Investors were drawn to EthereumMax and the EMAX token because they made a lot of promises and had cool names. But has it come through?
Crypto Car Insurance
Crypto Car Insurance latest news, images, analysis about WebFeb 24, 2022 · Cars you can buy with crypto If you find a dealership that accepts cryptocurrency for a payment, it …
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What is cryptocurrency insurance and how does it work?
Insurance covers damage inflicted by unpredictable events, and cryptocurrency insurance is no different. Highly volatile cryptocurrency often makes headlines as the target of multimillion-dollar hacks, leading to investors losing millions and the sector shedding billions.
Does insurance cover crypto exchanges?
Some insurers cover only crypto exchanges because that's where the large balances of crypto funds reside. Though not an insurance company per se, Coincover does offer an individual protection technology and software solution that attempts to prevent crypto businesses from losing crypto due to theft or human error.
How to buy a car with cryptocurrency?
There are a few ways you can buy a car with cryptocurrency. Some online car marketplaces such as Car for Coin and BitCars allow you to exchange crypto — primarily Bitcoin — for a vehicle. There is an easy way to use cryptocurrency as payment anywhere that accepts debit cards.
Is the crypto industry a digital armored car service?
Christopher Lin, the head of AIG’s North American Cyber Insurance practice head, compared the crypto industry to a digital armored car service. He said that he had adopted a strategy of finding an established business without a similar risk profile.
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