Gemini obtains insurance for cryptoassets

The cryptocurrency exchange co-founded by the Winklevoss twins announced that it had secured insurance coverage from cryptoassets stored in its hot wallets. Insurance coverage is provided by a group of insurers and arranged by Aon, a global professional services firm. (Source: BusinessWire

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Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi

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