Crypto Currency Tracker logo Crypto Currency Tracker logo
CryptoGlobe 2023-05-17 14:23:00

Bankrupt Crypto Lender Moves to Recover Nearly $800 Million in Staked Ethereum ($ETH)

Bankrupt cryptocurrency lending platform Celsius has moved to reclaim its Lido staked Ether (stETH) tokens from liquid staking platform Lido after the latter recently enabled withdrawals. These withdrawals came in after Ethereum’s Shapella upgrade allowed investors to unstake their $ETH. Celsius has commenced the process of retrieving its Lido Staked Ether tokens according to blockchain

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.