At 9:40am this morning @HughKarp's personal address was attacked and drained by a member of the mutual. Only Hughโs address was affected in this targeted attack and there is no subsequent risk to Nexus Mutual or any members.
Nexus Mutual
6,058 posts
The first crypto insurance alternative: covering crypto since 2019 @NexusMutualDAO
- Looking to explore high altitude yields on @avalancheavax? Nexus Mutual has you covered ๐ข๐บ Get protected w/ a Protocol Cover policy for your favourite listed protocols deployed on Avalanche. Comprehensive, cross chain protection in just one policy: app.nexusmutual.io/cover
- We're proud to announce Nexus Mutual's partnership with InShare to expand capacity & cover to 5,000+ small independent business owners in the UK. Read about the first use of on-chain capital to cover excess losses for a traditional discretionary mutual ๐
- ๐100K ETH MCR means we can now write 20k ETH of cover on any contract (providing there is enough staking). ๐ข
- ๐ข๐จCustody Cover is now live๐จ๐ข Contracts are live and open for staking so that users of centralised exchanges and custodiansโcan purchase custody cover. The first 6 custodians are: @CelciusNetwork @BlockFi @NexoFinance @inlock_token @hodlwithLedn @hodlnautdotcom
- ๐ขProtected yield opportunity ๐ข @anchor_protocol โ๏ธDeposit funds into Anchor for yields of 20% โ๏ธGet covered with Nexus at 6.79% (which comes down with more staking) from app.nexusmutual.io/cover ๐ขProtected yield ~ 13%
- Nexus Mutual V2 is live on Ethereum mainnnet ๐ฅณ "Businesses can now build on top of the Nexus Mutual protocol to share any riskโnot just crypto-related risks. To me, this is what DeFi is all aboutโproviding access to those who truly need it." @HughKarp
00:00 - Shield mining is here! ๐ข
- Are you a level 15 $SPELL-caster? Nexus Mutual has you covered with Abracadabra Protocol Cover & Convex mimCrv Yield Token Cover Users in Abracadabra can deposit productive assets and borrow Magic Internet Money (MIM). Let's talk about what's covered with each policy โฌ๏ธ
- ๐ฃ Protocol Cover is live! ๐ข Getting covered with Nexus now includes: ๐ฐ economic incentive, ๐ oracle & ๐ณ๏ธ governance attacks โ๏ธ any chain 2โฃlayer 2
- Cover buys on @anchor_protocol just keep coming. In the last 7 days: #โฃ29 covers purchased ๐ก๏ธ$6.73m of coverage ๐ฐ$232k of revenue for the mutual
- We just became the latest Ethereum project to pass lightning network on Defi Pulse ๐









