Tag: Nexus
DeFi Cover Provider Nexus Mutual Backs New Crypto Insurance Broker Native
Native goes live with $2.6 million of seed funding led by Nexus Mutual, and the two firms are offering $20 million on-chain cover per risk, according [...]
Nexus Launches ‘World’s First Open Prover Network’ in Beta
Livepeer, a decentralized video-streaming project, hosted an AI Demo Day, showcasing eight startups that participated in its AI Startup Program over t [...]
RWA Platform Re Debuts Tokenized Reinsurance Fund on Avalanche (AVAX) with Nexus Mutual, Avalanche Vista Investing
Reinsurance companies offer protection for insurance firms, collecting premiums to cover certain types of risks. With nearly $1 trillion in premiums a [...]
DeFi Insurer Nexus Mutual (NXM) Requests $153K for 6-Month Budget
The funding request is a 41% decrease from the project's previous team budget. Much of the drop can be attributed to nearly $100,000 in unspent funds [...]
Nexus Mutual Links With InShare to Back Cooperative Insurance in UK
Under the agreement, Nexus will pay out if The Retail Mutual is on the hook for more than 57% of the community’s contributions in any one year as well [...]
Top DeFi Insurer Paid Millions to Euler Hack Victims. Now, Nexus Mutual Wants Its Money Back
Nexus Mutual, one of the largest insurance platforms covering high-risk decentralized finance (DeFi) deposits, is waiting to get paid back by five cli [...]
Decentralized Finance Risk-Sharing Protocol Nexus Mutual Expects Loss on Maple Finance Credit Pool Investment as FTX Contagion Widens
However, more Nexus funds appear to be endangered. Orthogonal Trading’s defaulted debt on Maple’s wrapped ether credit pool amounts to some $5 million [...]
3 reasons why Nexus Mutual (WNXM) price is holding steady in a volatile market
There is always going to be risks involved with interacting with cryptocurrencies and recent proof of this can be seen over the past few weeks afte [...]
Nexus Mutual strikes to sunset authorized entity, carry KYC necessities
In a transfer that might level in the direction of higher decentralization and wider entry, the Nexus Mutual group is at the moment contemplating a [...]
DeFi Insurer Nexus Mutual Raises $2.7M in NXM Token Sale
Decentralized insurance coverage various Nexus Mutual acquired a $2.7 million enhance to its basis treasury, the not-for-profit umbrella group char [...]
Ethereum-Primarily based Nexus Mutual Expands Its Decentralized ‘Insurance coverage’ to Centralized Exchanges
Nexus Mutual, a startup that gives a decentralized different to insurance coverage, is extending its community-based providing to cowl customers of [...]
The Nexus Mutual hacker is now asking for a $2.6M ransom
A hacker, who on Monday stole $8.three million from the personal pockets of Nexus Mutual CEO Hugh Karp, has despatched a ransom demand for $2.66 mi [...]
Blockchain Bites: Google Goes Down, Nexus CEO and US Treasury Get Hacked
Pleased Monday. Or possibly not so completely happy, should you had been relying on Google on your job. Listed here are our prime tales at present… [...]
CEO of DeFi Insurer Nexus Mutual Hacked for $8M in NXM Tokens
The CEO of decentralized finance (DeFi) insurer Nexus Mutual has misplaced the equal to over $eight million in a focused assault, the agency disclo [...]
Founding father of DeFi protocol Nexus Mutual will get hacked for $8M
An unknown attacker stole $Eight million from the non-public pockets of Hugh Karp, the CEO of DeFi protection platform Nexus Mutual. In keeping wit [...]