MakerDAO Review: What Is MakerDAO And How Does It Work?
Brief History of MakerDAO Lending and borrowing have always been widely used features and use cases of every asset class. However, cryptocurrencies as a new asset class were for long regarded as too volatile, and their price movement too excessive for them to be used for credit operations. Once a comprehensive global market of crypto […]
Celsius Pauses Customer Operations
The crypto lender Celsius announced that it is pausing customer withdrawals, transfers, and swaps. This was done to stabilize liquidity, so that the lender can honor its withdrawal obligations in the future. Celsius’ CEL token quickly plummeted by 70%. It now amounts to $0.15, according to CoinMarketCap. However, Celsius’ customers will keep accruing rewards despite […]