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.
Strike introduced a new Bitcoin-backed loan product that eliminates forced liquidations caused by Bitcoin price drops, allowing borrowers to keep their collateral even during sharp declines. The loans have a maximum 45% loan-to-value ratio, six-month...
Strike has introduced a new Bitcoin-backed loan product designed to eliminate margin calls and price-based liquidations, allowing borrowers to keep their Bitcoin collateral intact despite market volatility. While borrowers avoid forced selling due to...
Strike introduced a new Bitcoin-backed loan product that eliminates forced liquidations caused by Bitcoin price volatility. Borrowers can keep their Bitcoin collateral even if prices fall sharply, but must repay on time or risk losing it. The loans o...
Starknet's v0.14.3 upgrade goes live on July 8, introducing dynamic gas fees linked to STRK token price and network congestion, a 30% reduction in target gas per block for faster block production, and a shift to quantum-resistant BLAKE hashing. These...
