Crypto-Backed SALT Claims $1.3 Billion Backlog, Suspends New Memberships
news.bitcoin.com
by C. Edward Kelso
February 23, 2018
Excerpt:
Secured Automated Lending Technology (SALT) has an enviable problem if its recent Medium post is to be believed. The membership-based crypto-as-collateral loan platform has declared “a demand of over $1.3b in loan requests” is forcing it to suspend “new membership registrations, loan requests, and purchases of SALT.”
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