menu search

CEL / Celsius' user funds remain in the balance as partial debt repaid

Celsius' user funds remain in the balance as partial debt repaid
Embattled crypto lending platform Celsius Network paid back another $50mln of its nearly $200m debt tied up in MakerDAO, effectively increasing its collateralisation ratio by 80% as of July 4. The UK-registered enterprise was at risk of having its position liquidated as Bitcoin (BTC)'s price continued to plummet by 60% in the first two quarters of 2022. Read More
Posted: Jul 4 2022, 10:57
Author Name: Proactive Investors
Views: 102845

CEL News  

Celsius' user funds remain in the balance as partial debt repaid

By Proactive Investors
July 4, 2022

Celsius' user funds remain in the balance as partial debt repaid

Embattled crypto lending platform Celsius Network paid back another $50mln of its nearly $200m debt tied up in MakerDAO, effectively increasing its co more_horizontal


Search within

Pages Search Results: