Why Nostr? What is Njump?
2025-05-23 14:01:51

tzongocu on Nostr: πŸ“° News Alert... πŸ”– Title: Ledn Transitions to Full Custody Model for Bitcoin ...

πŸ“° News Alert...

πŸ”– Title: Ledn Transitions to Full Custody Model for Bitcoin Loans, Discontinues Ethereum Support
πŸ—“οΈ Published: 2025-05-23T17:01:45+03:00
πŸ“„ 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 Bitcoin’s 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.
πŸ”—
https://cointelegraph.com/news/ledn-ditches-eth-full-custody-model-bitcoin-loans?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

πŸ—žοΈ Source: Cointelegraph by Sam Bourgi
πŸ’“ #Bitcoin #CryptoLending #DigitalAssets
Author Public Key
npub10u8xfdfw7447c26c34rql333yh6k0kevq9x3an8gqmvdtdpqnchqpmz5qy