Bitcoin-backed Loan

Lava, the bitcoin-backed lending platform, announces a $200M funding round led by venture and debt capital, introducing a revolving line of credit with fixed rates from 5%—no monthly payments required, backed by BTC collateral.

The deal sets up a multi-draw loan facility worth up to $20 million to expand its Bitcoin holdings.

Galoy founder and CEO Nicolas Burtey wants to help more borrowers use bitcoin as collateral for loans while introducing open-source software into the traditional banking stack.

Earlier today, Coinbase announced the launch of “Bitcoin-Backed Loans” using Base, its native blockchain. But there’s one problem. (Actually, two.) These loans are not backed by Bitcoin,...

Over the past year, the Bitcoin Renaissance has brought significant attention to BTCfi, or “Bitcoin DeFi” applications. Despite the hype, very few of these...

Discover the mechanics, benefits, and risks of Bitcoin-backed loans. Understand how to use your Bitcoin holdings and lend them out for US dollars to your advantage.

Being methodical about bitcoin loans could lead to exceptional benefits compared to less calculated usage.

A deep look into Celsius network's design and the events of recent weeks with its yield-generating strategies that culminated in a halt of bitcoin withdrawals.

Michael Saylor’s company faced unrealized losses for the first time on Monday as bitcoin dipped below its average purchase price.

Bloomberg reported that Coinbase borrowed an undisclosed amount of cash that was collateralized by bitcoin in a historic transaction from Goldman Sachs.