Kinto is launching a wallet insurance service that allows users to use K tokens to increase their protection level

2024/07/12 11:18

Odaily News Layer2 network Kinto announced on X that it has partnered with Breach Insurance to provide anti-theft and anti-hacking services for wallets. Breach Insurance provides and manages insurance coverage for Kinto wallets, and all Kinto wallets with assets over $100 are automatically covered. For smart contract hacking and network attacks, users can get $2,500 in default insurance at no additional cost to the user. In addition, users can also use K tokens for added protection, making it the first token mechanism of K.

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