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Not sure where you got the idea what nobody offers crypto insurance. Lloyd's of London, one of the world's oldest and largest insurers, offers crypto insurance[
by pants2 3y ago
Not sure where you got the idea what nobody offers crypto insurance. Lloyd's of London, one of the world's oldest and largest insurers, offers crypto insurance[1], just as one example. You also have decentralized options like Nexus Mutual.
1. https://www.lloyds.com/about-lloyds/media-centre/press-releases/lloyds-launches-new-cryptocurrency-wallet-insurance-solution-for-coincover https://www.lloyds.com/about-lloyds/media-centre/press-relea...
- mikewarot 3y agoFrankly, I'm shocked that Lloyds, of all people, are foolish enough to get into this game. It would be like insuring a pile of gold, that can be stolen through the internet. I'd expect the premiums are quite high, they don't say on their web site.