News with the tag "DeFi loans"

Bitwise Asset Management has made its decentralized finance (DeFi) debut via an allocation with Maple Finance. The firm’s decision to wade into DeFi will grant it access to on-chain credit markets with regulatory compliance at the heart of the partnership. Bitwise Makes First DeFi Allocation Through...

Coinbase has introduced a Bitcoin-backed loan service, enabling users to borrow up to $100,000 in USD Coin (USDC) without selling their BTC holdings. This new offering, powered by the decentralized finance (DeFi) protocol Morpho, operates on the exchange’s Ethereum Layer 2 network, Base. The service...

High-risk DeFi loans have soared since the US elections, just months after Curve’s founder was liquidated for over $100 million.