Cryptocurrency insurance, explained Cryptocurrency insurance is a way to protect yourself and recover financial losses if your digital currencies, such as Bitcoin and Ether, are lost or stolen. Cryptocurrency insurance provides protection against losses that can happen from exchange breaches, hacks or theft. Traditional insurance, also termed regular insurance, often fails when it comes to cryptocurrencies, so it is important to take extra precautions. If your cryptocurrencies were to be stolen, subject to a security breach, or even lost due to a problem with a smart contract, cryptocurrency i…