TechFlow News: On March 26, according to PRNewswire, digital asset insurance provider Soter Insure announced the launch of Ethereum-denominated slashing insurance—developed in collaboration with Galaxy Digital. This product specifically addresses the core risk of asset slashing faced by validators participating in Ethereum staking due to protocol violations, offering security for both Ethereum validators and institutional stakers. Premiums and claims are both priced and settled in ETH, resolving the issue of insufficient coverage inherent in traditional USD-denominated insurance during ETH price appreciation—and thereby eliminating “currency mismatch risk.”
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