Alert: Celsius Pauses Withdrawals & Transfers, Is The Trust Between Platforms & Traders Being Challenged?

Alert: Celsius Pauses Withdrawals & Transfers, Is The Trust Between Platforms & Traders Being Challenged?


Cryptopolitan
2022-06-15 12:47:04

Due to extreme market conditions, Celcius, a crypto staking and lending platform, has halted all swaps, transfers, and withdrawals. Celsius, a cryptocurrency lending firm, allows users to stake cryptocurrency, which can then be used as collateral for loans. Celsius users may be nervous right now because the platform paused withdrawals in order to “put Celsius...