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…
Blockchain Interoperability
What is Blockchain Interoperability?
Blockchain interoperability refers to the ability of different blockchain networks to communicate with each other. This allows for the transfer of assets, data, and other information across different blockchain platforms. Interoperability varies and might include atomic swaps, which allow for the exchange of assets between blockchains without the need for a centralized intermediary, and cross-chain messaging protocols, which enable communication between different blockchain networks. Another way is using a blockchain-agnostic protocol or middleware layer, which sits between different blockchain networks…
Block Education
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