Bitcoin (BTC) miner Riot Platforms (RIOT) has struck a $100 million credit agreement with Coinbase’s credit arm, using bitcoin as collateral to …
Bitcoinbacked
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DeFi
Oku brings Bitcoin-backed lending and borrowing on Corn Network with Morpho
by shayaanby shayaanOku has enabled BTC-backed lending and borrowing on Corn Network, powered by Morpho, unlocking new DeFi utility for Bitcoin holders. On April …
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DeFi
Maple CEO brings Wall Street-style institutional lending on-chain with Bitcoin-backed loans
by shayaanby shayaanSid Powell, CEO and co-founder of Maple, is bringing an inspired Wall Street lending model to the crypto sphere, using Bitcoin as …
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The Bitcoin-backed mUSD stablecoin is coming to Bitcoin’s favorite native PerpDEX platform Velar in a move that promises to be a key …
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DeFi
Velar Integrates Bitcoin-Backed Stablecoin into PerpDex via Collaboration with Mezo
by shayaanby shayaanVelar, a Bitcoin DeFi protocol, has partnered with Mezo to integrate mUSD stablecoin functionality with its perpetual decentralized exchange (PerpDex). Through collaboration, …
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Avalon Labs says it is exploring the possibility of filing the industry’s first Bitcoin-backed debt public fund aligned with SEC regulations. After …
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Coinbase has introduced Bitcoin-backed loans, allowing users to borrow USDC stablecoin without selling their Bitcoin holdings. The service, powered by the open-source …
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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 …
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