Boerse Stuttgart Digital plans to launch fully insured cryptocurrency staking service next year

Odaily News Boerse Stuttgart Digital plans to launch a fully insured cryptocurrency staking service next year. As part of the development, global reinsurer Munich Re has designed an insurance product dedicated to reducing risk. Slashing represents a response to network breaches in proof-of-stake blockchains. rules or malicious activity and punish validators by suspending or losing their staked tokens. Boerse Stuttgart Digital has received final license from German financial regulator BaFin to provide Bitcoin trading and custody services. (CoinDesk)