RISKS
Lost access
Eliminate single points of failure and benefit from a secure, non-custodial recovery solution.
20% of all Bitcoin is locked away and inaccessible.
Coincover protects against
Damaged or stolen device
Where your hardware or electronic device has been stolen, or subjected to physical or functional harm which leads to the inaccessibility of your crypto assets by you.
Staked assets key access
Where you or any employee of your firm has made an error which results in your stakes digital asset private keys becoming inaccessible. This specifically includes accidental deletion, loss of key data, loss of backup data, corruption of key or backup data, accidental deletion of your key data or any such circumstance which leads to your private keys becoming inaccessible.
Lost seed phrase
Where you lose your seed phrase (the sequence of random works) that stores the data required to access or recover cryptocurrency on blockchains or crypto wallets.
2FA backup
Where you have deleted your authenticator app and have also deleted the backup codes or unable to locate codes to reinstate access to your accounts.
Damaged or stolen device
Where your hardware or electronic device has been stolen, or subjected to physical or functional harm which leads to the inaccessibility of your crypto assets by you.
Staked assets key access
Where you or any employee of your firm has made an error which results in your stakes digital asset private keys becoming inaccessible. This specifically includes accidental deletion, loss of key data, loss of backup data, corruption of key or backup data, accidental deletion of your key data or any such circumstance which leads to your private keys becoming inaccessible.
Lost seed phrase
Where you lose your seed phrase (the sequence of random works) that stores the data required to access or recover cryptocurrency on blockchains or crypto wallets.
2FA backup
Where you have deleted your authenticator app and have also deleted the backup codes or unable to locate codes to reinstate access to your accounts.
Other risks mitigated by Coincover
Going beyond insurance in Blockchain and creating a new category of protection
We offer comprehensive protection against a wide array of risks and can customise our solution to meet your specific commercial, operational, or regulatory requirements.
- One platform
- Basic alerts
- Quarterly reporting
- 96 hour recovery SLA
- Ransomware
- Lost seed phrase
- 2FA back up
- Damaged or stolen device
- Wallet provider / Custody failure
- Up to 3 platforms
- Custom alerts
- Monthly reporting
- Proof of protection certificate
- 48 hour recovery SLA
- Whaling
- Sim swap
- Fat finger (mistyped address)
- Spear phishing
- Man in the middle
- Internal bad actors
- Brute force attack
- Biometric security failure
- Multi-factor security failure
- Up to 5 platforms
- Advanced alerts
- Live reporting
- Proof of protection certificate
- 24 hour recovery SLA
- Exit scams
- Human error
- Social engineering
- Address poisoning
- Supply chain hacks
- Account takeover (ATO)
- Staked key assets access
- Insolvency crypto assets access