Nexus Mutual Founder Hugh Karp Loses $8 Million in Hack, Questions Arise on Insurance’s Security
Hugh Karp, the founder of DeFi insurance solution, Nexus Mutual was prone to a personal wallet hack, thus swiping $8 million.
Hugh Karp, the founder of DeFi insurance solution, Nexus Mutual was prone to a personal wallet hack, thus swiping $8 million.
In a recent update, Israel's insurance company, Shirbit was prone to a cyberattack. Hackers demanded $4 million Bitcoin in ransom.