Tabit Insurance, an insurance company founded by former Bittrex executives, has raised a $40 million reserve fund made up of bitcoin for traditional insurance and reinsurance business. Tabit Insurance is understood to provide bitcoin-backed liability insurance and is a regulated risk underwriter that relies on bitcoin reserves to develop traditional insurance denominated in dollars. The company has a Tier 2 insurance license issued by the Financial Services Commission of Barbados.
由 Bittrex 前高管创立的保险公司 Tabit Insurance 完成募集 4000 万美元储备金,这笔资金由比特币组成,用于开展传统保险和再保险业务。据悉,Tabit Insurance 主要提供比特币支持的责任保险,也是一家依赖比特币储备来制定以美元计价的传统保险的受监管风险承保机构,该公司拥有巴巴多斯金融服务委员会颁发的 2 级保险执照。
On September 9, the public chain project Metabit Network announced that due to the conflict of development strategy concepts, it was affected by the malicious smashing behavior of the former team, resulting in huge fluctuations in the price of BMTC. The foundation issued the following measures: BMTC Token Destruction Program The total number of BMTC tokens issued is 1 billion, and the circulation plate 150 million, of which IDO, seed round, institutional round, foundation and team released a tot...
MetaBit Capital released a statement saying that the first destruction has been completed, and 20,000 MBTs have been destroyed this time.
On June 26, MetaBit Capital released a statement that the private key of the wallet used by MBT for subsequent withdrawal of IFCT users was leaked, causing about 750,000 MBT to be thrown into the market, causing the price of the currency to drop sharply. MBT will introduce corresponding remedial measures and compensation plans in the near future, and the MetaBit Foundation will also introduce corresponding measures to promote the return of currency prices to normal as soon as possible.
Bitcoin L1 project BounceBit said on the X platform that its product strategy draws on the investment clock of Merrill Lynch Securities and the all-weather theory of well-known investor Ray Dalio, including structured products, fixed income products, lending, insurance and risk integration framework.
On May 26, the market revealed that the BounceBit token BB broke through $0.63, a record high, with a 24-hour increase of 28.88%. It is now quoted at $0.6242.
The market data shows that the BounceBit token BB broke through $0.63, setting a new record high, with a 24-hour increase of 28.88% and is now quoted at $0.6242.
According to official news, BounceBit released its roadmap for 2024, including three main products: BounceBit Portal, BounceBit Chain, and BounceClub. The project focuses on building various CeDeFi product portfolios on the chain, with BounceBit Portal acting as the operating system, BounceBit Chain serving as the settlement layer and execution layer of the project, and BounceClub aiming to build CeDeFi as a service and ecosystem.