Ledn Ditches ETH, Adopts Full Custody for Bitcoin Loans Crypto lender Ledn is shifting to a fully collateralized Bitcoin lending model, abandoning ETH and emphasizing security and alignment with Bitcoin's principles. #Bitcoin #Lending #Custody

Bitcoin Lending Shift: Ledn Ditches ETH, Embraces Full Custody Bitcoin lender Ledn is moving to a fully collateralized, custodial model for Bitcoin loans, abandoning its Ethereum offerings. This shift, according to Ledn, aligns with Bitcoin's principles, avoiding the risks of fractional reserve lending. The move comes as Bitcoin's institutional adoption grows, and traditional finance grapples with the disruptive potential of crypto innovations. It's a return to basics, folks – or at least, a return to a very specific interpretation of the basics.