Japanese lender CRYL has introduced Bitcoin-backed loans ranging from 1 million yen to 1 billion yen ($6,200 to $6.2 million) for individuals and businesses across Japan. Borrowers pay annual interest rates between 3.5% and 7%, with collateral ratios of 40% to 60%, allowing them to access yen without selling their Bitcoin. The loans have a one-year term, may be extended, and can be used for various expenses including taxes, living costs, and property purchases. This launch expands Japan's Bitcoin credit market, offering a regulated option for Bitcoin holders to leverage their assets while maintaining exposure to BTC price movements.
Abraxas Capital purchased 13,000 ETH worth $32.39 million in the spot market to hedge its large 141,180 ETH short position valued at $353.27 million on the Hyperliquid platform. This spot purchase covers just over 9% of the short position, allowing A...
Jupiter Mobile, a decentralized finance platform on Solana, has integrated its Gacha trading card feature directly into its mobile app, allowing users to buy, open, and collect physical trading cards like Pokémon and One Piece without leaving the app...
In 2010, a Bitcoin miner estimated that mining a block with a 140-watt CPU would cost about $5.68 in electricity for an expected 50 BTC reward, calling it a "net loser" due to Bitcoin's low market price and liquidity at the time. This calculation ref...
Schall, Brown & Schwartz LLP filed a class action lawsuit against Beta Bionics for allegedly making false statements about the safety and regulatory status of its iLet Bionic Pancreas insulin pump. The complaint claims Beta Bionics misled investors b...
Beta Bionics faces a class action lawsuit for allegedly making false statements about the safety and regulatory status of its iLet Bionic Pancreas insulin pump. The lawsuit claims the company misled investors by downplaying FDA concerns after a facil...
