News for hackers. Stuff that matters.

A comment on Battered Crypto Hedge Fund Three Arrows Capital Considers Asset Sales, Bailout. Parent comment

Re:Battered Crypto Hedge Fund Three Arrows Capital Considers... by blitzar on Friday June 17, 2022 @11:33AM (#31779724)
It is no different at all. However, in traditional finance that is called a "margin loan" in defi it is called a "crypto interest account paying 20% with 0 chance of losing all your money"
[ Parent | on HN ]
Re:Battered Crypto Hedge Fund Three Arrows Capital Considers... by pcthrowaway on Friday June 17, 2022 @02:45PM (#31782572)
Who in their right mind would say that a collateralized borrow has 0 chance of losing money? That's the whole point of requiring collateral
[ Parent | on HN ]