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…
ETC
What is Ethereum Classic (ETC) and How Does it Work?
Ethereum Classic (ETC) is a blockchain-based, decentralized platform that enables the creation of smart contracts and decentralized applications (dapps). It is a fork of the original Ethereum blockchain. The main difference is that ETC does not include the changes made to the Ethereum blockchain due to the DAO (Decentralized Autonomous Organization) hack in 2016. Like Ethereum, ETC uses a virtual machine called the Ethereum Virtual Machine (EVM) to execute smart contracts. The EVM is a Turing-complete virtual machine that allows…
Block Education 
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3 weeks ago 
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