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Citi calls out potential risks of crypto-backed mortgages and benefits of metaverse property

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“Ultimately, the cryptocurrency may be liquidated if the collateral value falls below a certain threshold, such as 35% of the property value,” said the report.

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Coin Market

Yat Siu X account breach likely part of a string of recent hacks: ZachXBT

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The X account of Animoca Brands co-founder Yat Siu was hacked to promote a bogus token in what appears to be latest in a string of similar hacks in the past month.

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Hacked crypto exchange DMM seals deal with SBI, accounts to open March

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SBI VC Trade has sealed a deal with DMM Bitcoin to receive the hacked exchange’s assets, with DMM customers expected to transition to SBI in March.

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Floki DAO floats liquidity provisioning for a Floki ETP in Europe

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If the vote is approved and the ETP goes ahead, Floki DAO will join Dogecoin as the second memecoin to have a registered ETP.

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