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…
Alternative Coins
What are Altcoins?
Altcoins, or "alternative coins," are cryptocurrencies that are alternatives to the digital currency Bitcoin. The term "altcoin" is used to describe any cryptocurrency that is not Bitcoin, and these coins are often used to fill specific niches or solve specific problems that Bitcoin does not address. Some examples of popular altcoins include Ethereum, Binance Coin, Monero, and XRP. Altcoins are created using technologies similar to Bitcoin, such as blockchain and cryptography. As a result, they often have similar goals, such…
Block Education
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