-
Binance enters NFT lending space, starting with ETH loans
Binance's NFT marketplace has introduced a new feature that enables users to borrow cryptocurrencies using NFTs as collateral, marking its entrance into the NFT lending space. The Binance NFT marketplace currently supports ether (ETH) borrowing against "blue-chip" NFTs, such as Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Azuki and Doodles, according to an announcement Thursday. The current interest rate on NFT loans is 7.91% p.a. and loan to value ratio ranges from 40% to 60%, according to the Binance NFT website. There won't be a gas fee or Ethereum transaction fee charge. Binance introduced its NFT ... (full story)
- Comments
- Subscribe
-
- Older Stories
-
From @sevenloI|May 25, 2023tweet at 8:41am: *McCaul: Getting Close to Debt Deal, It’s Down to Details Now tweet at 8:41am: MCCARTHY: I HAVE INSTRUCTED NEGOTIATORS TO WORK 24 HOURS A DAY TO GET A DEBT CEILING DEAL tweet at 8:41am: HOUSE REP. SPEAKER MCCARTHY: NOT EVERYONE WILL BE HAPPY WITH THE DEBT DEAL.
-
From bea.gov|May 25, 2023|14 commentsReal gross domestic product (GDP) increased at an annual rate of 1.3 percent in the first quarter of 2023 (table 1), according to the "second" estimate released by the Bureau of ...
-
From dol.gov|May 25, 2023|3 commentsIn the week ending May 20, the advance figure for seasonally adjusted initial claims was 229,000, an increase of 4,000 from the previous week's revised level. The previous week's ...
-
- Newer Stories
-
From nar.realtor|May 25, 2023Pending home sales recorded no change in April, according to the National Association of REALTORS®. Three U.S. regions posted monthly gains, while the Northeast decreased. All ...
-
From cmegroup.com|May 25, 2023All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author ...
-
From bankunderground.co.uk|May 25, 2023Decentralised Finance (DeFi) may seem a tempting option for those seeking financial gain, autonomy, and self-governance… But how safe is a world in which ‘code is law’? Closer ...
- Story Stats
- Posted: May 25, 2023 9:12am
- Submitted by:Category: Crypto Industry NewsComments: 0 / Views: 52
