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…
Crypto Futures
What is Crypto Futures Trading?
Crypto futures trading is a financial contract where two parties agree to buy or sell a certain amount of a cryptocurrency at a predetermined price and date in the future. It lets traders speculate on a cryptocurrency's future price movements without owning the underlying asset. An example of how crypto futures trading works is as follows: Let's say that you believe the price of Bitcoin will increase. You could enter into a futures contract where you agree to buy 1…
Block Education
@BlockEducation
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