Crypto lenders make risky comeback with unsecured loans, AI tools: FT
Main Idea
A new wave of crypto startups is reviving high-risk lending practices, raising concerns about potential defaults.
Key Points
1. The Financial Times reported on a resurgence of high-risk lending practices by crypto startups.
2. Divine Research in San Francisco is one of the companies involved in these practices.
Description
More on Bitcoin USD Bitcoin Pulls Back, Leaving A Mixed Sentiment In Crypto Markets (Technical Analysis) Strategy: The $84 Billion Bitcoin Flywheel To Bitcoin Or Not To Bitcoin? A Corporate Cash Question! Bitcoin slips as strong jobs data dims Fed rate cut hopes JPMorgan considers loan against cryptocurrency - report
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