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Ledn Withdraws ETH Support to Focus on Bitcoin Lending
Ledn stops supporting ETH-backed loans to focus solely on Bitcoin collateralized lending. Additionally, the platform ceases to lend customer assets for interest, eliminating external credit risk and shifting to a full custody model.
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AI Analysis
The decision by Ledn to cease ETH-backed loans and concentrate exclusively on Bitcoin (BTC) collateralized lending could be driven by various strategic considerations. Bitcoin's broader adoption, perc...
AI Recommendation
For investors or users considering Ledn's services, this move towards focusing solely on Bitcoin-backed lending and full custody might suggest a safer platform during volatile market conditions. It wo...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.