Gemini has secured insurance coverage for the digital assets it holds in custody. US-based cryptocurrency exchange, founded by entrepreneur twins Cameron and Tyler Winklevoss, said in a blog post on Wednesday the new security measures would be provided by a global consortium of insurers and arranged by Aon, a professional services company offering risk, retirement, and health management solutions.
According to the statement, many insurers have been reluctant to work with cryptocurrency companies due to a large number of high-profile hacks and poor security standards at the platforms themselves. As a result, many digital asset exch...
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