Ethereum World News
2022-07-07 15:58:31

Celsius Network Clears its Bitcoin Loan, Resetting its Liquidation Price to $0

Summary: Celsius Network has completely paid off its Bitcoin loan, resetting its liquidation price to zero. The lending platform has been paying off its loan on the Maker Protocol since mid-June and after it announced pausing of withdrawals. The complete repayment of its Bitcoin loan could be part of Celsius Network’s restructuring plan and commitment to making all its users whole. Celsius Network has completely paid off its Bitcoin loan and thus resetting its liquidation price back to zero. According […]

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