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Sberbank issues Russia’s first bitcoin-backed loan in pilot deal

Sberbank, Russia’s second-largest financial institution, issued the nation's first bitcoin-backed mortgage to considered one of its largest bitcoin miners, calling the transaction a...

NFT Lending Market Crashes 97% as Users and Loan Sizes Plummet

Key Takeaways: NFT lending quantity has plunged 97% from its 2024 peak, with debtors and lenders retreating sharply. GONDI now dominates the sector, overtaking Mix...

Galaxy Digital Tokenizes Historic Violin as NFT for Multimillion-Dollar Loan

In a fusion of finance and cutting-edge know-how, Michael Novogratz’s Galaxy Digital has supplied a multimillion-dollar mortgage to Yat Siu, co-founder of Animoca...

Bifrost Receives Polkadot Treasury Loan to Boost vDOT Adoption

Bifrost has acquired a serious enhance in its efforts to drive the adoption of its liquid-staked model of DOT, vDOT, with a 500,000...

Real-World Asset Loan Worth $20M Sours on DeFi Platform Goldfinch, Bringing RWA Lending Under Scrutiny

The event follows the default of a $5 million mortgage on Goldfinch made to an African robotaxi firm.

A $1.1 Million On-Chain Loan Secured by Supreme T-Shirts

In a current improvement that underscores the rising utility of NFTs, a person has efficiently secured a $1.1 million on-chain mortgage utilizing an...

Creditor Tokenizes FTX Bankruptcy Claim as NFT to Secure On-Chain Loan

In a primary for the NFT house, a creditor of the defunct crypto alternate FTX has tokenized its $31,307 chapter declare as an...

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