On Jan. 16, Coinbase re-launched a Bitcoin-backed loan service, allowing US users to borrow USDC (USDC) using their Bitcoin ...
Owning Bitcoin once meant simply holding onto it and hoping for gains. Now, that same Bitcoin can unlock real-world value without being sold. Through a strategy known as Bitcoin loans, crypto holders ...
Sberbank used its in-house crypto custody tool to back a loan for mining firm Intelion Data, signaling broader interest in ...
The following is the typical process for acquiring a Bitcoin loan: Lock in Bitcoin through a lending platform. Receive a loan based on a loan-to-value ratio, typically falling between 30% and 70%.
In an interview with TheStreet Roundtable, Ledn co-founder Mauricio Di Bartolomeo laid out the everyday reasons people mortgage their Bitcoin rather than sell it. Many borrowers turn to Ledn when they ...
Forbes contributors publish independent expert analyses and insights. Mauricio di Bartolomeo is the cofounder of Ledn Salvadoran artisan Crisanta Cruz sells souvenirs with the B of bitcoin and also ...
Unchained lowers APRs, and reinforces its long standing commitment to transparency with a non-rehypothecation model and client-controlled multisig vaults. Today, Unchained, the leader in ...
Salvadoran President Nayib Bukele raised eyebrows among industry observers on March 4 when he said that his government’s Bitcoin purchases won’t stop, despite a requirement from the International ...
Earlier today, Coinbase announced the launch of “Bitcoin-Backed Loans” using Base, its native blockchain. But there’s one problem. (Actually, two.) These loans are not backed by Bitcoin, nor are they ...
Since US President Richard Nixon announced in 1971 that the US dollar would no longer be convertible into gold at a fixed rate, central banks around the world have started operating a fiat-based ...