According to Odaily Planet Daily, Layer2 network Kinto announced a partnership with Breach Insurance to provide anti-theft and anti-hacking services for wallets. Breach Insurance will provide and manage insurance coverage for Kinto wallets, and all Kinto wallets with assets over $100 will be automatically covered. For smart contract hacking and network attacks, users can get $2,500 in default insurance at no additional cost to users. In addition, users can also use K tokens for added protection, making it the first token mechanism for K.