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  • usd-coinUSDC (USDC) $ 0.999812
  • staked-etherLido Staked Ether (STETH) $ 3,723.53
  • dogecoinDogecoin (DOGE) $ 0.214667
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  • cardanoCardano (ADA) $ 0.751419
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 116,269.00
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  • hyperliquidHyperliquid (HYPE) $ 42.00
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  • stellarStellar (XLM) $ 0.404799
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  • whitebitWhiteBIT Coin (WBT) $ 43.64
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  • aaveAave (AAVE) $ 270.26
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  • ethenaEthena (ENA) $ 0.582314
  • bittensorBittensor (TAO) $ 368.67
  • pi-networkPi Network (PI) $ 0.414088
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  • aptosAptos (APT) $ 4.40
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  • okbOKB (OKB) $ 47.63
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  • jito-staked-solJito Staked SOL (JITOSOL) $ 211.84
  • mantleMantle (MNT) $ 0.752508
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • kaspaKaspa (KAS) $ 0.091315
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,727.94
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  • usd1-wlfiUSD1 (USD1) $ 0.999240
  • algorandAlgorand (ALGO) $ 0.249707
  • bonkBonk (BONK) $ 0.000028
  • arbitrumArbitrum (ARB) $ 0.406314
  • gatechain-tokenGate (GT) $ 17.34
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  • render-tokenRender (RENDER) $ 3.77
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.213620
  • worldcoin-wldWorldcoin (WLD) $ 1.04
  • susdssUSDS (SUSDS) $ 1.06
  • official-trumpOfficial Trump (TRUMP) $ 9.14
  • binance-staked-solBinance Staked SOL (BNSOL) $ 185.39
  • skySky (SKY) $ 0.084713
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.680337
  • sei-networkSei (SEI) $ 0.304977
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,233.14
  • story-2Story (IP) $ 5.85
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  • quant-networkQuant (QNT) $ 117.74
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  • filecoinFilecoin (FIL) $ 2.45
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,907.04
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 116,348.00
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.98
  • xdce-crowd-saleXDC Network (XDC) $ 0.095953
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  • curve-dao-tokenCurve DAO (CRV) $ 1.01
  • mantle-staked-etherMantle Staked Ether (METH) $ 4,000.08
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  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,920.68
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999754
  • optimismOptimism (OP) $ 0.690886
  • falcon-financeFalcon USD (USDF) $ 0.999351
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 116,223.00
  • flokiFLOKI (FLOKI) $ 0.000111
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  • conflux-tokenConflux (CFX) $ 0.204878
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 195.89
  • wbnbWrapped BNB (WBNB) $ 779.32
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  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
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  • dogwifcoindogwifhat (WIF) $ 0.953048
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.73
  • pump-funPump.fun (PUMP) $ 0.002695
  • clbtcclBTC (CLBTC) $ 120,697.00
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • saros-financeSaros (SAROS) $ 0.353364
  • pax-goldPAX Gold (PAXG) $ 3,285.63
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 116,302.00
  • ethereum-name-serviceEthereum Name Service (ENS) $ 27.67
  • kaiaKaia (KAIA) $ 0.155291
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  • msolMarinade Staked SOL (MSOL) $ 228.33
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  • vaultaVaulta (A) $ 0.527982
  • theta-tokenTheta Network (THETA) $ 0.816272
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  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,984.83
  • super-oethSuper OETH (SUPEROETH) $ 3,722.08
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,996.17
  • iotaIOTA (IOTA) $ 0.196018
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  • galaGALA (GALA) $ 0.016013
  • pendlePendle (PENDLE) $ 4.25
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  • the-sandboxThe Sandbox (SAND) $ 0.281817
  • bittorrentBitTorrent (BTT) $ 0.00000070
  • aerodrome-financeAerodrome Finance (AERO) $ 0.794066
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  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998724
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  • stader-ethxStader ETHx (ETHX) $ 3,961.72
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  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 115,714.00
  • usddUSDD (USDD) $ 0.999599
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Mining

Relm Insurance Introduces BTC-Denominated Policy for Bitcoin Miners

By admin
0 47

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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