The new service, called Binance NFT Loan, “will allow people to use blue-chip NFTs to borrow crypto, starting with ETH, introducing the benefits of DeFi to the Binance NFT community,” Binance said in a press release. According to the platform, the tool offers competitive interest rates, instant liquidity, zero gas fees and liquidity protection.
Insider at Solana’s (SOL) Cypher Protocol Admits to Stealing $300K
Hoak's admission comes one day after Cypher's founder Barrett accused him of systematically draining troves of valuable cryptos from the...