TL;DRFurther Support for These CryptocurrenciesThe world’s largest crypto exchange recently included Dogecoin (DOGE) and Litecoin (LTC) as collateral assets on Fixed Rate Loan. It also added ChainGPT (CGPT) as a loanable asset on the VIP Loan.Binance
Key takeawaysCrypto-backed mortgages let you use assets like Bitcoin or Ether as collateral to secure a loan without selling your holdings.The process involves choosing a lender, securing your crypto in custody, appraising the property and finalizing
Newmarket Capital has completed a loan that combines traditional real estate financing with Bitcoin collateral, introducing a novel approach to lending reported on CNBC’s “Squawk Box” on Nov. 22. The loan refinances a 63-unit multifamily property in
The G7’s finalized deal approving a Russian assets-backed loan of $50 billion to support the Ukrainian war effort has the potential to upset the Western financial system. Critics state that the U.S. and other countries may face repercussions, includi
TLDR Hut 8 paid off $38M loan from Anchorage Digital through stock conversion Conversion price was at 51% premium to recent average share price Hut 8 still carries around $290M in debt, including $150M convertible note Company launching GPU-as-a-serv
Hut 8 Corp., one of North America’s largest Bitcoin miners, has announced that Anchorage Digital has converted the remaining $38 million of its outstanding loan into common shares. The conversion was completed at $16.395 per share, representing a 51%
An MEV (Maximum Extractable Value) bot recently took out an enormous $12 million flash loan, only to make a meager $20 in profit from a sandwich attack, barely enough for a literal sandwich. The post MEV Bot Takes $12M Loan for a Mere $20 Profit in S
An MEV bot took out a $11.9 million loan to sandwich attack a user, but barely made enough to cover lunch.
Ledn, a crypto lending firm, has secured a $50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss digital asset banking group. This loan will be used to expand Ledn’s retail lending operations, providing additional liquidity to the crypto se
The Tokyo-listed firm said that it intends to allocate the majority of the loan amount to purchasing bitcoin.