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 …
