As 2021 draws to a close, the premier lineup in the DeFi landscape largely consists of synthetic asset platforms (SAPs). An SAP is any platform that enables users to mint synthetics, which are derivatives whose values are pegged to existing assets in real time. As long as oracles can supply a reliable price feed, synthetics can represent any asset in the world and take on its … [Read more...] about Collateral damage: DeFi’s ticking time bomb
Collateral
Fidelity Digital to Accept Bitcoin Collateral on Cash Loans for Institutions
Subscribe to Crypto for Advisors, our weekly newsletter defining crypto, digital assets and the future of finance.Sign UpBy signing up, you will receive emails about CoinDesk product updates, events and marketing and you agree to our terms of services and privacy policy. Source link … [Read more...] about Fidelity Digital to Accept Bitcoin Collateral on Cash Loans for Institutions
JP Morgan Hiring Software Engineers for ‘Collateral Blockchain Tokenization’
The terms “collateral” and “tokenization” in the job title are somewhat intriguing, especially since the vacancy spec gives almost no detail about what the position actually entails. Furthermore, the word “blockchain” does not appear anywhere other than in the job title. Source link … [Read more...] about JP Morgan Hiring Software Engineers for ‘Collateral Blockchain Tokenization’
New Coinbase feature allows Bitcoin as collateral for up to $1 million cash loan
Coinbase users can now borrow up to $1 million in cash using their Bitcoin as collateral, this information was revealed via the crypto exchange’s official Twitter handle.Coinbase users can borrow as much $1million in cashWith this new feature, Coinbase customers in some selected states in the United States would be able to take “a line of credit” without the need of showing any … [Read more...] about New Coinbase feature allows Bitcoin as collateral for up to $1 million cash loan