Crypto Currency Tracker logo Crypto Currency Tracker logo
The Daily Hodl 2023-05-16 18:41:56

Bankrupt Lender Celsius Moves $780,000,000 Worth of Crypto After Lido Finance Allows Withdrawals

Bankrupt crypto lending platform Celsius transferred 428,000 staked ether (stETH) worth $780 million on Monday, according to Etherscan data. The transfer corresponds with the introduction of a withdrawal feature by Lido Finance, the stETH provider, for the first time. It’s unclear whether the transfer is related to a possible attempt by Celsius to regain previously The post Bankrupt Lender Celsius Moves $780,000,000 Worth of Crypto After Lido Finance Allows Withdrawals appeared first on The Daily Hodl .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.