Bison, a cryptocurrency trading platform owned by the Böerse Stuttgart Group, has launched an insured staking service for Ethereum users. This new feature allows customers to stake as little as 0.005 ETH and earn weekly rewards. The initiative is backed by German companies, including Munich Re, a global reinsurance firm, offering security against common risks associated with cryptocurrency staking. Bison's collaboration with Munich Re and Staking Facilities, a German staking provider, enables the platform to offer insured ETH staking. The insurance covers risks like slashing, operational errors, technical failures, and fraud, providing users protection while staking. All assets staked on Bison's platform are held by Böerse Stuttgart Digital Custody, licensed by the Federal Financial Supervisory Authority, ensuring compliance with German regulations. Additionally, Ethereum co-founder Vitalik Buterin supports solo staking with lower minimum deposits to enhance network security and decentralization. Börse Stuttgart Digital's partnership with DZ Bank will offer crypto trading and custody services to retail customers through cooperative banks under DZ Bank's umbrella. Read more AI-generated news on: https://app.chaingpt.org/news

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