According to BlockBeats news on May 23, TheBlock reported that the encryption lending platform Ledn announced it will terminate support for Ethereum and interest-bearing services, fully transitioning to a Bitcoin collateral lending model. Starting July 1, the platform will only offer "custodial Bitcoin lending" services, and customer collateral assets will be fully custodied by Ledn or its accomplices. Ledn added Ethereum collateral lending services in February 2024, and this adjustment means the closure of both BTC and ETH "rise accounts".

ETH-0.54%
BTC-1.72%
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