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Kraken, Maple launch onchain warehouse facility for crypto-backed institutional loans

Kraken's new facility with Maple brings a traditional warehouse financing model onchain, allowing the exchange to expand its institutional crypto lending business using blockchain-based structured credit.

Continue ReadingKraken, Maple launch onchain warehouse facility for crypto-backed institutional loans

Luxor refutes claims its Bitcoin hashrate-backed product is BlockFi, Celsius 2.0

“The return comes from hashrate, not from pixie dust, ponzi schemes, or rehypothecation,” a Luxor Technology executive stressed.

Continue ReadingLuxor refutes claims its Bitcoin hashrate-backed product is BlockFi, Celsius 2.0