The holding company for the crypto-friendly bank, BankProv, has revealed it’s no longer providing loans secured by cryptocurrency mining rigs after writing off $47.9 million in loans primarily secured by them throughout 2022….
Bankrupt crypto lending firm BlockFi has plans to sell off $160 million in loans backed by around 68,000 Bitcoin mining machines as part of bankruptcy proceedings, according to reports. In a Bloomberg report…
Tether says that its decision to eliminate security loans shows the company’s commitment to its customers. Tether, the issuer of Tether (USDT) stablecoin, is planning to remove security loans from its reserves in…
Loaning your bitcoin invites an element of risk that you may not need to incur. You should not make any financial, investment, trading or otherwise decision solely based on the information presented in…
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