Celsius Network Pays Off Maker Loan, Freeing Up $440M of Collateral

Celsius Network Pays Off Maker Loan, Freeing Up $440M of Collateral

On-chain data shows that a wallet linked to Celsius repaid the remaining $41.2 million of the loan in DAI, the Maker protocol’s stablecoin. That prompted the Maker protocol to release 21,962 wrapped bitcoins (WBTC), a bitcoin equivalent token of the Ethereum blockchain, which was pledged as collateral of the loan. That works out to about $448 million, since WBTC was recently trading at about $20,400.

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Crypto Lender Voyager Ordered by US Regulators to Stop Misleading Customers

Crypto Lender Voyager Ordered by US Regulators to Stop Misleading Customers

“Voyager has made various representations online, including its website, mobile app, and social media accounts, stating or suggesting that: (1) Voyager itself is FDIC-insured; (2) customers who invested with the Voyager cryptocurrency platform would receive FDIC insurance coverage for all funds provided to, held by, on, or with Voyager; and (3) the FDIC would insure

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Outside Magazine Wants the Metaverse to Take a Hike

Outside Magazine Wants the Metaverse to Take a Hike

He calls it the “Outerverse”: A platform where hikers, bikers, runners, skiers – outdoor-doers the world over – can earn rewards for tracking their real-life activity atop crypto rails. Skiers, for example, could unlock chances at a heli-skiing expedition, Zoom calls with famous photographers, perhaps Warren Miller movie tickets  – definitely non-fungible tokens (NFT) –

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Is the Ethereum ‘Merge’ Driving This Rally?

Is the Ethereum ‘Merge’ Driving This Rally?

“There’s going to be virtually no sell pressure when the Merge happens. Everyone who’s staking is locked up, everyone remaining with their money in stETH is holding until it repegs, anyone who had their money on Voyager or Celsius is locked in bankruptcy proceedings for 5-10yrs,” crypto commenter Ethereum Jesus tweeted, referring to the bankruptcy

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Russian Activists Turn to Crypto for Donations to Aid Ukraine Refugees

Russian Activists Turn to Crypto for Donations to Aid Ukraine Refugees

There is another reason crypto might be preferable for Russians willing to help Ukrainians, said Vlad, a volunteer for Ethos, a fund created by Russian expats that helps refugees rent apartments in Armenia and gives away things like medicine and hygiene products. Ethos is raising money in bitcoin, ether, tron, BNB and USDT. According to

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