JPMorgan is set to begin accepting Bitcoin (BTC) exchange-traded funds as collateral for loans, Bloomberg News reported on June 4. The lender also plans to consider digital asset holdings when evaluating a client’s net worth and liquid assets, placing crypto alongside traditional categories such as equities, vehicles, and fine art when assessing lending eligibility. The […]
Key Takeaways: NFT lending volume has plunged 97% from its 2024 peak, with borrowers and lenders retreating sharply. GONDI now dominates the sector, overtaking Blend by offering longer-term, stable lending backed by art NFTs. For revival, the market needs real-world use cases and utility-driven innovations beyond protocol tweaks. The NFT lending market has tumbled by
NFT Lending Market Crashes 97% as Users and Loan Sizes Plummet Read More »
Active loans across decentralized lending applications climbed to a record $23.723 billion on May 21, based on Token Terminal data. Meanwhile, the DeFi ecosystem’s total value locked (TVL) sits 6.4% below the level recorded on Jan. 31, the day before President Donald Trump formalized his proposed import tariffs. The surge in outstanding loans extends an
Active DeFi loans hit all-time high at $23.7B as TVL nears pre-tariff levels Read More »
Bitcoin-native DeFi protocol Liquidium has passed a major governance proposal introducing a new staking model tied to the platform revenue. The protocol’s native token LIQ has climbed over 73.3% since the proposal was approved earlier this week. It was trading at roughly $0.25 as of press time, based on CoinGecko data. Liquidium introduces staking On
Decentralized finance (DeFi) lending protocol Sky has introduced a pivotal governance proposal that would mark its final departure from Maker, the original foundation of the platform. The plan, posted on May 1 to Sky’s decentralized autonomous organization (DAO) forum, proposes replacing Maker’s MKR token with Sky’s own SKY token as the sole governance asset. The
Sky Proposes New Token and Staking Upgrade in Final Move Away from Maker Read More »
