Nearly $55M worth of Bored Ape, CryptoPunks NFTs risk liquidation amid debt crisis

by Aurelia Butler 19 August 2022, 13:20 159 Views

DoubleQ, the founder of web3 launchpad Double Studio, says lending service BendDAO could liquidate up to $55 million worth of NFTs to recover its loans, fearing the so-called “health factor” of these debts could fall below 1.

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Source: Cryptocurrency - investing.com

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Nearly $55M worth of Bored Ape, CryptoPunks NFTs risk liquidation amid debt crisis

What are 'ghost guns'? A federal crackdown is coming on untraceable firearms, and dealers are rushing to sell them

Cineworld shares plummet more than 60% on bankruptcy reports

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