• bitcoinBitcoin (BTC) $ 92,276.00
  • ethereumEthereum (ETH) $ 3,239.76
  • tetherTether (USDT) $ 1.00
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  • usd-coinUSDC (USDC) $ 0.999864
  • staked-etherLido Staked Ether (STETH) $ 3,239.39
  • tronTRON (TRX) $ 0.277240
  • dogecoinDogecoin (DOGE) $ 0.140954
  • cardanoCardano (ADA) $ 0.425198
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  • whitebitWhiteBIT Coin (WBT) $ 61.37
  • wrapped-stethWrapped stETH (WSTETH) $ 3,958.52
  • bitcoin-cashBitcoin Cash (BCH) $ 583.34
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 92,107.00
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,518.31
  • usdsUSDS (USDS) $ 0.999287
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  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
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  • wethWETH (WETH) $ 3,241.76
  • hyperliquidHyperliquid (HYPE) $ 29.58
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  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 92,332.00
  • ethena-usdeEthena USDe (USDE) $ 0.999160
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  • the-open-networkToncoin (TON) $ 1.62
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  • crypto-com-chainCronos (CRO) $ 0.101822
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  • pi-networkPi Network (PI) $ 0.208756
  • solanaWrapped SOL (SOL) $ 139.07
  • pump-funPump.fun (PUMP) $ 0.002886
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.77
  • hash-2Provenance Blockchain (HASH) $ 0.030224
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.14
  • htx-daoHTX DAO (HTX) $ 0.000002
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  • hashnote-usycCircle USYC (USYC) $ 1.11
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,722.91
  • skySky (SKY) $ 0.058280
  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.11
  • bfusdBFUSD (BFUSD) $ 0.999223
  • ripple-usdRipple USD (RLUSD) $ 0.999696
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999806
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.121941
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  • wbnbWrapped BNB (WBNB) $ 887.46
  • binance-staked-solBinance Staked SOL (BNSOL) $ 151.00
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  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 29.76
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  • wrappedm-by-m0WrappedM by M^0 (WM) $ 0.999914
  • janus-henderson-anemoy-aaa-clo-fundJanus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.02
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,500.99
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.26
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,454.20
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 92,033.00
  • clbtcclBTC (CLBTC) $ 92,589.00
  • wrapped-flareWrapped Flare (WFLR) $ 0.012660
  • usddUSDD (USDD) $ 1.00
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.011315
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999205
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • bridged-usdc-polygon-pos-bridgePolygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999807
  • morphoMorpho (MORPHO) $ 1.26
  • ultimaUltima (ULTIMA) $ 6,755.42
  • jupiter-exchange-solanaJupiter (JUP) $ 0.214621
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 160.69
  • story-2Story (IP) $ 1.98
  • beldexBeldex (BDX) $ 0.087924
  • usdaiUSDai (USDAI) $ 1.00
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.245054
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999848
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,240.47
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  • tezosTezos (XTZ) $ 0.501225
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,240.03
  • bridged-wrapped-ether-pundi-aifx-omnilayerBridged Wrapped Ether (Pundi AIFX Omnilayer) (WETH) $ 35,382,014.00
  • gtethGTETH (GTETH) $ 3,234.24
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Mining

Relm Insurance Introduces BTC-Denominated Policy for Bitcoin Miners

By admin
0 127

Relm Insurance Introduces BTC-Denominated Policy for Bitcoin Miners

Bermuda-registered Relm Insurance has introduced a policy covering bitcoin miners’ for periods of business interruption.

Relm is licensed to offer indemnification to bitcoin miners in the same currency that they are mining thanks to its Class Innovative Insurer General Business (IIGB) license from the Bermuda Monetary Authority.

Bermuda-registered Relm Insurance has introduced a policy covering bitcoin miners’ for periods of business interruption.

BTC Business Interruption Insurance is denominated in bitcoin, the first such policy to do so, according to an emailed announcement on Thursday.

The aim of the policy is to offer bitcoin miners with financial protection against losses from operational interruptions caused by physical damage to equipment or facilities.

Bitcoin mining companies have faced headwinds in recent months relating to the block reward for producing new BTC being halved and bitcoin’s price being restrained by selling pressure and various geopolitical factors. These challenges could then be compounded by losing capacity to the wear and tear of their machines or outages related to power problems.

Relm is licensed to offer indemnification to bitcoin miners in the same currency that they are mining thanks to its Class Innovative Insurer General Business (IIGB) license from the Bermuda Monetary Authority.



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