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…
Supply and Demand
What is Supply and Demand?
In economics, supply and demand refer to the relationship between the quantity of a good or service available and the quantity people are willing to purchase at a given price. When the quantity of a good or service that is available (the "supply") is greater than the quantity that people are willing to purchase (the "demand"), the price of the good or service will generally fall. Conversely, when the quantity of a good or service is less than the quantity…
Block Education
@BlockEducation
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