Nearly 3% of the Bored Ape collection has been put up as collateral on the NFT lending platform BendDAO, and many NFTs have recently entered the 'danger zone' of being liquidated.
The money will be used by the Alborz JV to purchase S19j Pro crypto mining rigs for its Texas data center, which has a capacity of 40 megawatts.
Crypto-backed mortgages, according to a research released on May 2 by the rating agency Weiss Ratings,'spell risk.' Weiss editor Jon D. Markman called backing a mortgage with cryptocurrency a 'interesting approach,' but cautioned that 'investors should be wary' in these market conditions.
Secured, crypto-backed loans, known colloquially as crypto loans, are offered by a number of cryptocurrency exchanges and wallets. As of yet, tradi...Read more
Whether a crypto loan is worth it is a personal decision based on your own risk tolerance. If your market timing is excellent, a crypto loan can pa...Read more
Typically, no. Crypto loans, by their nature, require you to use existing cryptocurrency assets as collateral for your loan. The only exception is...Read more
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On Sunday, a staggering amount of over 9.3 million tokens will become accessible, accounting for approximately 1.2% of AXAX's overall supply.
CoinDesk's recent article sheds light on the escalating politicization of cryptocurrency matters, as exemplified by the contentious battle over a bitcoin mining facility in Upstate New York
Amidst the scarcity of verifiable information, a group of cryptocurrency enthusiasts are proactively making moves.
The crypto debates have become progressively more polarized and politicized, exemplified by a recent CoinDesk article highlighting a contentious mining facility in New York.
Nike's .SWOOSH NFT drop encountered several stumbling blocks, whereas a Bitcoin NFT collection soared to the top of the charts, and the momentum of NFT lending continues to grow.