โThe policy covers external cyber threats and attacks that would compromise the platform, as well as internal fraud or employee collusion,โ Schwartz said in an interview. โ[Munich Re] is not involved at the smart contract level, but is getting involved with the most active players in DeFi, starting with a framework that they are comfortable with, i.e. the security of the private keys and the wallet components.โ
Crypto and DeFi Wallet Firm Fordefi Gets Cover from Insurance Giant Munich Re
