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2022-07-09 09:55:34

With $950 Million in Collateral as the Prize, Celsius Turns to Pay Off Aave, Compound Debt

The post With $950 Million in Collateral as the Prize, Celsius Turns to Pay Off Aave, Compound Debt appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide The cash-strapped cryptocurrency lender Celsius, this week paid off $223 million in loans on the Maker blockchain technology to release $450 million in collateral. In a new development, it may attempt a similar tactic with two other significant decentralized finance (DeFi) platforms: Aave and Compound. A crypto wallet connected to Celsius by blockchain intelligence company …

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