Celsius Pivots Toward Paying Off Aave, Compound Debt, With $950M Collateral as Prize

2022-7-9 23:10

The troubled crypto lender Celsius paid down a $258 million debt on the decentralized lending protocols Aave and Compound – possibly in an attempt to reclaim collateral it had posted as guarantees. A day earlier, Celsius used a debt-paydown to reclaim collateral on the Maker protocol.

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Tether Slams Bloomberg’s Investigative Report as Pre-Packaged with A Pre-Determined Narrative

Bloomberg says Tether has invested billions of dollars of its reserves in Chinese commercial paper and loaned $1 billion to crypto lender Celsius Network with Bitcoin as collateral. The post Tether Slams Bloomberg’s Investigative Report as Pre-Packaged with A Pre-Determined Narrative first appeared on BitcoinExchangeGuide.

2021-10-7 18:47