You are viewing a single comment's thread from:

RE: BitFinex Covered by Insurance, Announcement Today and Light at the End of the Tunnel.

in #investment • 10 years ago (edited)

Good question. I don't believe most exchanges are "insurable". Finex is using BitGo as a third party so they are insured as an enterprise client. Sounds like a good workaround to get your customers insured but in this case it also led to their loss / hack.

Catch 22.

Exchanges should carry insurance though, it would add legitimacy to this space.

10 years ago in #investment by
$0.00
    Reply 0

    Coin Marketplace

    STEEM 0.06
    TRX 0.29
    JST 0.049
    BTC 71211.60
    ETH 2082.52
    USDT 1.00
    SBD 0.47