Coinbase has launched Bitcoin-backed onchain loans through Morpho, a decentralized lending protocol available on Ethereum and Base.
The bitcoin miner holds 44,893 BTC on its balance sheet, it said in a production report.
NYDIG, Stone Ridge’s subsidiary that offers Bitcoin-backed loans, is preparing to expand its offering through float financing, according to the firm’s 2024 investor letter. The letter rebuts common objections to Bitcoin’s (BTC) utility, suggesting that it can generate cash flow through sales and serve as collateral for fiat loans. Float is a key concept in […]
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The potential deployment on a Bitcoin layer-2 by the largest DeFi lending protocol highlights the appetite for harnessing the original blockchain for purposes that are commonplace elsewhere in the crypto ecosystem.
Some $350 million notional value of November call options traded on CME with a breakeven bitcoin price of nearly $80,000, anticipating a rally next month, one analyst noted.
The Donald Trump-backed crypto platform, World Liberty Financial, wants to run as an instance on the DeFi protocol Aave.
The plan would create markets for DAI-replacement USDS on Aave.
Layer-2 chains Base and Scroll have contributed to Aave’s recent borrower and depositor growth.
Layer-2 chains Base and Scroll have contributed to Aave’s recent borrower and depositor growth.
The strategic funding round included a16z, Coinbase Ventures, Variant, Pantera and Brevan Howard.
Blockchain security firm Cyvers Alert reported a significant exploit on the DeFi lending protocol UwU Lend, which resulted in an approximately $19.5 million loss. The attacker funded their wallet via the sanctioned crypto mixer Tornado Cash. Cyvers co-founder and CTO Meir Dolev told CryptoSlate in a June 10 statement: “The UWU lending contract was exploited […]
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DLC.Link CEO Aki Balogh tells The Agenda how DeFi on Bitcoin will unlock BTC’s potential for collateral, yield farming and more.
Liquity V2 will allow borrowers to set their borrowing costs, a novel approach in DeFi, and pays the lion's share of protocol revenues back to liquidity providers.
On May 3, the US DOJ announced charges against former executives of Cred, a bankrupt crypto lending and investing firm. Authorities alleged that the three accused individuals — Cred co-owner and former CEO Daniel Schatt, former CFO Joseph Podulka, and former CCO James Alexander — took part in a scheme that caused customers to lose […]
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Crypto's high yield structured product sector is getting a bit more mature.
The platform was part of a targeted campaign by state regulators and promised to stop U.S retail operations last summer.
Solana‘s total value locked (TVL) currently stands at $4.666 billion, with a bridged TVL reaching just over $21 billion as of press time. This figure is distributed across dozens of protocols, each contributing to the burgeoning ecosystem in a unique way. The distribution of value across protocols is an indicator of user preferences, emerging trends, […]
The post Solana’s DeFi landscape matures with significant growth in liquidity and lending sectors appeared first on CryptoSlate.
Investors will be able to take out crypto loans by pledging TrueFi's U.S. Treasury bill tokens, with plans to expand collateral to other types of tokenized RWAs, according to the proposal.
"There are possibilities to solidify the treasury at low risk," pseudonymous JPEG'd contributor 0xTutti told CoinDesk.
The subsidiary of Japanese Monex Group had already said it would cease providing services in the United States.
Grayscale investment products are no substitute for BTC, Genesis creditors say, and there’s still the matter of late fees.