CoinsAQ summary · neutral
Morpho sees record Bitcoin-backed borrowing on Base markets
What happened
Coinbase customers have pushed USDC loans against cbBTC to roughly $1.6 billion, most of them without ever touching a DeFi interface Bitcoin holders on Base are now borrowing about $1.6 billion in USDC against their coins through Morpho. That sum marks a record for the.
Related asset context
Not financial advice. News and sentiment can be incomplete, delayed, or change quickly.
Continue researching
Related stories
Mark Zuckerberg’s Meta AI Predicts an XRP Explosion as Binance Resumes Withdrawals Following Hack
Mark Zuckerberg's Meta AI predicts that XRP could explode to unbelievable new highs across Q4 and into 2027, as Binance resumes withdrawals
Scammer Posing As FBI Agent Sends Elderly Couple to Two Chase Branches, Takes $18,400 Life Savings
An elderly couple has lost their life savings after a scammer posing as an FBI agent sent them to two Chase branches to pull out $18,400 in cash. Gail Walsh of Burbank, Illinois, says a man claiming to be a banking investigator called her on August 15th, reports CBS News.
Strategy CFO Abruptly Resigns: Is This a Red Flag for MSTR?
A popular bitcoin commentator referenced previous CFO departures as the initial signal of a major crisis - will history repeat?