An independent examiner has revealed shocking details surrounding the inner workings of Celsius – a crypto lender that filed for bankruptcy in July 2022. The examiner claimed that Celsius did not operate by the business model that it presented to customers. He likened it to a Ponzi scheme, much like FTX – a company that happened to have used the same accounting software: QuickBooks. The Truth About CEL Token Per a filing from examiner Shoba Pillay on Tuesday, Celsius had…
1inch
What is 1inch Network (1INCH) and How Does it Work?
1inch is a decentralized exchange (DEX) aggregator that allows users to trade cryptocurrencies on multiple DEXs from a single platform. 1inch uses a "smart order routing" system to find the best trade prices across multiple DEXs. It then executes the trade on the most favorable exchange. This allows users to get the best possible price for their trades and can also help to reduce slippage (the difference between the expected price of a trade and the actual price at which it…
Block Education
@BlockEducation
3 weeks ago 70 views