Copper's insurance covers employee collusion, third-party theft and physical loss — and accompanies its existing Aon-brokered crime insurance policy.
The institutional-grade crypto infrastructure provider cites a growing demand for cold-storage solutions and offline protection from institutional-level industry and market participants as driving its insurance solution.
The insurance covers employee collusion, third-party theft and physical loss, according to a press release, and accompanies Copper's existing Aon-brokered crime insurance policy. The firm's announcement comes less than 24 hours after embattled crypto exchange FTX halted user withdrawals — freezing many customers' funds in the process and putting the topics of cold storage and offline custody toward the forefront of the discussion.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Crypto Custody Firm Copper Inks $500M Insurance Deal With UK Giant AonThe deal provides cover for employee collusion, third-party theft and physical loss of or damage to digital assets held by the London-based company.
Leer más »
Anonymous Donor Offers $500 Million to Car Restoration CollegeAnonymous donor offers $500 million to car restoration college.
Leer más »
Anonymous Donor Offers $500 Million to Car Restoration CollegeAnonymous donor offers $500 million to car restoration college.
Leer más »
Two Long Beach brothers admit to illegally ‘parading’ in the U.S. Capitol during the Jan. 6, 2021 insurrectionTwo Long Beach brothers admit to illegally parading in the U.S. Capitol during the Jan. 6, 2021, insurrection
Leer más »
Two California brothers admit to illegally ‘parading’ in the U.S. Capitol during the Jan. 6, 2021 insurrectionBoth brothers face up to six months in prison and fines of $500 apiece.
Leer más »
Copper price falls on Chinese demand fearsThe country's zero-covid approach and lockdowns have squeezed its manufacturing sector and hit demand for industrial metals.
Leer más »