New Exchange Security Scoring Model Offers Insurance Rates for Coin Holders44.89

International cybersecurity solutions provider Group-IB has come up with a scoring model to grade crypto exchanges based on their level of security.

The scoring model was created by Group-IB in conjunction with Swiss-based Cryptolns (which is operated by Swiss insurance broker APIS AS), and the grading is intrinsic to CryptoIns’ new cryptocurrency exchange insurance, which will allow exchange users to cover up to 15 BTC worth of digital assets held in their exchange accounts. With the scoring model’s data, CryptoIns has calculated rates for their coverage depending on an exchange’s level of security and asset-protection measures.

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