Saturday, April 30, 2022

New crypto mortgages in the US real estate market let property buyers pledge their digital holdings as collateral for a loan, with no down payments necessary (Heather Perlberg/Bloomberg)

Heather Perlberg / Bloomberg:
New crypto mortgages in the US real estate market let property buyers pledge their digital holdings as collateral for a loan, with no down payments necessary  —  It took Vincent Burniske months to get a seven-figure loan to buy two small apartment buildings in a coveted Miami neighborhood.



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...