Strike has introduced a new Bitcoin-collateralized loan product that protects borrowers from margin calls and automatic liquidation even if Bitcoin's price falls significantly, as long as payments are made on time. The loans carry higher interest rates of 10.7% to 14.2% annually, reflecting the cost of market hedging to manage risk. Borrowers get a 10-day grace period after missed payments before collateral can be sold. This product aims to reduce panic selling and is available across most US states for individuals and businesses with minimum loan amounts of $10,000 and $5,000 respectively.
Starknet released version 0.14.4 on mainnet, enhancing its Layer 2 network by allowing developers to prove large off-chain computations in a single transaction, reducing execution fees. The update also adjusts gas pricing slightly to better reflect n...
Starknet's token STRK surged 28% to $0.055, hitting a five-month high after breaking through the $0.05 resistance level. This rally was driven by growing interest in Starknet's privacy-related applications, increased derivatives trading, and notable ...
Starknet (STRK) token price briefly rose above $0.056 after a wallet linked to crypto influencer Qwerty showed an unrealized gain of $170,000 on its STRK holdings. The wallet reportedly bought about 17.45 million STRK tokens for $767,000 at an averag...
