Nexus Mutual

Ethereum-Based Nexus Mutual Expands Its Decentralized ‘Insurance’ to Centralized Exchanges

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 of decentralized exchange (DEXs), …

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Defi Protocol Founder Tricked, Hacked for $8 Million in Personal Funds

2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing Cryptocurrencies Digital currency markets have climbed significantly in value all year long, despite the gloomy global economy and the aftermath of Covid-19 responses. Bitcoin prices have been hovering at values not seen since 2017, and the top crypto asset in terms … read more. …

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DeFi Insurer Nexus Mutual Maxed Out by Yield-Farming Boom

Nexus Mutual is maxed out covering the risks associated with decentralized finance (DeFi) platforms. “Our product has honestly seen massive interest since yield farming kicked off,” Nexus Mutual founder Hugh Karp told CoinDesk in an email. “With potential yields being so lucrative many users are looking to protect themselves against the risk of smart contract …

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