“The policy covers external cyber threats and attacks that would compromise the platform, as well as internal fraud or employee collusion,” Schwartz said in an interview. “[Munich Re] is not involved at the smart contract level, but is getting involved with the most active players in DeFi, starting with a framework that they are comfortable with, i.e. the security of the private keys and the wallet components.”
Renzo Capitalizes on Restaking Frenzy to Raise $17M From Galaxy, Brevan Howard
Renzo is part of a new class of “restaking” protocols built on EigenLayer, which takes users' ether (ETH) tokens, deposited...