Nexus Mutual (NXM) is an open platform token on Ethereum that allows participants to pool and distribute risks through discretionary mutual insurance. Only participants can participate in the network, buy coverage and hold NXM (the platform's own token).

NXM (NXM) news

Nexus Mutual (NXM) is an open platform token on Ethereum that allows participants to pool and distribute risks through discretionary mutual insurance. Only participants can participate in the network, buy coverage and hold NXM and WNXM. Wrapped NXM is provided with an underlying asset in a ratio of 1:1, has the same price and allows you to expand the possibilities of application, for example, to trade on decentralized exchanges that do not support the "original".

Wrapped NXM news today, WNXM crypto latest news of token ticker

Wrapped NXM

SHERLOCK

Nexus Mutual

RT @sherlockdefi: The final claim (~1M DAI) was approved by @NexusMutual and sent to Euler by Sherlock today, for a total of ~$4.4M paid ou…

The final claim (~1M DAI) was approved by @NexusMutual and sent to Euler by Sherlock today, for a total of ~$4.4M paid out by Sherlock related to the hack.

There was a small deductible on the final claim, which is why ~$4.4M was paid instead of ~$4.5M. 

https://t.co/wKzmgQWGCk https://t.co/2xBuiWF4Rv

Euler Labs

Unfortunate news

@eulerfinance, a Sherlock protocol customer, was hacked earlier today for ~$200M.

Sherlock verified the root cause, helped Euler submit a claim, held a vote on the claim for $4.5M (which passed), and executed $3.3M of the payout today.

https://t.co/CT7aBml9bV