OpenCover, Request Finance and Nexus Mutual Launch World’s First Blockchain Transaction Cover

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The collaboration sets a new standard in decentralized finance by shifting blockchain transaction risk away from end users for the first time., a leading platform for blockchain insurance and insurance alternatives backed by Coinbase Venture’s Base Ecosystem Fund, NFX, Jump, Alliance, Village Global and Orange DAO is announcing a strategic partnership with.

Traditionally, the “your keys, your coins” mantra placed the full burden of blockchain risk — such as oracle price feed errors, smart contract bugs and stablecoins losing their peg — directly on the end-user.

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