TechScape: What the crypto big freeze means for your money - The Guardian


6/22/2022 12:00:00 AM2 years 10 months ago
by Alex Hern

In this week’s newsletter: Crypto giant Celsius is freezing out users as it tries to solve a mammoth lending crisis. So what happens if money in the bank isn’t really there?

If you have a $1,000 balance at Celsius the crypto bank that froze withdrawals last week, triggering the latest phase of the crisis in the sector how much money do you have? The answer seems clear: … [+6951 chars]

full article...