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…
PancakeSwap
What Is PancakeSwap and How Does It Work?
PancakeSwap is a decentralized exchange (DEX) built on the BNB Chain. It allows users to trade cryptocurrencies in a decentralized manner without the need for a central authority or intermediary. Users can trade cryptocurrencies on PancakeSwap using the Binance Coin (BNB), CAKE, BUSD, or other cryptocurrencies as the base currency. The platform utilizes an automated market maker (AMM) model, which uses liquidity pools to determine the prices of the traded assets. To trade on PancakeSwap, users must first connect their…
Block Education
@BlockEducation
2 weeks ago 59 views