Tag: collateral
Kava Network’s USDX Drops to $0.76 After UST Uses as Collateral
Kava Network’s decentralized stablecoin USDX has lost $0.76 in value against the US dollar after UST was used as collateral. USDX dropped nearly $0.55 on Wednesday and is now trading…
Anchor Protocol Introduces Solana’s bSOL for Platform Collateral
Anchor Protocol, one of the largest decentralized financial (DeFi) protocols on Terra’s core DeFi ecosystem (LUNA), has released Solana’s bSOL for use as collateral on its platform. 1/ It’s the…
Weiss Ratings Warn of Risks Using Crypto as Long-Term Property Loan Collateral
Florida-based research and rating firm Weiss Ratings has issued a warning about the risks of using crypto as collateral for long-term real estate loans. Among the current economic conditions in…
Justin Sun Will Launch USDD On Tron, Will Use $10 Billion Crypto As Collateral
Tron is going to have its own algorithmic stablecoin called USDD, which will be launched May 5, according to founder Justin Sun. announceon thursday Stablecoin won’t work like traditional ones…
Ukrainian and Russian students in France, “collateral damage” of the conflict
“We are a bit of collateral damage” from the situation, launches Ekaterina. Russian student in geography and planning at Aix en Provence, she is the co-founder of the SOS Russian…
Can the International Space Station become a collateral victim?
They are seven. Four Americans, two Russians and a German drift together in a very small space while, 400 kilometers below, missiles rain down on a Ukraine at war and…
Kraken is developing an NFT Marketplace where users can borrow using NFT as collateral.
Kraken is developing an NFT Marketplace where users can borrow using NFT tokens as collateral. According to founder and CEO Jesse Powell in a statement:give an interviewwith Bloomberg News “The…
Someone can borrow $1.4 million using NFT images as collateral.
A $1.4 million loan was issued using NFT as collateral. Through the clip-to-play platform NFTfi, the terms of the agreement are 30 days and APR of 9.69%. NFTs are beginning…
17-year-old girl shot dead, “collateral victim” in shooting
A 17-year-old girl was killed on the night of Thursday to Friday near Marseille, while she was in a car riddled with shots from an assault rifle and sawed-off shotgun,…