😎 Coinbase reveals hot wallet coverage up to $225 million via Lloyd’s of London Broker

Insurance marketplace Lloyd's of London has been disclosed as the insurer of Coinbase's hot wallets, according to a [blog post] by Chief Information Security Officer (CISO) Philip Martin. Coinbase has insured hot wallet funds since late 2013 to protect against theft by hacking with current hot wallets backed by $225 million from Lloyds.

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