DeFi Insurer Nexus Mutual Requests $153K for 6-Month Budget
The crypto insurance protocol is anticipating growth stemming from a recent partnership.
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Jan 29, 2024 at 5:20 p.m. UTC
Jan 29, 2024
Nexus Mutual
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Coinbase-Backed Insurance Alternative OpenCover Debuts on Layer 2 Blockchain Base
OpenCover, which raised $4 million in a seed round led by the likes of NFX and Jump Crypto, received a $200,000 funding bump from Coinbase to bolster its debut on Base.
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Sep 7, 2023 at 2:21 p.m. UTC
Sep 7, 2023
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Decentralized Insurance Alternative Nexus Mutual Provides Cover to UK Shopkeepers
A partnership with InShare sees Nexus adding some of its $274 million on-chain capacity to The Retail Mutual insurer comprising over 5,000 shopkeepers and small retail busines...
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Aug 8, 2023 at 1:00 p.m. UTC
Aug 8, 2023
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DeFi Insurer Nexus Mutual Demands $2M Refund From Euler Hack Claimants. One User Traded it Anyway
Euler's hacker returned most of the money, putting the insurer that already paid claims in a pickle. Members of Nexus Mutual could get lawyers involved if the $2 million they’...
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Apr 12, 2023 at 7:35 p.m. UTC
Apr 12, 2023
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DeFi Risk-Sharing Protocol Nexus Expects Loss on Maple Credit Pool Investment as FTX Contagion Widens
Nexus Mutual, which offers an insurance alternative for decentralized finance traders, deposited some $19 million in ETH to Maple’s wrapped ether credit pool, which was rocked...
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Dec 5, 2022 at 11:52 p.m. UTC
Dec 5, 2022
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Insurance Alternative Nexus Mutual Follows DeFi Activity to Polkadot, Cosmos, Binance Smart Chain
The Ethereum-based platform for covering losses from DeFi hacks and other flubs is expanding to other chains.
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Apr 26, 2021 at 8:00 a.m. UTC
Apr 26, 2021
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Crypto Lender Hodlnaut Teams With Insurance Alternative Nexus Mutual
The Singapore crypto lender toughed it through the bear market and now has $250 million locked and lended.
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Mar 18, 2021 at 2:00 p.m. UTC
Mar 18, 2021
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DeFi Insurer Nexus Mutual Raises $2.7M in NXM Token Sale
The firm aims to sell over $1 billion worth of cover in 2021 spread across at least 30 protocols.
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Feb 16, 2021 at 2:00 p.m. UTC
Feb 16, 2021
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Ethereum-Based Nexus Mutual Expands Its Decentralized 'Insurance' to Centralized Exchanges
A way to be covered in the event of an exchange hack.
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Jan 12, 2021 at 8:00 a.m. UTC
Jan 12, 2021
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CEO of DeFi Insurer Nexus Mutual Hacked for $8M in NXM Tokens
Nexus Mutual's CEO, Hugh Karp, lost the tokens after an attacker gained remote access to his computer.
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Dec 14, 2020 at 1:11 p.m. UTC
Dec 14, 2020