.

Layer2 Network Kinto Partners with Breach Insurance to Provide Anti-Theft Services.

According to Odaily, Layer2 network Kinto has announced a partnership with Breach Insurance to provide protection services for its wallets against theft and hacking. Breach Insurance will manage the insurance coverage of Kinto wallets, and any assets over $100 will be automatically covered.

In case of cyberattacks or smart contract attacks, users can receive a default insurance of $2,500 at no additional cost. Users can also use K tokens to enhance their protection, making it the first token mechanism for K. This partnership aims to increase the security of Kinto wallets and protect users’ assets from potential cyber threats.