Deep Tide TechFlow News: On July 08, according to The Block, Strike has launched a new Bitcoin-backed secured loan service. As stated, as long as the borrower continues to make interest or principal payments on time, even if the price of Bitcoin drops significantly, no margin calls or automatic liquidations will be triggered due to fluctuations in the collateral value.



However, if the borrower fails to pay on time and still does not make up the payment within a 10-day grace period, the related collateral may still be partially liquidated. The product is currently offered as a term loan in some U.S. states and is not available for revolving credit lines.
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BubbleTerminator
· 2h ago
Apple leaked by India, shorting Apple is like picking up money!
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