New Onchain data from IntoTheBlock reveals that Ethereum users have staked 28.9% of all Ether supply, revealing long-term interest in the asset. Staking a crypto asset means locking it into a blockchain network, prohibiting it from being sold or purchased until it is unstaked. Staking Ethereum allows holders to reap long-term rewards and typically signals…
Ethereum stakers now have major insurance to cover up for āSlashing.ā The offering comes from Bison and is backed by Munich Re Group. Crypto trading platform Bison, powered by the Bƶerse Stuttgart Group, recently launched an insured staking service for Ethereum customers. The initiative aims to offer security against risks associated with crypto staking. It…
Bit Digital, Inc. has shared an update on its journey into artificial intelligence (AI) services by securing a binding term sheet with Boosteroid Inc., a major player in the cloud gaming industry. This partnership highlights Bit Digital’s strategic direction, which focuses on enhancing its AI capabilities through its existing digital asset mining infrastructure. Bit Digital…