Nexus Mutual responds to Arcadia Finance exploit, reinforcing commitment to onchain protection
Reinsurance News - Aug 06, 2025
Nexus Mutual, a decentralised risk protection platform that provides crypto-native cover, responded swiftly following a smart contract exploit on Arcadia Finance that occurred on July 15, which led to losses of approximately $3.6 million. The exploit allowed an attacker to directly withdraw funds fr...
Recommended Articles
Posted: Sep 12, 2025
Allianz X, the investment arm of Allianz Group, has made an equity investment in Coterie Insurance,...
Posted: Sep 12, 2025
In an interview with Reinsurance News during RVS 2025 in Monte Carlo, Thomas Braune, CEO of NewRe, a...
Posted: Sep 12, 2025
UK insurers are navigating a landscape shaped by economic uncertainty, regulatory changes, and indus...