Nexus Mutual, one of the largest insurance platforms covering high-risk decentralized finance (DeFi) deposits, is waiting to get paid back by five clients who filed claims after the March incident, according to on-chain data. Together, those clients represent about $2 million in crypto of the nearly $2.4 million in total claims Nexus Mutual paid.
Related posts
-
MicroStrategy Breaks Into the Top 100 U.S. Public Companies by Market Cap
MicroStrategy is now up over 500% year-to-date, approaching a $100 billion market cap. Source Spread the... -
Crypto Exchange Archax Adds Tokenized Money Market Funds From State Street (STT), Fidelity and LGIM (LGEN)
“Tokenized real-world assets, and in particular funds, are really gaining momentum,” said Graham Rodford, CEO and... -
SEC and DOJ Strike Crypto Firm With Millions in Penalties Over Corruption
A crypto mining firm faces a $14 million penalty...