News · Cryptocurrency & Blockchain
Standard Chartered and SBI back crypto insurer Soter as funding reaches $23.5 million
Soter also received backing of 500 BTC and 2000 ETH, worth another $43 million at current prices.
This is a short summary of a report by a third-party publisher. Newsline Press did not produce the original reporting.
Read the full story at CoinDeskOriginal publisher: CoinDesk
This content is for information only and is not investment advice. See our disclaimers.
Spotted an error? Request a correction · Corrections Policy
Related stories
What is TraderTraitor, the hacking squad behind the $6.3 billion Binance heist
The hacking group has been behind some of the crypto industry's most recent high-profile thefts.
CoinDesk ·
Crypto for Advisors: Where investors stake crypto shapes how much of the reward they keep
CoinDesk ·
Gate CEO says crypto exchanges must prove they can survive a hack like Binance’s
Lin Han says Gate holds enough assets in cold storage to cover customer balances even if its hot wallets are emptied. An independent audit is underway.
CoinDesk ·
Kraken parent Payward and its clients buy AAVE tokens in DeFi investment push
The investment follows talks first reported by CoinDesk in June that included a proposed equity stake in Aave Group.
CoinDesk ·
Blockchain is ‘perfect solution’ for AI agent trust, VeChain CEO says
Sunny Lu said AI agents would need identity and reputation systems, making the case while promoting agent-building platform VeWorld.ai.
Cointelegraph ·
Can decentralized phone networks power the AI revolution?
Decentralized AI networks want to turn everyday phones into an alternative to centralized computing infrastructure — but skeptics have their doubts.
Cointelegraph ·