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US-Based Mortgage Firm Permits Homebuyers to Use Crypto Holdings as Collateral

US-Based Mortgage Firm Permits Homebuyers to Use Crypto Holdings as Collateral

Milo, a financial technology company that reimagines mortgage credit, removes the obstacle for down payments if homebuyers use crypto holdings as collateral for home loans.

Singapore’s Cake DeFi Launches New Loan Service, Accepting Crypto as Collateral

Singapore’s Cake DeFi Launches New Loan Service, Accepting Crypto as Collateral

Customers of Cake DeFi platform will now be able to get cash loans by placing their cryptocurrencies as collateral.

How And Why Can Collateral Be Used For Financial Services?

How And Why Can Collateral Be Used For Financial Services?

As the cryptocurrency industry provides access to financial products such as loans, it is essential to understand the importance of collateral.

JPMorgan Chase Adopts Blockchain for Collateral Settlement

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 Bloomberg.

Coinbase Exchange Users Can Borrow Up to $1M Loan with Bitcoin as Collateral

Coinbase Exchange Users Can Borrow Up to $1M Loan with Bitcoin as Collateral

American digital currency exchange Coinbase Global has launched a loan service that will allow its users to take up to 40% of the total value of their Bitcoin holdings as a loan.

Curve Founder Proposes Venus Protocol Deployment on Ethereum Mainnet

Curve Founder Proposes Venus Protocol Deployment on Ethereum Mainnet

Michael Egorov of Curve Finance proposes launching Venus Protocol on Ethereum Mainnet, incorporating Curve's stablecoin crvUSD and CRV as collaterals, with community support for growth.

DTCC Announces Changes to Collateral Allocation for Bitcoin-Linked ETFs

DTCC Announces Changes to Collateral Allocation for Bitcoin-Linked ETFs

The Depository Trust and Clearing Corporation (DTCC) will no longer allocate collateral or extend loans against ETFs with Bitcoin and cryptocurrencies exposure, impacting financial stability and credit assessment.

Bitcoin Price on Course to $100,000 by 3rd Quarter of 2021, says 10T Holdings Co-founder

Bitcoin Price on Course to $100,000 by 3rd Quarter of 2021, says 10T Holdings Co-founder

Dan Tapiero, the co-founder of fintech and digital assets firm 10T Holdings, believes that BTC has not missed a step in its journey of hitting $100,000 by the third quarter of 2021.

Aave (LEND) Is Up By Over 11,000 Percent This Year, DeFi Market Reaches $11 Billion in Total Value Locked

Aave (LEND) Is Up By Over 11,000 Percent This Year, DeFi Market Reaches $11 Billion in Total Value Locked

The continuous rise and the unending support for the decentralized finance (DeFi) industry has resulted in a total of $11 billion in total value locked.

Yearn.finance Announces Partnership With Cream and New Lending Project: Stable Credit

Yearn.finance Announces Partnership With Cream and New Lending Project: Stable Credit

Yearn.finance founder Andre Cronje has recently published details of an upcoming integration with Cream, a DeFi lending protocol.

$1.5 Billion of BTC Locked Up In Ethereum

$1.5 Billion of BTC Locked Up In Ethereum

Bitcoin maxis are turning to the dark side as the value proposition of DeFi sees record levels of Bitcoin on Ethereum.

Filecoin Creator Dismisses Miners Strike and says the Allegations are “Nonsense”

Filecoin Creator Dismisses Miners Strike and says the Allegations are “Nonsense”

Filecoin creator, Juan Benet recently took it to Twitter to deny the allegations against the protocol’s miners’ strike one day after its launch.

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