tzongocu on Nostr: π° News Alert... π Title: Ledn Transitions to Full Custody Model for Bitcoin ...
π° News Alert...
π Title: Ledn Transitions to Full Custody Model for Bitcoin Loans, Discontinues Ethereum Support
ποΈ Published: 2025-05-23T17:01:45+03:00
π Summary: Digital asset lender Ledn has announced a strategic shift, transitioning to fully collateralized Bitcoin lending while discontinuing support for Ethereum. This move is designed to consolidate its BTC-focused operations and enhance the security of client assets. Ledn's co-founder and CEO, Adam Reeds, emphasized that the change aligns with Bitcoinβs founding principles, prioritizing client asset security over generating interest through rehypothecation. With over 99% of client activity centered on Bitcoin, Ledn aims to streamline its services to better reflect client preferences.
π
https://cointelegraph.com/news/ledn-ditches-eth-full-custody-model-bitcoin-loans?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inboundποΈ Source: Cointelegraph by Sam Bourgi
π #Bitcoin #CryptoLending #DigitalAssets
Published at
2025-05-23 14:01:51Event JSON
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"content": "π° News Alert...\n\nπ Title: Ledn Transitions to Full Custody Model for Bitcoin Loans, Discontinues Ethereum Support\nποΈ Published: 2025-05-23T17:01:45+03:00\nπ Summary: Digital asset lender Ledn has announced a strategic shift, transitioning to fully collateralized Bitcoin lending while discontinuing support for Ethereum. This move is designed to consolidate its BTC-focused operations and enhance the security of client assets. Ledn's co-founder and CEO, Adam Reeds, emphasized that the change aligns with Bitcoinβs founding principles, prioritizing client asset security over generating interest through rehypothecation. With over 99% of client activity centered on Bitcoin, Ledn aims to streamline its services to better reflect client preferences.\nπ \nhttps://cointelegraph.com/news/ledn-ditches-eth-full-custody-model-bitcoin-loans?utm_source=rss_feed\u0026utm_medium=rss\u0026utm_campaign=rss_partner_inbound\n\nποΈ Source: Cointelegraph by Sam Bourgi\nπ #Bitcoin #CryptoLending #DigitalAssets",
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