A Brief Summation Of Events
Celsius, more like Sellsius
Earlier this week, Celsius, the cryptocurrency lending platform, said it would be pausing all withdrawals.
The memo posted on Medium stated: “Due to extreme market conditions, today we are announcing that Celsius is pausing all withdrawals, Swaps, and transfers between accounts. We are taking this action today to put Celsius in a better position to honor, over time, its withdrawal obligations.“