Crypto lending platform Ledn will end Ethereum support and switch to Bitcoin mortgage lending
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Odaily Planet Daily News Crypto lending platform Ledn announced that it will terminate Ethereum support and interest-bearing services, fully shifting to a Bitcoin-collateralized lending model. Starting from July 1st, the platform will only provide "Bitcoin custody lending" services, with customer collateral assets being fully custodied by Ledn or its partner institutions. Ledn added Ethereum collateralized lending services in February 2024, and this adjustment means that it will simultaneously close the "Growth Accounts" for both BTC and ETH. (TheBlock)
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