BlockFi confirms it holds 50% of client funds in short-term positions with 10% in collateral

BlockFi appears to be managing damage control as it sent out an email to users Wednesday evening for investors “looking for reassurance in this crypto bear market. ” The email confirmed that BlockFi continues to put risk management first while navigating market volatility. дальше »

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Celsius Repays $183M on DeFi Exchange Maker, Gets Back Collateral, Blockchain Data Shows

The troubled crypto lender paid down $183 million of its debt to the decentralized exchange Maker, blockchain data shows, possibly in a bid to recover bitcoin-linked collateral that otherwise would remain trapped. дальше »

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Celsius Repays $183M on DeFi Protocol Maker, Gets Back Collateral, Blockchain Data Shows

The troubled crypto lender paid down $183 million of its debt to the decentralized exchange Maker, blockchain data shows, possibly in a bid to recover bitcoin-linked collateral that otherwise would remain trapped. дальше »

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Hxro Begins Testing Crypto Derivatives Trading Platform on Solana

Susquehanna-backed Hxro is using dummy tokens as collateral to stress test its derivatives marketplace on Solana mainnet. дальше »

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Citi calls out potential risks of crypto-backed mortgages and benefits of metaverse property

"Ultimately, the cryptocurrency may be liquidated if the collateral value falls below a certain threshold, such as 35% of the property value,” said the report. дальше »

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Ethereum liquidity provider XCarnival negotiates return of 50% stolen ETH

According to blockchain investigator Packshield, the hacker used a previously withdrawn pledged NFT from the Bored Ape Yacht Club collection as collateral to drain the assets. дальше »

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Crypto.com Loans & Lending Review – What Are The Rates, LTV, Collateral, Supported Coins

Most people want to take out a loan at some point in their lives. Until recently, your options were limited by your FISA score, the US version of China’s Social Credit Score. Your previous financial behavior is used to approve or deny a loan application. дальше »

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MicroStrategy pushes away Margin Call rumours

MicroStrategy's bank account now holds 129,218 Bitcoins. In fact, some believe the firm may be obliged to liquidate or pledge a significant portion of its Bitcoin reserves as collateral as a result ofThe post MicroStrategy pushes away Margin Call rumours appeared first on AMBCrypto. дальше »

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Celsius races to add more collateral to Maker as threat of liquidation looms

Crypto lending firm Celsius has been racing to top up its collateral on Maker to raise its assets’ liquidation price. The post Celsius races to add more collateral to Maker as threat of liquidation looms appeared first on CryptoSlate. дальше »

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$500M of on-chain collateral will face liquidation if ETH falls to...

Ethereum [ETH], the world's largest altcoin, might be losing its plot despite anticipation around the Merge. Rather, one can say that the token is seeing a delayed plot. Ethereum core developer Tim BeThe post $500M of on-chain collateral will face liquidation if ETH falls to... appeared first on AMBCrypto. дальше »

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Terra's Do Kwon Still Refuses to Release Collateral Logs Following $80 Million Pocketing Scandal

Entire situation is shaping up like a massive scam conducted by Terra co-founder дальше »

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TRON upgrades USDD in the aftermath of TerraUSD collapse

USSD is the first over-collateralized decentralized stablecoin, with guaranteed minimum collateral ratio of 130%.… The post TRON upgrades USDD in the aftermath of TerraUSD collapse appeared first on CoinJournal. дальше »

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USDD upgrades into the first over-collateralized decentralized Stablecoin

Currently Collateralized at Over 200% with a Guaranteed Minimum Collateral Ratio of 130% TRON-based USDD has joined the league of global crypto titans, surpassing several significant milestones in The post USDD upgrades into the first over-collateralized decentralized Stablecoin appeared first on AMBCrypto. дальше »

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TRON’s USDD Stablecoin Collateral Building Up to Prevent Repeat of Terra’s UST Stablecoin

In a bid to improve transparency surrounding its new algorithmic stablecoin, Tron has revealed details of its new coin’s collateralization strategy. The post TRON’s USDD Stablecoin Collateral Building Up to Prevent Repeat of Terra’s UST Stablecoin appeared first on BeInCrypto. дальше »

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Mirror Protocol Being Attacked as $2 Million Already Drained by Hacker

Mirror Platform was only few minutes away from catastrophe caused by Luna collateral дальше »

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JP Morgan Embraces Blockchain Technology Yet Jamie Damon Stays Critical Of Bitcoin

JP Morgan is taking more profound steps in blockchain technology in recent development. This new generation bank now uses blockchain in maintaining its collateral statements. According to the report, JPMorgan Chase & Co has completed its pilot transaction on a blockchain. дальше »

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JPMorgan trials blockchain for collateral settlement in after-hours trading

“What we’ve achieved is the friction-less transfer of collateral assets on an instantaneous basis,” stated JPMorgan’s global head of trading services Ben Challice. дальше »

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JPMorgan Is Using Blockchain for Collateral Settlement

JPMorgan is using blockchain technology for collateral settlements, according to new reports from Bloomberg. Transaction Involved BlackRock Assets In a pilot blockchain transaction, JPMorgan Chase & Co. transferred tokenized money... дальше »

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Terra collapsed because it used hubris for collateral — Knifefight

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Trust in stablecoins ‘infinitely more important’ than collateral

As the debate over the trustworthiness of stablecoins intensifies due to Terra, one expert thinks builders should push for the coins to be decentralized with a clear use case. дальше »

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Saylor Pledges More Bitcoin to Back Loan From Silvergate Following Price Drop

Michael Saylor, CEO, and co-founder of MicroStrategy reassures lender Silvergate Bank that the company will post alternative collateral for a $205M loan should BTC dip below $3,562. The post Saylor Pledges More Bitcoin to Back Loan From Silvergate Following Price Drop appeared first on BeInCrypto. дальше »

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MicroStrategy Will Never Sell Its Bitcoin, Saylor Suggests

Michael Saylor said that in addition to 115,109 BTC, MicroStrategy could pledge ‘some other collateral’ if needed. дальше »

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Bitcoin network transactions and fees surge amid investor de-risking

Investors are urgently sending Bitcoin into exchanges in order to either de-risk their portfolio or to protect margin positions with more collateral, according to Glassnode’s latest report. дальше »

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Drops DAO launches Mainnet To Allow Borrowing of NFT-collateralized Loans

The mainnet launch opens up the crypto ecosystem to instant decentralized loans using non-fungible tokens (NFTs), JPEG and metaverse assets as collateral. Drops DAO, a decentralized lending platform, is celebrating the launch of its mainnet, unlocking its ecosystem for users to borrow loans and interact with everything the ecosystem has to offer. дальше »

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Drops DAO Mainnet Finally Goes Live, Adding NFTs As Collateral

Drops DAO, a decentralized lending network based in Lithuania, has officially announced that its mainnet version will go online on Wednesday, May 4, 2022. The mainnet’s debut gives users and community members access to the Drops ecosystem, allowing them to interact with and use all of the ecosystem’s features. дальше »

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Nexo Grants $3.3M NFT Loan to CryptoPunk Owner

An anonymous borrower put up two rare CryptoPunks as collateral for a 1200 ETH loan from crypto-lender Nexo. The post Nexo Grants $3.3M NFT Loan to CryptoPunk Owner appeared first on BeInCrypto. дальше »

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Weiss Ratings issues warning over crypto mortgage risks

Weiss analysts are wary of the usage of volatile crypto assets as collateral for long-term property loans.

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Hashstack Finance Announces The Public Testnet Launch Of Its Open Protocol

Decentralized finance (DeFi) platform Hashstack Finance has announced the public testnet launch of its Open Protocol to disrupt the DeFi lending market. As per the announcement, the Open Protocol will allow DeFi users to access expert first tips on how to get the utmost worth out of their collateral when borrowing. Hashstack hopes this launch […] дальше »

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Goldman Sachs Offers First ‘Bitcoin-Backed’ Loan; Crypto-Backed Real Estate is Now a Thing

On Thursday, Goldman Sachs offered its first bitcoin-backed loan to a borrower who was able to use their BTC as collateral for a cash loan. The post Goldman Sachs Offers First ‘Bitcoin-Backed’ Loan; Crypto-Backed Real Estate is Now a Thing appeared first on BeInCrypto. дальше »

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Goldman Sachs Makes Its First Bitcoin-Backed Loan

The global investment bank allowed a borrower to use the cryptocurrency as collateral for a cash loan. дальше »

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Cake DeFi Launches New Product “Borrow” Enabling Users To Strengthen Their Crypto Portfolios

Cake DeFi, a fintech platform based in Singapore is elated to announce the launch of a new product, ‘Borrow’ that will give users opportunities to strengthen their crypto portfolios. Cake DeFi’s new product reportedly allows users to borrow Decentralized USD (DUSD) by pegging Ether, Bitcoin, Tether USDC, and DFI as collateral. Note, Borrow will allow […] дальше »

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Coinbase Loans Review – LTV, Collateral, Rates

You may have seen the recent headlines about Coinbase offering million-dollar loans against Bitcoin. This is important – it’s how rich people have always done it – they borrow against their hard assets but never sell them. дальше »

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Beanstalk Farms loses $182M in DeFi governance exploit

The stablecoin protocol saw its own governance proposal system exploited enabling the malicious actors to extract all of its $182 million in collateral. дальше »

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Reputation DAO: Would you give up privacy for unsecured loans in DeFi?

The platform intends on leveraging users’ personal financial information such as credit score and AML/KYC to help reduce the collateral needed to take out a DeFi loan. дальше »

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Bitcoin-Backed Mortgages And Pristine Collateral Discussed At Bitcoin 2022

Bitcoin as an asset is a perfect form of collateral and will likely be used to provide financial backing for mortgages and other forms of debt. дальше »

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CryptoPunks Owner Borrows $8.3M

News of the NFT owner who placed their assets as collateral for an $8.3 million loan is currently making rounds around the NFT ecosystem.  Legend Of ox65od – The Story So Far In February 2022, the famous auction house Sotheby’s was slated to offer a lot of 104 high-value CryptoPunks NFT, an Ethereum based NFT […] The post CryptoPunks Owner Borrows $8.3M appeared first on NFT News Today. дальше »

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Whales buy $12.25M worth of FTX Token, should you buy FTT?

The FTX Token FTT/USD is essentially the exchange token used throughout the FTX ecosystem and exchange.   It serves the role of being collateral for futures positions and even enables users to get discounts on trading fees, receive OTC rebates, and a lot more. дальше »

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Bitcoin dices with $46K as Elon Musk Twitter buy sends Dogecoin near 2-month highs

Collateral gains are the only signs of joy for short-term crypto traders on April 4 as Bitcoin and most major assets stay flat.

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Silvergate Bank Loans MicroStrategy $205M With BTC as Collateral

Earlier today, Silvergate Capital Corporation announced a $205M loan from Silvergate Exchange Network (SEN) to MicroStrategy that has BTC as collateral. MacroStrategy LLC is a subsidiary of mobile technology services provider MicroStrategy. дальше »

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MicroStrategy Unit Gets $205M Collateral Loan From Silvergate to Buy Bitcoin

The term loan from Silvergate Bank can also be used for general corporate purposes. дальше »

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Bitcoin Likely To Continue Upward Trajectory, Is $50K Its Next Target?

Bitcoin approaches the high area around its current levels, for the first time since the start of 2022. The cryptocurrency has seen some relief from the macro factors putting selling pressure on its price action, and a new narrative has revigorated the bulls: BTC as pristine collateral. дальше »

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Cato Institute slams Sen. Warren’s sanctions evasion bill: “collateral damage”

Last week United States Senator Elizabeth Warren (D-MA), along with ten other democrat senators, introduced a bill to block cryptocurrency companies from conducting business with sanctioned companies, fearing cryptocurrencies might constitute a vehicle for evading sanctions against Russia in the ongoing war with Ukraine. дальше »

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Bold Credit Card: Spend Against Bitcoin Collateral

The Bold card will allow users to spend U.S. dollars on a line of credit collateralized by their bitcoin holdings. дальше »

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Interview: DeFi platform TrueFi unveil $750M SBP for Alameda

Typically, in the world of cryptocurrency, borrowers are forced to overcollaterise in order to take out a loan. Given the volatility of crypto, this is intuitive – overcollaterisation helps reduce the chance of the collateral being worth less than the loan in the event of a market drop. дальше »

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Blockfi vs Coinbase 2022: Fees, Limits, Credit Cards Compared

BlockFi BlockFi is a cryptocurrency investment platform that allows users to lend their crypto assets and earn interest. Users can also use their crypto holdings as collateral to secure loans. The cryptocurrency platform enables users to leverage their crypto assets and put them to good use. дальше »

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Algorand cross-chain bridge platform Glitter Finance to utilize Algoracle data feeds

Algoracle, a decentralized oracle network built on the Algorand blockchain, announced today a partnership with Glitter Finance, a cross-chain bridge that allows the redeployment of a portion of locked tokens (collateral) on one chain into yield-generating vaults on another chain. дальше »

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Finance Redefined: Alchemy raises $200M, Bunny goes DAO, Feb. 4–11

Alchemy raises $200 million in a Series C round, Hashstack launches collateral protocol on Harmony, and Bunny Finance forms DAO after a hack — all coming to you in this week’s Finance Redefined. дальше »

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Hashstack Finance Launches Open Protocol On The Testnet To Solve One of DeFi Lending’s Key Issues

The decentralized finance industry needs a severe shakeup where its current borrowing requirements are concerned. Forcing users to put up more collateral than they seek to borrow is not feasible in the long term. дальше »

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ETH money markets process $200M in liquidations in one day

As ether lost more than 14% on Friday, its biggest single-day drop in more than half a year, it triggered liquidations of collateral locked in decentralized money markets, some of which made an impressive profit off liquidation fees, CoinDesk wrote. дальше »

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Milo Launches Bitcoin Mortgage In The U.S.

The fintech announced U.S. and non-U.S. customers alike would soon be able to use bitcoin as collateral to invest in real estate. дальше »

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