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NYDIG Raises $100 Million, Details Bitcoin-Powered Insurance Strategy

NYDIG has announced a $100 million raise of growth capital with strategic partnerships and hires for a bitcoin-powered insurance strategy.

The Imminent Synergy Between The Insurance Industry And Bitcoin

Given current monetary policy, the insurance industry and bitcoin are a match made in heaven. Here’s why.

BitMEX Insurance Fund Now Holds More Than 0.15 Percent of All BTC

Marking a massive increase since the beginning of 2019, BitMEX’s insurance fund now reportedly holds more than $312 million worth of bitcoin.

Coinbase Set to Launch Insurance Subsidiary With Aon

Cryptocurrency exchange Coinbase is teaming up with insurance provider Aon to launch a captive insurance subsidiary that would solely serve the exchange.

New Exchange Security Scoring Model Offers Insurance Rates for Coin Holders

The new model will allow exchange users to cover up to 15 BTC worth of digital assets held in their exchange accounts at rates that will depend on the security level of the exchanges they choose to use.

Expanding the Practical Use of Blockchain Technology Within Insurance

Accenture has joined the RiskBlock Alliance as the lead framework architect responsible for developing a “production-grade platform” to create and implement blockchain use cases.

Marsh and IBM Collaborate to Put Proof of Insurance on the Blockchain

By putting proof of insurance on the blockchain, parties that need evidence of insurance can ideally trust the coverage is up to date and historically correct.

Nationwide Insurance Rolls Out Proof of Insurance on the RiskBlock Blockchain

The Institutes has announced a new blockchain framework called RiskBlock to provide more streamlined and secure proof of insurance. Nationwide Insurance is the first...

Change Healthcare Announces Enterprise Blockchain Solutions on Hyperledger Fabric

One of the largest independent healthcare technology companies in the United States, Change Healthcare, introduced the launch of its blockchain solutions for enterprise clients.

Insurance Giants Generali and RGA Join Blockchain Insurance Industry Initiative B3i

Two major players in the global insurance industry, Generali Group and Reinsurance Group of America (RGA), have announced that they are joining the Blockchain...
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