Exchanges· ★★★· neutral·

Ledger launches bitcoin-backed loans and probes fund losses at reseller CryptoBilis

  • —USDC and USDT loans backed by cbBTC and wBTC run through Morpho and Yield.xyz
  • —Ledger asked CryptoBilis to stop sales after reports of lost funds
  • —The warning covers purchases from the reseller in the past 90 days
  • —Nano Gen5 Spurs Edition is limited to 250 units in Texas only
Why it matters: The launch widens DeFi credit access for BTC holders, while the reseller incident raises supply-chain security concerns.
Source: 2Bitcoins.ru