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21 Capital is currently exploring issuing USD loans backed by Bitcoin as collateral.

2025.07.30 21:48:25

On Wednesday, July 30th, according to Bloomberg, sources familiar with the matter stated that Twenty One Capital is in the process of exploring a strategic plan to offer dollar loans with Bitcoin serving as collateral. Twenty One Capital, which is backed by Cantor Fitzgerald, has currently increased its Bitcoin holdings to at least 43,500 BTC, which is about 1,500 BTC more than was originally anticipated. The company recently acquired approximately 5,800 BTC from the stablecoin issuer Tether. With the current prices, the total value of its holdings is now approximately $5.13 billion. Established in April of this year, the company aims to build one of the largest Bitcoin reserves in the world. Its backers include Tether, Bitfinex, and SoftBank. The merger plan with the SPAC company Cantor Equity Partners is progressing smoothly and is expected to go public in the near future. As digital assets are increasingly being incorporated into corporate balance sheets, public companies and funds are gradually moving away from the traditional model of simply "HODLing." Many institutions are now choosing to lend out Bitcoin, stake Ethereum, or sell options in order to generate returns from "idle assets." Bitcoin mining companies such as MARA Holdings and CleanSpark are leading the way in such strategies - using crypto options and derivatives to increase revenue instead of passively holding assets. CleanSpark also plans to explore more advanced derivative tools to profit from market volatility.
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Pre-market US stocks: Storage, optical module and cryptocurrency-related stocks are all down across the board.

According to market data from BIT (Bit.com), pre-market trading in US stocks saw a broad decline across storage, optical module, and crypto-related concept stocks. Optical module and communication sector: Coherent (COHR) fell 1.00% in pre-market trading, Lumentum (LITE) dropped 0.60%, Applied Optoelectronics (AAOI) declined 1.78%, Nokia (NOK) edged down 0.17%, and Marvell Technology (MRVL) fell 0.95%. Storage sector: Seagate Technology (STX) was down 1.52% pre-market, Western Digital (WDC) dropped 1.29%, SanDisk (SNDK) fell 1.26%, and Micron Technology (MU) declined 1.29%. Crypto-related concept stocks: SharpLink (SBET) fell 2.25% in pre-market trading, BitMine Immersion (BMNR) dropped 2.24%, Gemini Space Station (GEMI) edged down 0.84%, Bullish (BLSH) fell 1.07%, Circle (CRCL) declined 2.03%, Strategy (MSTR) dropped 0.94%, and Coinbase (COIN) fell 1.90%.

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Aave CEO addresses criticism: Aave V4 is not merely isolated markets, has been deployed across multiple networks, and holds $1.2 billion in deposits.

Aave CEO Stani has published a post addressing multiple community queries regarding Aave V4. Stani explained that in Aave V4, Hub and Spoke components are isolated by default based on risk profiles, while liquidity can be shared across different markets via the Hub within pre-set limits to avoid excessive liquidity fragmentation. He noted that V4 Spokes represent lending and borrowing markets, while the Hub enables cross-market liquidity sharing, allowing markets with distinct risk characteristics to access a common liquidity pool, thereby boosting fund utilization and capital efficiency. Addressing claims that V4 is merely a collection of isolated markets and lags behind curated Vaults, Stani said traditional curated Vaults typically require capital or incentives to bootstrap liquidity from scratch, whereas V4 Spokes gain liquidity support from the Hub’s entire balance sheet right at launch. Additionally, Stani stated that V4’s overall architecture is more streamlined, with a significantly smaller codebase than Aave V3. To date, V4 has been deployed across multiple networks including Ethereum, Avalanche, and Arc, with total deposits reaching $1.2 billion. On the ecosystem participation front, Stani said V4 already supports third-party curators such as EtherFi, with more participants set to be added in the future. Unlike Vaults that only manage deposits, V4 allows curators to build and manage full market structures, while participating in the broader lending and borrowing economy’s revenue.

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SlowMist: Official FOMO iOS App Exposed to Contain Crypto-Stealing Malware, Was Available on App Store for a Week

Blockchain security firm SlowMist has warned that the official FOMO iOS app was found to contain malware capable of stealing cryptocurrency assets. The affected versions of the app were available on the App Store between September 9 and September 17. SlowMist stated that the malicious module has attack capabilities similar to the DarkSword malware, which could result in the theft of users’ seed phrases and private keys. Given that the FOMO app was promoted via crypto KOLs, some users may have downloaded the affected versions. SlowMist also cautioned that simply updating or deleting the FOMO app may not be sufficient to eliminate the risk; users who used the affected versions should assume their seed phrases, private keys, and sensitive credentials have been compromised, and take corresponding security measures. Additionally, SlowMist’s Chief Information Security Officer Shan Zhang previously warned that iOS versions 13 through 16.5 may be vulnerable to malicious Safari link attacks exploiting memory corruption vulnerabilities in WebKit and JavaScriptCore. Attackers can leverage these flaws to gain read and write access to the JavaScript layer, further bypass pointer authentication, escape the WebContent sandbox, and escalate kernel privileges, ultimately obtaining encryption keys and wallet data.

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The yield on 2-year U.S. Treasuries rose to 4.79%, hitting a new high for the year.

U.S. Treasury yields extend their upward trend, with the 2-year U.S. Treasury yield rising to 4.79%, hitting a new high for the year. (Jinshi)

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Polygon's stablecoin miMATIC remains depegged, trading at a 14% discount to its $1 peg.

According to Blockaid’s monitoring, the stablecoin miMATIC from QiDao Protocol on Polygon remains depegged, currently trading at approximately $0.86, about 14% lower than its $1 peg. Blockaid noted that the depegging situation has continued as of press time.

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Spot silver plunged 3% intraday, currently trading at $65.01.

According to Bitget market data, spot silver has dropped 3% intraday, currently priced at $65.01 per ounce.

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