Hong Kong - based payment platform Crypto.com has an insurance cover worth up to $ 100 million for wallet holders from an unnamed global company . The policy protects users ' digital assets held in cold storage – virtual vaults that have no internet connection in order to protect them against attacks , threats and fraud .
Hong Kong-based payment platform Crypto.com has secured insurance cover worth up to $100m for wallet holders from an unnamed global company. The policy protects clients' digital assets held in cold storage – virtual vaults that have no internet connection in order to protect them against theft, hacks and losses.