","button_title":"Play-to-Earn Game List","span_one":"No obligations","span_two":"Free to use"}},"header":{"homepage":"Homepage","Game Reviews":"Game Reviews","Game List":"Game List","Developers":"Developers","Developer List":"Developer List","Gaming News":"Gaming News","search":"Search","local":"en","Popular P2E Developers":"Popular P2E Developers","Play To Earn Games":"Play To Earn Games","P2E Games":"P2E Games","Crypto Games":"Crypto Games","Web3 Games":"Web3 Games"},"meta":{"title":"Games to Earn, Blockchain, NFT, P2E Games List","description":"Play hundreds of games! Games to Earn, P2E, Blockchain, NFT, Crypto, Web3 Games. Read game reviews and start playing right away. Play now!","ogType":"article","keywords":"NFT Games, Crypto Games, Earning Games, Earning Games, Blockchain Games, P2E Games"}}},"initialLocale":"pt","ns":["news_letter","singleNews","singleGame","footer","common","header","meta"],"userConfig":{"i18n":{"locales":["en","hi","fr","es","de","pt","nl","tr"],"localeDetection":false,"defaultLocale":"en","domains":[{"domain":"playtoearngames.com","defaultLocale":"en"},{"domain":"hi.playtoearngames.com","defaultLocale":"hi","locales":["hi-IN"]},{"domain":"fr.playtoearngames.com","defaultLocale":"fr","locales":["fr-BE","fr-CA"]},{"domain":"es.playtoearngames.com","defaultLocale":"es","locales":["es-GT","es-MX"]},{"domain":"pt.playtoearngames.com","defaultLocale":"pt","locales":["pt-BR"]},{"domain":"de.playtoearngames.com","defaultLocale":"de","locales":["de","de-DE","de-AT","de-CH"]},{"domain":"nl.playtoearngames.com","defaultLocale":"nl","locales":["nl-BE"]},{"domain":"tr.playtoearngames.com","defaultLocale":"tr"}]},"trailingSlash":true,"default":{"i18n":{"locales":["en","hi","fr","es","de","pt","nl","tr"],"localeDetection":false,"defaultLocale":"en","domains":[{"domain":"playtoearngames.com","defaultLocale":"en"},{"domain":"hi.playtoearngames.com","defaultLocale":"hi","locales":["hi-IN"]},{"domain":"fr.playtoearngames.com","defaultLocale":"fr","locales":["fr-BE","fr-CA"]},{"domain":"es.playtoearngames.com","defaultLocale":"es","locales":["es-GT","es-MX"]},{"domain":"pt.playtoearngames.com","defaultLocale":"pt","locales":["pt-BR"]},{"domain":"de.playtoearngames.com","defaultLocale":"de","locales":["de","de-DE","de-AT","de-CH"]},{"domain":"nl.playtoearngames.com","defaultLocale":"nl","locales":["nl-BE"]},{"domain":"tr.playtoearngames.com","defaultLocale":"tr"}]},"trailingSlash":true}}}}Bison Launches Insured Ethereum Staking by Boerse Stuttgart - Play to Earn Games News
Bison Launches Insured Ethereum Staking by Boerse Stuttgart
Reinout te Brake | 08 Oct 2024 17:24 UTC
Ethereum Stakers Gain Major Insurance Coverage from Bison and Munich Re Group
crypto trading platform Bison, operated by the Böerse Stuttgart Group, has introduced a groundbreaking insured Staking service for Ethereum users. This innovative offering aims to provide a safety net against the risks associated with CryptoStaking while enabling customers to stake as little as 0.005 Ethereum (ETH) and earn weekly Rewards.
Bison Teams Up with Munich Re and Staking Facilities
Bison has rolled out this service with the support of renowned German companies, including Munich Re Group, a leading insurance provider, and Staking Facilities, a prominent staking service provider. The insurance coverage is specifically designed to protect stakers against the main risk of "slashing" in the Crypto space.
For those unfamiliar with the term, slashing refers to punitive measures taken against validators for improper conduct within the network. Validators can face the loss of their staked tokens due to intentional wrongdoing or violations of the network's Governance rules. With the introduction of this insurance service, stakeholders can now operate with greater peace of mind, minimizing potential losses on their Investments.
As noted by CNF in a previous article, Munich Re’s policy shields stakers from technical failures, potential fraud, and operational errors, offering a layer of protection against common risks. Additionally, Bison has collaborated with Böerse Stuttgart Digital Custody to ensure compliance with German regulatory standards. The assets staked through Bison’s platform are securely held by the licensed Böerse Stuttgart Digital Custody, authorized by the Federal Financial Supervisory Authority.
The launch of Bison’s insured ETH staking service follows Ethereum co-founder Vitalik Buterin's endorsement of solo staking, advocating for reduced minimum staking deposits for solo stakers. Buterin believes that lowering the threshold to 16 to 24 ETH will enhance network Decentralization and Security.
Boerse Stuttgart Partners with DZ Bank
This recent initiative underscores the increasing involvement of traditional financial institutions in the digital asset sector. In a move signaling this shift, DZ Bank, Germany’s second-largest bank, revealed plans to introduce crypto trading and custody services in collaboration with Boerse Stuttgart Digital.
The partnership will enable approximately 700 cooperative banks under DZ Bank’s purview to offer retail customers access to cryptocurrencies like Bitcoin. The rollout will occur in phases, commencing later this year, with selected retail clients being the first to Experience the new crypto trading options.
As discussed by CNF in prior coverage, this partnership aligns with projections indicating that around 25% of Europeans will invest in cryptocurrencies by 2028. Dr. Matthias Voelkel, CEO of Boerse Stuttgart Group, emphasized the firm's infrastructure capabilities in meeting the evolving demands of customers.
Voelkel highlighted the company's customer-centric approach and partnership with DZ Bank as positioning Boerse as a pioneer in Europe, providing crypto access to a large retail audience. Boerse Stuttgart Digital prides itself on being a regulated platform for trading and custody services, enabling financial institutions to offer secure crypto access to retail users.