Cryptoasset Insurer Evertas Receives License to Operate in Bermuda June 10, 2020 Cryptoasset insurer Evertas has received a license from the Bermuda Monetary Authority to start operating from the jurisdiction. Evertas’ operations...
Lloyd’s Launches Cryptocurrency Wallet Insurance Policy March 2, 2020 Lloyd’s has launched an insurance policy to protect cryptocurrency held in online wallets against theft or other malicious hacks. The...
Cryptocurrency Fraud Losses Surge to $4.4 Billion: CipherTrace Report December 2, 2019 By Gertrude Chavez-Dreyfuss Cryptocurrency theft has surged in 2019 compared with last year, with more money flowing through digital exchanges and criminals looking...
Arch Insurance (UK) and Marsh Launch ‘Blue Vault,’ Insurance Cover for Digital Assets September 19, 2019 Arch Insurance (UK) Ltd., in collaboration with Marsh, the insurance broker and risk adviser, announced the launch of Blue Vault,...
UK Markets Regulator Warns of Dangers of Unregulated Cryptocurrencies August 1, 2019 By Huw Jones and Tom Wilson Britain’s markets watchdog said on Wednesday that bitcoin and other cryptocurrencies have no intrinsic value and offer consumers few protections,...
Investigation Uncovers Mystery of Quadriga’s Missing Cryptocurrencies Worth Millions June 21, 2019 By Doug Alexander It’s looking more and more like QuadrigaCX founder Gerald Cotten mismanaged the digital-asset exchange before he died, with cryptocurrencies from...
Hackers Steal 7,000 Bitcoins Worth $40M from Cryptocurrency Exchange Binance May 8, 2019 By Eric Lam Binance, one of the world’s largest cryptocurrency exchanges, said hackers withdrew 7,000 Bitcoins worth about $40 million via a single...
Losses from Cryptocurrency Thefts, Fraud Surged to $1.2 Billion in Q1: Report May 1, 2019 By Gertrude Chavez-Dreyfuss Losses from the theft of cryptocurrencies from exchanges and fraud-related activities surged in the first quarter of the year to...
Canada Eyes Regulation of Crypto-Trading Platforms Amid Ongoing Quadriga Scandal March 15, 2019 By Kristine Owram Canada is moving to overhaul its securities regulations to cover crypto trading platforms such as Quadriga Fintech Solutions Corp., a...
Mystery of Quadriga’s Missing Cryptocurrencies Deepens as `Cold Wallets’ Found Empty March 4, 2019 By Doug Alexander When Quadriga Fintech Solutions Corp. founder Gerald Cotten died, account holders feared the encrypted access keys needed to recover C$190...