Buying Insurance Against #Crypto Hacks Could Save Users Millions
Cryptocurrency–While some media outlets continue to slam cryptocurrency over the frequent hacks and overall risk of investing through susceptible exchanges, enterprising insurance companies have seen a solution: offer protection against hacks for just pennies on the dollar.
Particularly for users with large funds stored on exchange, whether through accumulation or the need for a quick avenue to liquidity, insurance provides a peace of mind against the ever present, and increasingly frequent news of platforms being compromised.