Binance Introduces NFT Lending on Cryptocurrency Exchange Marketplace
Largest cryptocurrency exchange added a lending function on its marketplace secured by non-exchangeable tokens. At the moment, only ether is bailed out by NFT. Right now users of the cryptocurrency exchange can use digital assets from such collections as Bored Ape Yacht C ...
Binance Launches NFT Lending with Support for Ethereum, Plans Expansion
Only Ethereum is accepted against NFT at this time The lending rate is 7.91% p.a. The Binance cryptocurrency exchange is launching an NFT lending feature on its trading floor. Users will now be able to obtain cryptocurrencies using NFT as collateral. Currently ...
BlockSec Prevents $5 Million NFT Theft from ParaSpace’s Lending Protocol
BlockSec security experts successfully thwarted an attempted theft of 2,900 ether worth $5 million from Paraspace's decentralized lending protocol, which allows users to lend and borrow crypto assets on the Ethereum blockchain. The vulnerability in the platform's lending protocol allowed hackers ...