ChainCatcher News: Bitcoin payment app Strike founder Jack Mallers responded on the X platform regarding the adjustment of the margin call policy. He stated that Strike’s lending mechanism will not liquidate Bitcoin collateral entirely. When a loan falls below the maintenance margin level, the platform will only perform partial liquidation to bring the loan back to approximately 65% healthy loan-to-value ratio (LTV).
Jack Mallers added that this mechanism aims to maintain loan health while protecting users’ Bitcoin assets as much as possible and giving clients and Bitcoin price recovery more time. Based on this mechanism, the liquidation ratio of Strike’s overall loan book remains in the low single digits of the total outstanding loans, approximately 1%–3%.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Data: In the past 24 hours, the entire network has been liquidated by $252 million, with long positions liquidated by $170 million and short positions liquidated by $81.7741 million.
ChainCatcher message, according to Coinglass data, in the past 24 hours, the entire network experienced liquidations of $252 million, with long positions liquidated at $170 million and short positions at $81.77 million. Among them, Bitcoin long positions liquidated at $69.2463 million, Bitcoin short positions at $27.4732 million, Ethereum long positions at $36.4551 million, and Ethereum short positions at $22.6325 million.
GateNews5m ago
CleanSpark sells 97% of its Bitcoin production in February to fund its AI transformation
Bitcoin mining company CleanSpark produced 568 Bitcoins in February, sold 553, achieving a sales ratio of 97%, setting a new record. The revenue was approximately $36.65 million. The sale will fund its expansion into AI and high-performance computing data centers. The company still holds 13,363 Bitcoins and operates a hash rate of 50 EH/s.
GateNews5m ago
Solv Protocol Confirms $2.7 Million Exploit in Bitcoin Yield Vault, Commits to User Compensation
Solv Protocol, a Bitcoin-focused decentralized finance platform, has reported a limited exploit affecting one of its Bitcoin Reserve Offering (BRO) vaults, resulting in the loss of approximately 38 SolvBTC valued at $2.7 million and impacting fewer than 10 users.
CryptopulseElite9m ago
PsiQuantum's million-qubit facility begins construction, scientists say this scale is sufficient to crack Bitcoin encryption
Quantum computing company PsiQuantum has launched the construction of a million-qubit quantum computing facility in Chicago, with 500 tons of steel already assembled. The goal is to commercialize quantum computing and support next-generation AI supercomputers. Scientists warn that quantum computing could threaten Bitcoin's cryptographic security.
GateNews19m ago
Bitcoin Reclaims $70K As ETF Flows Stabilize and Selling Pressure Eases
Glassnode reports that Bitcoin's ETF flows are stabilizing after outflows, coinciding with a price rebound above $70,000. Healthy inflows into ETFs indicate a cautious optimism among institutions, but macro risks persist, necessitating continued monitoring of market trends.
BlockChainReporter31m ago
Senator Lummis: CFTC Chairman is well aware of the urgency of legislation on digital asset market structure
BlockBeats News, March 6 — Cynthia Lummis, the proposer of the Bitcoin Strategic Reserve Act and Chair of the Senate Banking Digital Assets Subcommittee, stated that she had a meeting with CFTC Chair Michael Selig. The two discussed the digital asset market structure, and the discussion was very pleasant. The CFTC Chair is well aware of the urgency of the moment and looks forward to continuing cooperation in the process of integrating digital assets into the 21st-century financial system.
GateNews35m ago
