Crypto lending firm Celsius told clients in an email Sunday evening that it is pausing withdrawals and transfers, citing market conditions.
Celsius—the crypto lending firm—said on Sunday that it would pause withdrawals on its platform, citing market conditions as the price of Ether and other cryptocurrencies tumbled.
Led by Alex Mashinsky, the firm reportedly had about $12 billion in customer assets as of May across 1.7 million users, asIn a note to clients it added:"Due to extreme market conditions, today we are announcing that Celsius is pausing all withdrawals...We are taking this action today to put Celsius in a better position to honor, over time, its withdrawal obligations."
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
True Global Ventures joins $42.5m funding round of French crypto company CoinhouseThe fundraising is aimed at accelerating development of Coinhouse's service offerings to individuals and businesses in Europe.
Baca lebih lajut »
Crypto Firms Cut Back on Hiring During Market SlumpCryptocurrency firms have slammed the brakes on their spending spree in response to the continuing crypto price slump
Baca lebih lajut »
Abra introduces first crypto rewards card on American Express networkCrypto rewards will be tradable in more than 100 different cryptocurrencies supported by Abra.
Baca lebih lajut »
Learn-to-Earn, Move-to-Earn: How to Earn Crypto in New WaysCrypto projects are constantly looking for ways to promote themselves in a space full of loud and fast-moving players. One way involves handing out tokens in return for learning, playing or even just walking around. bgBenedict explains how:
Baca lebih lajut »
Black Crypto BoomOn A Word with Jason Johnson: Is cryptocurrency the future of Black wealth?
Baca lebih lajut »