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Crypto lending giant Celsius 'pauses' withdrawals after token value plunges
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Crypto lending giant Celsius 'pauses' withdrawals after token value plunges
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14th June 2022, 08:22
| #1 |
| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 152,472
 |  Crypto lending giant Celsius 'pauses' withdrawals after token value plunges Another big name in crypto finance is taking drastic steps in the wake of plunging currency values. As The Vergenotes, lending heavyweight Celsius Network has 'paused' all withdrawals, inter-account transfers and Swaps in response to "extreme market conditions." The move is meant to stabilize the liquidity of assets and provide a better opportunity to meet withdrawal obligations, according the company. https://www.engadget.com/celsius-pau...2.html?src=rss |
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