Copper appoints new CEO to focus on strengthening US presence

Crypto custodian firm Copper has appointed a new chief executive to double down on its presence in the U.S., Hong Kong, and Abu Dhabi. Copper, a crypto custodian and collateral management hub, announced the appointment of Amar Kuchinad as its… дальше »

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Ethena Labs Proposes SOL for USDe's Collateral

If the proposal is approved, SOL will join BTC and ETH within Ethena's collateral mix. дальше »

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State Street Works on Tokenized Bond and Money Market Fund; No 'Current Plans' for Stablecoin Project

Tokenized collateral could have helped avoid or lessen the 2022 "liability-driven" crisis, Donna Milrod, chief product officer said in the interview with Financial News. дальше »

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Report: State Street enters tokenized bonds and digital money funds

American financial giant State Street is exploring blockchain technology to tokenize bonds and money market funds for enhanced collateral management. State Street, the largest custodian bank in the world, is leveraging blockchain to explore the tokenization of bonds and money… дальше »

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CFTC votes on allowing DLT-based collateral in commodities and derivatives trading

CFTC’s subcommittee recommends using DLT-based collateral in trading. Approval could broaden access to digital assets for smaller market participants. Strong ETF inflows signal growing institutional interest in digital assets. дальше »

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Grayscale Rolls Out Aave Fund

Aave is a decentralized lending platform based on the Ethereum blockchain that offers automated loans of cryptocurrency using other tokens you own as collateral. It also lets users lend out their crypto to earn interest. дальше »

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CFTC Subcommittee Sends Up Recommendations for Letting Firms Use Tokenized Shares as Collateral: Bloomberg

The likes of BlackRock and Franklin Templeton could see tokenized shares of their money-market funds pledged in trading after a major group under the aegis of the Commodity Futures Trading Commission (CFTC) approved guidelines for their use, Bloomberg reported on Thursday. дальше »

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Tokenized funds get preliminary approval to be used as collateral in the US

A subcommittee of the Commodity Futures Trading Commission’s (CFTC) Global Markets Advisory Committee voted to approve guidelines for using tokenized shares of money-market funds as collateral for traditional financial operations. дальше »

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Crypto for Advisors: The Growth of Bitcoin as Collateral

As traditional investment products face declining yields, savvy asset managers must consider emerging opportunities within the cryptocurrency space to meet growing client demand. дальше »

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Curve Finance considers dropping TrueUSD from crvUSD collateral

Curve Finance's potential removal of TUSD as collateral underscores the DeFi sector's need for robust risk management and regulatory adaptability. The post Curve Finance considers dropping TrueUSD from crvUSD collateral appeared first on Crypto Briefing. дальше »

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Curve Finance Mulls Removing TrueUSD as Collateral for Stablecoin Curve USD

“crvUSD is overexposed to minor stablecoins, especially TUSD which has a dubious track record and has recently been charged by the SEC with defrauding investors,” the proposer wrote. дальше »

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Coinbase’s cbBTC wrapped Bitcoin coming to Solana — Breakpoint 2024

Wrapped Bitcoin products allow users to retain asset control while using Bitcoin as collateral for decentralized finance applications. дальше »

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Sky votes to remove Wrapped Bitcoin as collateral amid community concerns

Sky, formerly MakerDAO, decided to remove the usage of Wrapped Bitcoin (WBTC) as collateral for borrowing through a governance vote concluded on Sept. 19. BA Labs, the former Risk Core Unit, was named stability advisor for the process. дальше »

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DeFi lending protocol Sky to drop wrapped Bitcoin after governance vote

The vote was passed with 88% in favor of offloading WBTC collateral from the Sky lending platform. 

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Sky mulls cutting support for wBTC over Justin Sun affiliations

Sky, formerly MakerDAO, is evaluating the removal of Wrapped Bitcoin from SparkLend over concerns about its ties to Justin Sun. Sky is considering removing Wrapped Bitcoin (WBTC) as collateral from its decentralized finance platform SparkLend, citing concerns about the token’s… дальше »

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DWF Labs to Launch Synthetic Stablecoin Amid Growing Market Demand

DWF Labs plans to launch an overcollateralized synthetic stablecoin, offering diverse collateral support and aiming for high liquidity in the growing stablecoin market. The post DWF Labs to Launch Synthetic Stablecoin Amid Growing Market Demand appeared first on BeInCrypto. дальше »

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Shiba Inu (SHIB) Can Now Be Used as Collateral on Major US Exchange

Kraken's futures traders can now use SHIB and other meme coins as collateral дальше »

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'Justin Sun, WBTC are the second-largest risk in crypto:' 12K withdrawal sparks fears

Justin Sun downplayed risk USDD fears after withdrawing its 12K BTC collateral.  Despite the reassurance, an analyst viewed Sun as a likely risk factor in the space.  Tron [TRX] founder JuThe post 'Justin Sun, WBTC are the second-largest risk in crypto:' 12K withdrawal sparks fears appeared first on AMBCrypto. дальше »

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Justin Sun says removing 12K Bitcoin from USDD is just ‘DeFi 101’

USDD’s Bitcoin collateral was removed without a vote from its DAO, but Justin Sun insists it’s a normal event in DeFi.

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Bitcoin’s Role as Collateral in Real Estate Development Financing

A look at the dynamics of bitcoin as collateral in real estate financing. дальше »

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UK-based Copper adds custody, staking support for MINA

Digital assets custody and collateral management provider Copper now offers custody and staking support for Mina Protocol. Copper.co announced its support for Mina Protocol (MINA) on Aug. 21, noting that support for the zero-knowledge blockchain platform’s native token expands digital… дальше »

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Celsius demands billions of dollars from Tether: What’s going on

Bankrupt lending platform Celsius has filed a lawsuit against Tether seeking 39,542 BTC. According to the lawsuit, the amount was collateral for a loan from the issuer of the Tether (USDT) stablecoin. дальше »

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Tether Strikes Back At Celsius, Calls $2.4B Lawsuit A ‘Shakedown’ And Vows To Fight Claims In Court

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Crypto for Advisors: Bitcoin and Lending

Bitcoin’s emergence in collateral structures has the potential to revolutionize the lending landscape. Its ability to mitigate credit risk amid escalating uncertainties highlights its transformative power. дальше »

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Algoz taps Zodia Custody to trade collateral without direct asset control

Standard Chartered-backed crypto custodian Zodia Custody has collaborated with trading firm Algoz to mitigate counterparty risks that caused market turbulence in 2022. Zodia Custody, a crypto custodian backed by Standard Chartered, has announced a partnership agreement with Algoz, a quantitative… дальше »

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Ethena Labs’ USDe launches as margin collateral on Bybit with 20% APR

The integration will also offer Bybit users daily airdrop rewards for holding Ethena's USDe.

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Satoshi Protocol raises $2m to expand liquidity for Bitcoin holders

Satoshi Protocol, a stablecoin protocol backed by Bitcoin (BTC), has successfully raised $2 million in its seed funding round led by CMS Holdings and RockTree Capital. The protocol, which enables Bitcoin holders to use their coins as collateral to mint… дальше »

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Goldman Sachs Plans 3 Tokenization Projects in 2024

Goldman Sachs will launch three tokenization projects in 2024, focusing on institutional clients, enhancing transaction speeds, and diversifying asset collateral. The post Goldman Sachs Plans 3 Tokenization Projects in 2024 appeared first on BeInCrypto. дальше »

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Copper Announces Integration With Sui to build out full institutional accessibility

Copper is thrilled to announce its newest integration with Sui, a high-performance Layer 1 blockchain and smart contract platform. Copper is constantly seeking innovative partnerships to enhance its offerings as a leader in digital asset custody, collateral management, and prime services. дальше »

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Copper & Sui partner to build out full institutional accessibility

London, UK, June 26th, 2024, Chainwire The integration with Sui includes custody support for L1 and L2, built-in staking support, and DeFi connectivity. Copper, a leader in digital asset custody, collateral management, and prime services, is excited to announce its latest integration with Sui, a high-performance Layer 1 blockchain and smart contract platform. дальше »

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What is a Bitcoin-backed loan, and how to get one?

Bitcoin-backed loans use cryptocurrency holdings as collateral, offering borrowers access to cash while retaining ownership of their Bitcoin. дальше »

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Binance CEO says customers have ‘very little’ assets in bankrupt FlowBank

Binance head Richard Teng says the exchange is in “close touch” with its customers regarding the bankruptcy of FlowBank, which stored the exchange’s clients trading collateral. Cryptocurrency exchange Binance seems unaffected by FlowBank‘s bankruptcy, following the Swiss regulator’s announcement on… дальше »

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Symbiotic launches ‘permissionless restaking’ protocol, secures $5.8M funding

Symbiotic debuts its restaking protocol with a $5.8M investment from Paradigm, promising flexible collateral options and rewards. The post Symbiotic launches ‘permissionless restaking’ protocol, secures $5.8M funding appeared first on Crypto Briefing. дальше »

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Fidelity International Tokenizes Money Market Fund on JPMorgan’s Blockchain

The U.K. firm joined JPMorgan’s Tokenized Collateral Network (TCN), piloting the tokenization of its own money market fund for the first time with Onyx Digital Assets. дальше »

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Decline in crypto-margined futures signals shift towards stable collateral

Onchain Highlights DEFINITION: The percentage of futures contracts open interest that is margined in the native coin (e. g. , BTC) and not in USD or a USD-pegged stablecoin.   Bitcoin’s futures market is undergoing a notable shift, as reflected in the declining percentage of crypto-margined futures open interest across all exchanges. дальше »

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Galaxy Digital Issues Loan Secured by a 316-Year-Old Tokenized Violin

Galaxy Digital, under Michael Novogratz, issued a loan using a 316-year-old Stradivarius violin and its tokenized NFT as collateral, reflecting the growing trend of asset tokenization in finance. The post Galaxy Digital Issues Loan Secured by a 316-Year-Old Tokenized Violin appeared first on BeInCrypto. дальше »

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Ripple’s institutional DeFi could unlock Bitcoin ETF collateral value: Ripple CTO

Ripple CTO David Schwartz discusses how institutional DeFi on XRPL could enable Bitcoin ETFs to be used as loan collateral. The post Ripple’s institutional DeFi could unlock Bitcoin ETF collateral value: Ripple CTO appeared first on Crypto Briefing. дальше »

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Bitcoin finds ‘another’ use case via BTCfi — DLC.Link co-founder

DLC.Link CEO Aki Balogh tells The Agenda how DeFi on Bitcoin will unlock BTC’s potential for collateral, yield farming and more.

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Diamonds Standard Co. uses precious gems to back payment network

Diamond Standard Co. has introduced a blockchain payments system that uses diamonds as backing collateral for transactions.

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MakerDAO to Launch Fully Decentralized Stablecoin

MakerDAO introduces PureDai, a new stablecoin using decentralized assets for collateral, targeting complete decentralization without a USD peg, contrasting with the current Dai. The post MakerDAO to Launch Fully Decentralized Stablecoin appeared first on BeInCrypto. дальше »

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Avalanche, Salvor Invest $1 Million in NFT Lending Platform

Salvor partners with Avalanche to offer an NFT lending platform, using NFTs and memecoins as collateral for AVAX loans, aiming to increase liquidity and enhance the financial flexibility within the Avalanche ecosystem. дальше »

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Avalanche grants $1 million for meme coin and NFT marketplace Salvor

Salvor secures a $1M grant from Avalanche Rush to enhance its NFT lending platform, offering loans using NFTs and memecoins as collateral. The post Avalanche grants $1 million for meme coin and NFT marketplace Salvor appeared first on Crypto Briefing. дальше »

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April crypto report praises Solana (SOL) resilience, doubts Ethereum (ETH)

Fineqia International, a digital asset and fintech investment business, today announced its April Crypto ETPs AUM report. The company’s monthly analysis of global Exchange Traded Products (ETPs) with digital assets as underlying collateral, revealed a 64% growth in total Assets Under Management (AUM) so far in 2024. дальше »

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Ethena's ENA Jumps 8% as Bybit Endorses USDe Token as Collateral for Derivatives Trading

Ethena's USDe tokenized yield strategy has attracted over $2 billion in deposits and some scrutiny of the token's risks. дальше »

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Ethena, Bybit partner to integrate USDe for perpetual futures

Ethena Labs has partnered with crypto exchange Bybit to introduce its synthetic stablecoin USDe as a collateral asset for perpetual futures trading on Bybit's Universal Trading Account. дальше »

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DTCC Announces 100% Crypto Haircut Policy

DTCC's decision, effective by April 30, means that no collateral value will be given for any ETF or investment vehicle containing Bitcoin or other cryptocurrencies. The post DTCC Announces 100% Crypto Haircut Policy appeared first on BeInCrypto. дальше »

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DTCC withdraws collateral, loan support for crypto ETFs

DTCC has announced it will not allocate any collateral or offer loans for ETFs with exposure to Bitcoin or other cryptocurrencies. дальше »

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Spot Bitcoin ETF: Why New DTCC Directive Is Both Bullish and Bearish

Bitcoin-linked ETFs as credit collateral ruled out by DTCC дальше »

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DTCC rules out collateral for Bitcoin-linked ETFs

This notice means that exchange-traded funds and similar investment instruments with Bitcoin or other cryptocurrencies as underlying assets will not be assigned any collateral value. дальше »

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Renzo’s ezETH token depeg triggers liquidations across DeFi platforms

Renzo’s liquid restaking token (LRT), ezETH, experienced a significant depegging event that liquidated millions from “loopers” using the token as collateral on leverage protocols like Gearbox. дальше »

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