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Coinbase Now Lets UK Users Borrow Against Their Bitcoin And Ethereum
Coinbase Now Lets UK Users Borrow Against Their Bitcoin And Ethereum
Via Decrypt.co,
Coinbase launched crypto-backed USDC lending for U.K. users on Monday.
Bitcoin holders can borrow up to $5 million in USDC, with Ethereum-backed loans capped at $1 million.
The service uses Morpho, an open-source lending protocol on Ethereum layer-2 network, Base.
Crypto exchange Coinbase has expanded its lending service, now allowing U.K. customers to borrow USDC stablecoins using their Bitcoin or Ethereum holdings as collateral.
The service operates through Morpho, an open-source lending protocol on Base—the Coinbase-backed Ethereum layer-2 network—that powers Coinbase's crypto-backed loans.
U.K. users can pledge cryptocurrency as...
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Lutnick Testifying Today On Epstein Ties After Dems Demand Subpoena
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US Navy Backs 3,800 MPH-Speeding Blackbeard Hypersonic Missile With First Contract
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Authored by Sujita Sinha via Interesting Engineering,
The U.S. Navy has awarded defense technology startup Castelion its first production contract for the Blackbeard hypersonic missile. This $23.4 million deal includes 50 pre-production missiles and shows the Navy is ready to move the program past development and testing.
The U.S. Navy awarded Castellion a contract to deliver Blackbeard hypersonic missiles. Castelion
This contract comes as the Pentagon looks for faster, more affordable hypersonic weapons for long-range strikes. For Castelion, it is the first step...
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