Borrowing Against a Bored Ape NFT—What Could Go Wrong?
With the rise of non-fungible tokens, many users are now looking for more ways to "unlock" liquidity for their Apes, Penguins, and Doodles.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Securitize Rolls Out 1:1-Backed Tokens of Apple, Nvidia and 10 Other U.S. Stocks on Solana
Securitize launched Securitize Stocks on Thursday, a line of tokenized U.S. equities for eligible investors in the U.S., the Europ...
Ripple Custody Adds Canton Network Support, Bringing CC and CIP-56 Into One Vault
Key Takeaways: Ripple Custody 1.43 adds support for Canton Network, CC and CIP-56 tokens. Institutions can be given the same custo...
Sui’s Hashi Launches With $500M to Turn Bitcoin Into Productive DeFi Collateral Markets
Key Takeaways: With more than $500 million in locked-in tokens, Hashi will launch its phased mainnet launch. The protocol enables...
XRPL’s $1.34 billion stablecoin base doesn’t tell us how much XRP users need
Tracked stablecoins on the XRP Ledger totaled $1.338 billion on Oct. 7. For XRP holders, the critical question is how much activit...
Why XRP’s 63 billion circulating tokens don’t tell buyers what’s for sale
For XRP buyers, available supply depends on the price they are willing to pay. The token's roughly 63.09 billion circulating suppl...
What Is Crypto Spot Trading?
For example, a token can be up 70% and still be a terrible trade if you have no idea when to take profits. Likewise, a 30% dip can...