Bhutan’s Mindfulness City is taking a more serious shot at crypto finance, teaming up with DK Bank to offer multi-currency accounts and Bitcoin-backed lending for licensed firms. Mindfulness City partners with DK Bank Multi-currency accounts for licensed firms Bitcoin-backed lending as real-world collateral use A regulated setup, not a crypto free-for-all If this rollout is […]
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Hut 8 just pulled a very Bitcoin-native financing move: cut its borrowing cost, swap lenders, and free up thousands of BTC that were sitting as collateral. Hut 8 refinanced a $200 million Bitcoin-backed credit facility with FalconX The new loan carries a fixed 7% annual interest rate, down from 9% About 3,300 BTC worth roughly […]
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Debifi and Preston Pysh Partner to Advance Bitcoin-Backed Lending Debifi, a non-custodial Bitcoin-backed lending platform, has teamed up with Bitcoin advocate Preston Pysh to bolster the use of Bitcoin as a global collateral asset. Debifi and Preston Pysh’s strategic partnership. Advancing overcollateralized lending. Educating on fractional-reserve lending risks. Targeting institutional adoption. Debifi’s collaboration with Preston […]
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