A deep look into Celsius network's design and the events of recent weeks with its yield-generating strategies that culminated in a halt of bitcoin withdrawals.
The price of bitcoin fell in response to Celsius Network pausing all transactions off-platform in response to a liquidity crisis and other market disruptions.
One of the most interesting things to emerge from the current bear market has been a concept known as “decentralized finance,” or "DeFi," manifested primarily by services that allow you to earn interest or borrow against your cryptocurrency holdings.