Nexus Mutual Seals The First Centralized Exchange Insurance Contract

Nexus Mutual has started offering insurance for holdings on custodial exchanges. The first insurance taker paid 0.64% of the coverage amount to insure almost 100.000 USD for 90 days on Kraken. DeFi is moving closer towards real underwriting by managing risks. Nexus Mutual has finalized the first-ever DeFi insurance contract for a centralized exchange over […]

The post Nexus Mutual Seals The First Centralized Exchange Insurance Contract appeared first on CryptoCoin.News.

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