Nexus Mutual responds to Arcadia Finance exploit, reinforcing commitment to onchain protection

Share!

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...

Read Full Article

Recommended Articles

Kestrel Group reports Q3’25 total revenue of $17.4m

Posted: Nov 06, 2025

Kestrel Group Ltd, a recently established specialty insurance platform that provides fronting servic...

We expect strong year for reinsurer profitability in 2025, discipline key at 1.1: AM Best

Posted: Nov 06, 2025

AM Best expects another strong year of operating profitability for the reinsurance sector in 2025, s...

Juniper Re expands with New York City office and appointment of Bo Wulsin as Broker

Posted: Nov 06, 2025

Juniper Re, a reinsurance brokerage firm, has announced the opening of its New York City office and...