US Military Denies Strait of Hormuz Strikes as Crypto Insurance Schemes Surface

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While the event itself is trivial, it highlights the value of decentralized insurance protocols (e.g., Nexus Mutual, Etherisc) that could automate compensation for travel disruptions without relying on traditional claims processes. This aligns with crypto's narrative of disintermediation and programmable trust, though adoption remains niche.

A couple lost £1,000 after their flight was cancelled, and the article provides a checklist to avoid similar losses.