Insurance coverage is a growing trend among businesses that hold users' cryptocurrency. Custodial solution KNØX has insurance, also from Lloyd's, which covers losses of up to $100 million. The Winklevoss brothers created their own insurance company earlier this month to guarantee losses up to $200 million for Gemini exchange users. Coinbase previously held the record for the largest insurance coverage in crypto, insuring against third-party attacks of up to $255 million for digital assets held in the exchange's hot wallets. With Bittrex's news this week, the bar has been raised by a cool $45 million.

https://www.coindesk.com/bittrex-secures-record-300m-insurance-on-crypto-held-in-cold-storage