DeFi wallet company Fordefi has obtained coverage from insurance giant Munich Re
ChainCatcher news, the decentralized finance wallet company Fordefi has obtained crime and cyber threat insurance from the German operator Munich Re.
The amount of insurance has not been disclosed, but in addition to the general insurance amount for the Fordefi wallet (which uses a clever key-sharing feature, namely multi-party computation (MPC)), customers can also obtain additional coverage from Munich Re based on their individual circumstances.
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