Insurtech Relm introduced 3 new AI-focused insurance products
Bermuda-based Relm Insurance has introduced three new AI-focused insurance products to manage risks associated with AI use in business operations
Crypto & Blockchain News
Latest Crypto and Blockchain News on Beinsure Media covers the outlooks and developments in cryptocurrency and blockchain technology.
Beinsure highlights significant updates, trends, and insights from the crypto world. It provides in-depth coverage of new cryptocurrency launches, regulatory changes, technological advancements, and market shifts.
The Blockchain News section focuses on how these elements impact investors, businesses, and the overall financial landscape. Readers can find analyses of major crypto events, expert opinions, and practical advice for navigating the evolving digital currency space.
Oklahoma’s Strategic Bitcoin Reserve Act aims to strengthen State’s financial future
Rep. Cody Maynard, R-Durant, has introduced the Strategic Bitcoin Reserve Act (HB1203), a new legislative proposal aimed at making Oklahoma a leader in digital asset investments
Aiccelerate DAO launches to advance crypto and AI integration
Industry veterans from Coinbase, Google, ai16z, and other major firms have formed Aiccelerate, a new Decentralized Autonomous Organization (DAO)
Tron achieved deflationary status: what does it mean for investors
Tron (TNX) has achieved an important milestone this year. The ninth biggest cryptocurrency in the world has gotten deflationary status
Whisp.Money introduced payment and crypto payroll platform
Whisp.Money has introduced its payment and payroll platform with a focus on faster payments, crypto integration, and fintech-driven solutions
U.S. Court rejected a homeowner’s lawsuit against Lemonade Insurance over $170K crypto scam
U.S. appeals court rejected a homeowner’s lawsuit against his insurer over a $170,000 crypto scam loss. The three-judge panel ruled there was no error
Scaling the insurance industry with blockchain & DeFi: Insights from Nayms
The insurance industry has long struggled with issues of transparency, access, and operational efficiency. Blockchain technology offers potential solutions
Allianz acquires 24% of MicroStrategy’s $600 mn notes
Allianz, Germany’s largest insurer, has purchased 24.75% of MicroStrategy’s $600 mn convertible note offering. The deal was finalized in March 2024
Sompo tests blockchain for automatic claims processing on MaaS train delay insurance
Sompo Japan Insurance announced it is testing blockchain technology for automating claims on its Mobility-as-a-Service (MaaS) train delay insurance
Blockchain RWA platform Re tokenized reinsurance fund with $15 mn
Real-world asset (RWA) platform Re offering tokenized reinsurance, has launched its first open-ended reinsurance fund on the Avalanche (AVAX) network
Uniswap Foundation disclosed its $41.4 mn balance sheet
The Uniswap community is preparing to vote on a proposal to implement a new fee distribution plan. The Uniswap Foundation has disclosed its balance sheet
M2 Recovery launched a legal expenses insurance for crypto assets
M2 Recovery has launched a groundbreaking insurance policy, marking the world’s first initiative to cover legal expenses associated with reclaiming stolen crypto assets
Monad Labs, blockchain startup, sequred $225 mn Series A
Monad Labs, an ethereum blockchain developer, has closed a $225 mn Series A, the largest deal the sector has seen in over seven months
Agio Ratings, a crypto risk analytics startup, raised a $4.6 mn
The UK startup Agio Ratings, specializing in crypto risk analytics, has announced a fundraising round totaling $4.6 mn led by Superscrypt
Trading automation protocol Umoja raised $4 mn in seed round
Trading automation protocol Umoja seed funding round has successfully secured an additional $2 mn, bringing the total to $4 mn
Genesis Global Capital will pay $21 mn penalty to SEC for crypto securities offer
Genesis Global Capital will pay a $21 mn penalty after pleading guilty to charges that it engaged in the unregistered offer
Outlier Ventures and peaq launched the DePIN Base Camp Accelerator
Outlier Ventures and peaq have launched of the DePIN Base Camp Accelerator program to accelerating the development and application of decentralized physical infrastructure
UK Financial Conduct Authority commited to intensify efforts against crypto market
Financial Conduct Authority of the United Kingdom has outlined its commitment to intensify efforts against crypto market abuse within the cryptocurrency
Insurtech OneDegree received new investment for digital asset insurance in UAE
Hong Kong-based crypto assets insurtech OneDegree announced it had received an undisclosed investment amount from Dubai Insurance
Anboto raised $3 mn to launch an institutional-grade crypto trading platform
Anboto Labs, a Hong Kong-based crypto trading execution tool provider, has raised $3 million in funding and launched an institutional-grade non-custodial trading platform
Bank of England with FCA are seeking feedback for regulating stablecoins
The Bank of England (BoE) and the United Kingdom’s Financial Conduct Authority have requested feedback on their proposed approach to regulating stablecoins
Blockchain-based healthcare platform Rymedi raised $9 mn in Series A
Blockchain-based healthcare data platform Rymedi has raised $9 mn in Series A funding. Rymedi streamlines the transfer of medical records and data via blockchain
Web3 security startup Blockaid sequred a $33 mn funding
Blockaid, a web3 security startup co-founded by two former Israeli military cyber intelligence personnel, has come out of stealth with $33 million in funding
DeFi protocol Elixir closed a $7.5 mn Series A led by Hack VC
DeFi protocol Elixir has closed a $7.5 million Series A fundraising round at a $100 million valuation, designed to help it improve liquidity across decentralized order
Grayscale with FTSE Russell launches the Crypto Sector Index Series
Digital currency asset manager, Grayscale Investments is venturing into the crypto indices business together with the London-based indices provider FTSE Russell
Global cyber insurance and reinsurance industry supported by solid underwriting profitability in 2023 and 2024, with expectations for this trend to continue into 2025
North American life insurer credit losses will remain benign in 2025, despite modest increases due to ongoing pressure on commercial real estate (CRE) assets
Global reinsurers’ profitability will remain strong in 2025 despite lower risk-adjusted prices for most business lines when reinsurance contracts were renewed on 1 January
McGill in partnership with FortuneGuard and ARX introduced a new war risk reinsurance facility to provide commercial property coverage in Ukraine