InsurAce

According to reports, LI.FI is collaborating with InsurAce to develop \”bridge insurance\” to provide protection for hackers, malfunctions, and vulnerabilities, otherwise it will dep

According to reports, LI.FI is collaborating with InsurAce to develop \”bridge insurance\” to provide protection for hackers, malfunctions, and vulnerabilities, otherwise it will dep

On April 18th, it was announced that cross chain transaction aggregator LI.FI announced a partnership with DeFi insurance agreement InsurAce to launch Bridge Insurance. Bridge Insu

On March 17th, InsurAce announced the launch of a new DeFi insurance product with audit companies: post audit risk insurance, which provides protection against smart contract risks within a few months after the new audit. It is reported that the first audit agency to cooperate with is Danish Blockchain Lab Entersoft Halborn Numen Omniscia PeckShield Sayfer. InsurAce Launches DeFi Insurance Product “Post Audit Risk Insurance” Analysis based on this information:InsurAce, an insurance protocol built on the Ethereum blockchain, announced on March 17th the launch of a new DeFi insurance product to offer protection against smart contract risks for a few months after a new audit is conducted. This innovative insurance product reflects the growing market demand for DeFi insurance solutions due to the increasing frequency and severity of smart contract hacks and vulnerabilities. Smart contracts are self-executing digital contracts that are used to automate various blockchain-based transactions without intermediaries. Although a great technological advancement, smart contracts have become a prime…