online resources

Coinbase to Introduce Lending Feature with Bitcoin as Collateral

Coinbase and Square become the latest platforms to venture into the ever-growing crypto lending space. Coinbase revealed a new loan feature that would enable users to borrow cash with Bitcoin as collateral. Coinbase Cash Loans with Bitcoin Collateral In a blog post published on Wednesday (August 13, 2020), Coinbase, a major U.S. cryptocurrency exchange announcedRead MoreRead More. The post by Anthonia Isichei appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

Continue Reading Coinbase to Introduce Lending Feature with Bitcoin as Collateral

Zero Collateral: $138 Million in Defi Flash Loans Issued in 24 Hours

The decentralized finance (defi) realm continues to heat up with concepts like yield farming, but another scheme called defi flash loans has also grown exponential. On Monday, the noncustodial lending protocol Aave issued $138 million in loans with zero collateral. Since the last week of June, defi flash loans have increased by 809% as the protocol Aave is issuing anywhere between $80-100 million in flash loans per day. Data shows that Aave issued over $138 million on Monday and the pace continues to trend higher. The word “Aave” is a Finnish term to describe a ghost, as the noncustodial platform…

Continue Reading Zero Collateral: $138 Million in Defi Flash Loans Issued in 24 Hours

End of content

No more pages to load