX Bitcoin (BTC) exchange-traded fund (ETF). Comments to date were submitted between Feb. […]
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BitGo clients will be able to hold their BCAP assets using qualified and regulated custody service BitGo Trust Company. Blockchain security firm and wallet service BitGo has announced support for Blockchain Capital’s ERC-20 token, according to a press release shared with Cointelegraph on March 19. Blockchain Capital’s BCAP token is a security token based on […]
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A South Korean hospital plans to improve the accuracy of its healthcare data by using a blockchain-based platform. A major hospital in South Korea’s capital city has announced plans to launch a blockchain-based platform aimed to improve its medical services. The news was reported by the Daily Medi, a healthcare sector-focused Korean news outlet, on […]
Continue ReadingQatar-based telecommunications giant Ooredoo Group has reportedly launched a blockchain initiative. Qatar-based telecommunications giant Ooredoo Group has launched a blockchain initiative, English-language local media The Peninsular Qatar reports on March 18. Per the report, the company already collaborates with entities in the private, public and academic spaces to develop blockchain solutions. Ooredoo Group CEO Sheikh […]
Continue ReadingChinese insurance giant Ping An has partnered with Ethereum-based decentralized AI startup SingularityNET. Chinese insurance giant Ping An has partnered with Ethereum (ETH)-based decentralized artificial intelligence (AI) startup SingularityNET. The latter company announced the collaboration in a press release published on Medium on March 14. Per the release, the collaboration will at first focus on […]
Continue ReadingInsurance Giant AXA XL partnered with insurance technology startup Assurely to jointly launch a new insurance product covering equity crowdfunding and security token offerings. Insurance giant AXA XL and insurance technology startup Assurely have jointly launched a new insurance product covering equity crowdfunding and Security Token Offerings (STOs), according to a press release published on […]
Continue ReadingVitalik Buterin says that blockchain applications outside of finance face more difficulty gaining traction. Ethereum (ETH) co-founder Vitalik Buterin says that blockchain applications outside of finance face more difficulty gaining traction, as the primary added value they offer is decentralization. Buterin made his remarks during a speech at crypto event Token 2049 in Hong Kong […]
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