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…
Stealth Address
What are Crypto Stealth Addresses?
Crypto stealth addresses are a privacy feature used in some cryptocurrencies to obscure the recipient's address on the blockchain. They create a unique, one-time-use address for each transaction on behalf of the recipient's actual address. The sender sends funds to the generated stealth address, which is forwarded to the recipient's address. Still, the blockchain only shows the stealth address, making it difficult to determine the recipient's identity. This improves the privacy of transactions, as the recipient's actual address is not…
Block Education
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