In today’s issue we will again focus on the ever-changing dynamic occuring with the company Celsius, who has halted all activity on its platform in the name of being in a “better position to honor, over time, withdrawal obligations.” If you missed yesterday’s writeup detailing the situation, you can find that below.
what a riveting turn of events let me see if i got this right, we got $hitcoin staking derivatives used as collateral to magically generate yield while the real $hitcoin lies locked away until the advent of a phenomenon the prophecies refer to as "merge"... only issue is...wen merge...and will any of this still be around by then
I think Celsius is working with Alameda on this. Sould be a good news even if they don't redeem them exactly 1:1 at least we see some cooperation in the crypto because the mentality of each for themselves depress me a bit lately.
what a riveting turn of events let me see if i got this right, we got $hitcoin staking derivatives used as collateral to magically generate yield while the real $hitcoin lies locked away until the advent of a phenomenon the prophecies refer to as "merge"... only issue is...wen merge...and will any of this still be around by then
I think Celsius is working with Alameda on this. Sould be a good news even if they don't redeem them exactly 1:1 at least we see some cooperation in the crypto because the mentality of each for themselves depress me a bit lately.