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Bridge Mutual, a "Decentralized" Discretionary Risk Coverage Platform for DeFi, to Make it Easy to Acquire Insurance Coverage for Assets - Vimarsana News

Bridge Mutual, a "Decentralized" Discretionary Risk Coverage Platform for DeFi, to Make it Easy to Acquire Insurance Coverage for Assets

March 6, 2021 @ 4:04 pm By Omar Faridi With over $40 billion locked into decentralized finance (DeFi) platforms (at the time of writing), according to DeFi Pulse data, it’s now clear that the era of DeFi has arrived, crypto analysts have argued. However, with many new exploits frequently taking place, there’s been significant growth in platforms that offer insurance for investors in order to mitigate or minimize the risk of loss of funds because of scams, unaudited smart contracts, digital asset exchange hacks and other cyberattacks. With platforms such as Nexus Mutual, Cover Protocol and...