At 9:40am this morning @HughKarp's personal address was attacked and drained by a member of the mutual. Only Hugh’s address was affected in this targeted attack and there is no subsequent risk to Nexus Mutual or any members.
Nexus Mutual
6,072 posts
The first crypto insurance alternative: covering crypto since 2019 @NexusMutualDAO
- Looking to explore high altitude yields on @avalancheavax? Nexus Mutual has you covered 🐢🔺 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 👇
- 🚀100K ETH MCR means we can now write 20k ETH of cover on any contract (providing there is enough staking). 🐢
- 🐢🚨Custody Cover is now live🚨🐢 Contracts are live and open for staking so that users of centralised exchanges and custodians can purchase custody cover. The first 6 custodians are: @CelciusNetwork @BlockFi @NexoFinance @inlock_token @hodlwithLedn @hodlnautdotcom
- 🐢Protected yield opportunity 🐢 @anchor_protocol ⚓️Deposit funds into Anchor for yields of 20% ☂️Get covered with Nexus at 6.79% (which comes down with more staking) from app.nexusmutual.io/cover 🐢Protected yield ~ 13%
- Nexus Mutual V2 is live on Ethereum mainnnet 🥳 "Businesses can now build on top of the Nexus Mutual protocol to share any risk–not just crypto-related risks. To me, this is what DeFi is all about–providing access to those who truly need it." @HughKarp
00:00 - 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 ⬇️
- 📣 Protocol Cover is live! 🐢 Getting covered with Nexus now includes: 💰 economic incentive, 🌐 oracle & 🗳️ governance attacks ⛓️ any chain 2⃣layer 2
- Cover buys on @anchor_protocol just keep coming. In the last 7 days: #⃣29 covers purchased 🛡️$6.73m of coverage 💰$232k of revenue for the mutual
- We just became the latest Ethereum project to pass lightning network on Defi Pulse 🚀









