Tag: nexus mutual

Jan 12 2021

Nexus Mutual Now Protects Coinbase, Binance Users

Nexus Mutual is now offering centralized exchange cover. The protocol will compensate users who lose 10% of their funds or experience prolonged withdrawal halts. Nexus Mutual Expands Cover to CeFi Nexus Mutual,...

Dec 15 2020

$8 Million Nexus Mutual Hacker Lives in Singapore, Says Team

The attacker who stole more than $8 million worth of NXM from Hugh Karp has cashed out a significant portion of his stash. Nexus Mutual has identified many clues pointing to a potential suspect. Nexus Mutual Hacker Dumping Stolen Funds In a year...

Nexus Mutual Founder Offers $300k Bounty After $8m Hack

The latest incursion in the burgeoning decentralized finance sector has targeted an individual, Nexus Mutual founder Hugh Karp whose wallet got hit for $8 million. The incursion was posted on the official Nexus Mutual twitter feed with an explanation to users that it was a targeted attack and no funds were in danger on the DeFi insurance...

Dec 14 2020

CEO of DeFi Insurer Nexus Mutual Hacked for $8M in NXM Tokens

Dec 14 2020 Published at CoinDesk under tags  defi hacks markets news nexus mutual

Nexus Mutual's CEO, Hugh Karp, lost the tokens after an attacker gained remote access to his computer.

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