Polkadot has been described as an “Ethereum killer” because of how it offers an alternative to smart contracts. The platform enables developers to create their very own blockchains instead… paving the way for levels of interoperability that have been non-existent in this fragmented industry until now.
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Decentralized insurance firm Bridge Mutual wants to cover your stablecoins
The company aims to provide insured access to decentralized finance interest-yielding applications
Bridge Mutual aims to provide coverage for the risks involved in holding stablecoins, which now have a total market cap of over $20 billion and are growing fast. While many in the cryptocurrency space believe this kind of asset is mostly devoid of risk, stablecoins can lose their value if they stop being accepted, sometimes can be hacked, and often require a company to be trusted to hold assets to back them.
