Crypto Wallet Secures $50 Million Insurance for Customer Crypto Assets
Cointelegraph
Published May 10, 2019 08:02PM ET
Updated May 10, 2019 08:23PM ET
Crypto Wallet Secures $50 Million Insurance for Customer Crypto Assets
Crypto securities company Curv has partnered with insurance company Munich Re to obtain $50 million in coverage, according to a Curv press release on May 10.
This new insurance is designed to cover any cases in which a bad actor was able to gain access to either Curv or the customer’s shares, both of which would be needed in order to sign off on an illicit transaction. As is stated in the press release:
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Written By: Cointelegraph
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