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Medved'-

In the event of a hack, what is the guaranteed

amount of $ I'll receive from ur insurance?

#cryptocurrency #english #nexo
0

11 ответов

20 просмотров
Kristian-

$0

0
26.06.2022
PaulyD-

If you're hacked, your loss (so have 2FA and keep everything secret). If Nexo are hacked, they have their advertised insurance.

0
26.06.2022
Snowslide V-

It's not about "guaranteed amount". It's about how much the platform loses from the hack. For example, one of the most recent hacks was with CDC (Nexo competitor): they lost $100M in the hack. Nexo's combined insurance of $775M would cover that entire amount. However, unlike its competitors, Nexo has never been hacked, and they've been around longer than any other crypto lender. Even the biggest exchange in the world, Binance, lost $40M in a hack, and even if they didn't have any formal insurance their CEO refunded all the victims in full. To sum up: Nexo never got hacked, and have greater insurance and maturity.

0
26.06.2022
Anacott-Steel
Snowslide V
It's not about "guaranteed amount". It's about how...

Binance lost only $40.00. Hardly worth reporting

0
26.06.2022
Snowslide V-
Anacott Steel
Binance lost only $40.00. Hardly worth reporting

It was $40 MILLION. Sorry, I mistyped 🤣

0
26.06.2022
Anacott-Steel
Snowslide V
It was $40 MILLION. Sorry, I mistyped 🤣

I knew exactly what you meant I could not resist being an asshole!😂

0
26.06.2022
Medved'- Автор вопроса
Snowslide V
It's not about "guaranteed amount". It's about how...

Sorry. Stated the question incorrectly. Not hack, but if nexo goes bankrupt, like some banks do. They usually have a guaranteed amount you'll recover if bank goes bankrupt

0
27.06.2022
PaulyD-
Medved'
Sorry. Stated the question incorrectly. Not hack, ...

No, sadly, if this were to happen - we'd be the last to get our money back. Right now, Nexo suggests they're very liquid and capable of holding this current market at bay.

0
27.06.2022
PaulyD-
Werner Ziegler
@admin pls confirm

You can read what the insurance is for: https://nexo.io/blog/nexo-s-custody-and-insurance-in-depth-and-at-length

0
27.06.2022
PaulyD-
Werner Ziegler
@admin pls confirm

You can also read how Nexo are keeping liquid and are not at risk of insolvency: https://nexo.io/blog/the-great-crypto-consolidation-nexos-role-in-aiding-businesses-and-investors

0
27.06.2022

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