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Bitcoin collateralized loans can accelerate capital velocity: Ledn CEO
30.8.2024
Sprawling bureaucracies, inefficient processes, and fax machine-era technology have hampered economic development and capital velocity
Bitcoin collateralized loans can accelerate capital velocity: Ledn CEO
30.8.2024
Sprawling bureaucracies, inefficient processes, and fax machine-era technology have hampered economic development and capital velocity
Celsius sues Tether seeking $3.5B over Bitcoin collateral selloff
10.8.2024
The assets in question were evidently given to Tether as collateral
Rehypothecation May Be Common in Traditional Finance, but It Will Never Work With Bitcoin
10.5.2023
Applying rehypothecation onto bitcoin or crypto ignores the fundamental essence of these assets arising from a core bitcoin innovation, Christopher Calicott writes
Microstrategy Debunks Margin Call Rumor — Says Bitcoin Liquidation Unnecessary Even if BTC Falls Below $3,562
16.6.2022
The CEO of the Nasdaq-listed software company Microstrategy has debunked the rumor that his company is facing a margin call for a bitcoin-backed loan and will be forced to sell some coins. If the price of the cryptocurrency “falls below $3,562 the company could post some other...
Terra Founder Hints at $3 Billion BTC Purchase, Explains New Bitcoin-Linked Tokenomics
21.3.2022
Terra founder Do Kwon hinted at a future purchase of $3 billion worth of bitcoin to supply the reserves of the protocol in a recent Twitter Space shared with bitcoin enthusiast Udi Wertheimer. In the same Space, Do Kwon explained the new mechanics that the Terra ecosystem is introducing in order...
Coinbase Lets Customers Borrow up to $1 Million Using Bitcoin as Collateral
3.11.2021
The Nasdaq-listed crypto exchange Coinbase is now letting customers borrow up to $1 million using bitcoin as collateral. The company charges 8% APR but there is no credit check. The exchange said that the bitcoin used as collateral “remains safely held by Coinbase,” emphasizing...
BTC Branded ‘the Most Portable Asset’ as 420k Bitcoins Used as Collateral in Q4 of 2020
3.3.2021
According to the findings of a joint Arcane Research and Bistamp study, bitcoin’s unique characteristics, which include it being “the most portable asset”, are the likely contributing factors behind the increasing use of the crypto as a collateral asset. Bitcoin Unmatched This...
Fidelity Digital to Accept Bitcoin as Collateral for Cash Loans
10.12.2020
Fidelity Digital says it will allow institutional customers to pledge bitcoin as collateral against cash loans in partnership with Blockfi. The firm’s decision helps bitcoin investors turn their digital holdings into cash without selling. Fidelity’s targeted clients include hedge funds...
Fidelity Digital to Accept Bitcoin Collateral on Cash Loans for Institutions
9.12.2020
Fidelity Digital Assets is reportedly partnering with crypto lender BlockFi for the new business angle
Defi for Bitcoin: Collateral Peg Platform Provides Noncustodial BTC Lending on Ethereum
19.2.2020
During the second week of February, a new project called tBTC was unveiled that is similar to the Wrapped Bitcoin (WBTC) created with the Ethereum network. However, the tBTC effort claims to be a noncustodial application that allows users to deposit BTC, mint tBTC, and lend it with interest. Also...
Silvergate Bank and Bitstamp Launch Bitcoin Collateralized Loans
16.1.2020
U.S.-based Silvergate Bank has launched a bitcoin collateralized loan product with Bitstamp as its launch partner. The crypto exchange will act as the bank’s agent to manage and provide custody for bitcoin collateral. The product utilizes Silvergate Bank’s Exchange Network to fund loans...