Bitcoin.com Bitcoin-focused & industry news

Jack Mallers’ Strike Cuts Bitcoin Loan Terms to 6 Months to Kill Price Liquidations

By Jamie Redman

Read original article on Bitcoin.com
Jack Mallers at an event.Strike CEO Jack Mallers rolled out a new bitcoin-backed loan product on July 7 that removes price-triggered liquidations from the loan term entirely. The product, called volatility-proof loans, lets borrowers keep their bitcoin in place no matter how far the price falls, as long as they keep making payments. Mallers posted the announcement on X: […]

This story was originally published on Bitcoin.com. DennTech aggregates headlines from top crypto publications to keep traders informed.

Read full article on Bitcoin.com
Back to Crypto Pulse