Crypto lender Celsius paused withdrawals, swaps, and transfers between accounts earlier this week due to liquidity risks. According to blockchain security PeckShield, Celsius has started withdrawing its Ethereum (ETH) positions in the DeFi protocol Bancor after the firm disabled the Impermanent Loss Protection to protect liquidity providers. Celsius Clears its Ethereum (ETH) Positions in Bancor The post Celsius Withdraws ETH Positions From Bancor, Here’s Why appeared first on CoinGape.
