Anurag Batham is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the cryp...
Tag: Collateral
JPMorgan Employs Blockchain for Collateral Settlements – crypto.news
JPMorgan is utilizing blockchain for collateral settlements, the most recent Wall Street experiment with the technology in the trade of traditional financial assets. Trialing Blockchain for Collateral...
JPMorgan Pilots Collateral Settlement Using Blockchain
The Wall Street giant is using blockchain technology for collateral settlement. The pilot transaction was conducted last week. First Blockchain Transaction Done JPMorgan Chase & Co. participated ...
JPMorgan Is Using Blockchain for Collateral Settlement
Key Takeaways JPMorgan has begun to use blockchain for collateral settlements, beginning with a pilot transaction performed last week. The transaction involved assets from BlackRock, which was not dir...
JPMorgan trials blockchain for collateral settlement in after-hours trading
Multinational investment bank JPMorgan Chase & Co is reportedly trialing the use of its own private blockchain for collateral settlements. According to Bloomberg, JPMorgan conducted a pilot transa...
Jpmorgan Chase Adopts Blockchain for Collateral Settlement
Financial tycoon, JPMorgan Chase (JPM), announced to use of blockchain technology in the collateral settlement, planning to expand to other asset types such as equities and fixed income, according to ...
JPMorgan Trials Blockchain For Collateral Settlements, Possible DeFi Bridge
Big banks are making moves into the blockchain and crypto space at a greater pace now more than ever. JPMorgan is the latest to experiment with distributed ledger technology to improve transfer effici...
Binance Loans Adds Cardano (ADA) and Avalanche (AVAX) As Collateral Assets
– Advertisement – Binance has added the two cryptocurrencies in order to expand its loan service to more users. Binance, the world’s largest cryptocurrency exchange by trade volume, has a...
Terra collapsed because it used hubris for collateral — Knifefight – Cointelegraph Magazine
The rise and fall of the Terra blockchain and family of related tokens is both one of the most convoluted and one of the most important stories happening in crypto right now. Assembled here is a plain...
Binance Loans Adds Two Digital Assets As Collateral
Binance has added two digital assets to its Binance Loans platform to cover more registered traders who seek to acquire funds from the platform. The digital assets that have been added are BAL and BAN...
Digital Collectible Owners Continue to Take Loans out Using NFTs as Collateral – Blockchain Bitcoin News
While non-fungible token (NFT) collectibles have become a hot commodity over the last 12 months, a number of NFT owners are taking loans out against their NFTs. This month, a project called Nftfi has ...
Trust in stablecoins ‘infinitely more important’ than collateral
In light of recent market effects due to the collapse of the TerraUSD (UST) stablecoin, several questions should be answered about what makes a stablecoin usable as the crypto market expands. Co-found...
Do Kwon Pledges to Rebuild UST (This Time With Collateral Backing)
Following a failed attempt to defend the peg for the TerraUSD (UST) stablecoin, TerraForm Labs CEO Do Kwon has finally admitted that it is now embarking on a plan to “rebuild UST.” Recall that a sleut...
Michael Saylor Says MicroStrategy Could Post ‘Other Collateral’ if Bitcoin Crashes
MicroStrategy CEO Michael Saylor has been a vocal Bitcoin advocate, with his company holding 129,218 Bitcoin (nearly $4.1 billion worth) as of its latest quarterly earnings report. While being the big...
MicroStrategy Gives Lowest Possible Bitcoin Price to Require Maintenance Collateral
With Bitcoin’s price on the decline, rumors have buzzed about whether MicroStrategy risks getting liquidated on its $205 million Silvergate loan. On Tuesday, company CEO Michael Saylor cleared the air...
Cardano NFTs as collateral for lending- The Cryptonomist
In this article we are interviewing Matteo Cappola from FluidTokens, a project on Cardano working to unlock the use of NFTs as collateral for loans in a decentralized and peer-to-peer way. In other wo...
Drops DAO Mainnet Finally Goes Live, Adding NFTs As Collateral
Advertisement     Drops DAO, a decentralized lending network based in Lithuania, has officially announced that its mainnet version will go online on Wednesday, May 4, ...
Drops DAO Goes Live in Mainnet, Starts Accepting DeFi and NFT Assets as Collateral
Vladislav Sopov Drops DAO starts issuing loans against collateralized non-fungible tokens (NFTs) as its platform goes live in mainnet Contents Drops DAO goes live in mainnet to change the game in NFT ...
Singapore’s Cake DeFi Launches New Loan Service, Accepting Crypto as Collateral
Cake DeFi, a Singapore-based fintech platform, announced on Thursday that it has launched a new decentralized finance (DeFi) service that lets users get loans using cryptocurrencies as collateral. The...
Commodity expert says Bitcoin ‘is becoming collateral’ in world’s digital shift
While Bitcoin (BTC) continues to trade above the $40,000 mark, after a recent drop from a weekly high of $42,878 it reached a day ago, some financial experts have expressed the belief in it becoming g...
Justin Sun Plans a Tron Stablecoin With $10 Billion of Crypto Collateral
Tron founder Justin Sun has announced plans to launch a decentralized algorithmic stablecoin called USDD on the TRON blockchain network. In an open letter on Thursday (April 21, 2022), Sun revealed th...
Nexo Unveils Credit Card Backed By Crypto Collateral
Virtual asset service provider Nexo has launched a crypto-backed credit card service It allows users to spend money and make payments while leveraging their cryptocurrencies as collateral The feature ...
Silvergate Bank Loans MicroStrategy $205M With BTC as Collateral – crypto.news
Earlier today, Silvergate Capital Corporation announced a $205M loan from Silvergate Exchange Network (SEN) to MicroStrategy that has BTC as collateral. MacroStrategy LLC is a subsidiary of mobile tec...
MacroStrategy Secures Collateral Loan, Worth $205m from Silvergate Bank for Purchasing Bitcoin
MacroStrategy, a subsidiary of MicroStrategy, a US business software firm, announced Tuesday that it secured a $205 million term loan from Silvergate Bank, a crypto-focused bank. The loan was offered ...
Cato Institute slams Sen. Warren’s sanctions evasion bill: “collateral damage”
Last week U.S. Senator Elizabeth Warren (D-MA), along with ten other democrat senators, introduced a bill to block cryptocurrency companies from conducting business with sanctioned companies, fearing ...
Luna Foundation Guard votes to raise additional $372 million collateral
advertisement The Luna Foundation Guard (LFG) has announced a plan to burn 4 million Terra (LUNA) coins — currently worth $365 million — to mint about 372 million TerraUSD (UST), which will be used to...
Bitcoin Becoming Global Digital Collateral due to Russia-Ukraine War, says Analysts
Bitcoin (BTC) is playing a very important role in the ongoing war between Russia and Ukraine, and residents of these two nations have taken to the digital currency to complete most offshore transactio...
Russia-Ukraine Conflict Helping Bitcoin To Become Global Digital Collateral: Mike McGlone
The ongoing crisis between Russia and Ukraine may just be bringing out the best in Bitcoin. According to Bloomber strategist Mike McGlone, the conflict may mark another step in Bitcoin’s journey to be...
$510 Million In Collateral Liquidations Will Trigger At This Ethereum (ETH) Price
The Ethereum blockchain continues to face issues of high gas fees. Nansen, an Ethereum gas fee tracking platform, revealed that Ethereum gas fees have been on the rise. On the day, median gas fees rea...
CoinList Aims to Reduce Miners’ Capital Costs With Low Collateral Filecoin Loans
The company aims to help new miners lower their upfront cost by providing a FIL borrowing facility that requires collateral of as little as 10% of the total loan value. “By allowing for lower collater...
‘Is this a good deal, or should I run for the hills?’ My boyfriend of five years wants me to give him a $165,000 loan using his house as collateral
Dear Quentin, I would like your advice on giving a hard-money loan to the man I’ve been dating for five years. He pressed me on this issue three years ago. I didn’t do the loan then, and it was a seri...