PinnedDiscount on all Nexus Mutual covers against hacks and smart contact failuresDeFi Insurance for up to 75% cheaper with wNXM arbitrage — Bright Union is proud to announce that users will now be able to buy coverage for significantly cheaper than directly through partner, Nexus Mutual. When buying a Nexus’ cover through the Bright Union App, users will actually be paying for their cover in NXM under the hood. This provides users…4 min read4 min read
PinnedBright Risk Index - The Most Exciting Opportunity in DeFi InsuranceReplace the insurer while earning 15%-25% APY on a stable coin investment — Bright Union has been working hard behind the scenes to bring forward the most innovative investment opportunity the DeFi insurance space has seen. We are thrilled to release the Bright Risk Index (BRI) on Wednesday the 9th of February, which finally makes coverage providing a highly attractive investment opportunity for…Defi Insurance5 min readDefi Insurance5 min read
Sep 29, 2022Bright Union focus on bringing institutional capital into decentralized insuranceand we have been accepted into a top accelerator program At Bright Union our purpose is to secure the Web3 economy. Every Web3 user, however big or small, modest or grand, should be able to safely navigate the Web3 economy with the hope of securing its financial future. Hacks, exploits…7 min read7 min read
Aug 19, 2022Bright Union integrates Uno ReUsers can now choose from 8 platforms The Bright Network gets even larger with the latest addition! Bright Union is absolutely thrilled to announce the latest addition into the coverage aggregator: Uno Re. …3 min read3 min read
Aug 18, 2022Bright Union integrates SolaceEven more choice for users who are looking for DeFi coverage — Another Partner in the Bright Network We are thrilled to announce the partnership and integration with another up-and-coming risk platform, Solace. The entire decentralized insurance industry is growing at a remarkable rate. After the UST depeg and Luna crash, users are seeing the purpose of insurance and how it should be a necessity for any investor.3 min read3 min read
Aug 16, 2022DeFi users are profiting from lower prices for DeFi insurance$3 million covered in one month since Bright Union launched automatic wNXM arbitrage In mid July, Bright Union announced that it has automated a process which allowed customers to get up to 75% discount for Nexus Mutual covers. Traction for decentralised insurance has been increasing rapidly, as businesses are now…4 min read4 min read
Aug 2, 2022Letter from the FoundersTo the Bright Union community Quiet markets conditions are for building — this is the attitude amongst developers and an opinion, which Kiril Ivanov, co-founder of Bright Union, holds. These past few months, Bright Union has been re-strategizing with Outlier Ventures, New Order DAO and leading web3 companies. Initially when…3 min read3 min read
Jul 8, 2022The Biggest DeFi exploits of 2022: Harmony Bridge, Wormhole and RoninAs of June 30, 2022, REKT leaderboard records show that in the first half of this year, over $1.63 billion worth of funds were stolen due to hacking. This number is significant compared to the total amount of DeFi defi protocols that have fallen victim to attacks in the whole…4 min read4 min read
Jun 30, 2022Bright Union integrates UnslashedUsers can now compare between five risk platforms Bright Union is proud to offer its users yet another platform in its coverage marketplace. Bright Union is on an integration-streak with even more to come after this announcement. More choice for customers This integration brings Bright Union another step closer to allowing all members of…2 min read2 min read
Jun 24, 2022DeFi Risk Platform UpdateFor this month’s update, every data point has decreased in value. This is to be expected given the current crypto market. In the short-term this is not a great outlook; low cover liquidity will in turn keep sales to a minimum. To pull out a positive from this market hiccup…2 min read2 min read
