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Brazilian Crypto Exchange Mercado Bitcoin Launches Flexible Crypto Collateralized Loans
14.8.2024
Mercado Bitcoin, one of the largest Brazil-based cryptocurrency exchanges, has launched a loan product allowing users to receive credit in Brazilian reais secured by crypto collateral. The credits will be limited to 30% of the total held in crypto in the exchange, and liquidations will not...
What Are Stablecoins? A Simple Explanation of the Digital Asset Bridging Crypto and Fiat
10.9.2023
Stablecoins occupy a unique space within the realm of finance, straddling the worlds of traditional and cryptocurrency finance. These digital assets aim to achieve price stability by tethering their market value to external references such as fiat money. Stablecoins blend the characteristics...
Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 Days
20.1.2023
Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating supply of WBTC since Nov. 27, 2022. WBTC Remains Largest Operation in Terms of Bitcoin Custody...
MicroStrategy subsidiary will purchase Bitcoin after closing $205M crypto-collateralized loan
29.3.2022
The price of Bitcoin is $47,806 at the time of publication, making MicroStrategy's current 125,051 BTC holdings worth roughly $6 billion
Crypto-collateralized loans may soon bring new investors to space
23.3.2021
"Traditional lending services generally do not exist in the digital currency industry, which means there aren’t many lenders for investors to choose from,” said Jon Melton
Silvergate Bank Eyes Crypto-Collateralized Loans for Institutions
19.8.2019
Silvergate Bank, one of the cryptocurrency industry's few go-to financial service providers, is planning to become a crypto lender