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…
Tether
Tether (USDT) Stablecoin Explained
USDT (Tether) is a stablecoin pegged to the US dollar's value. It is built on the Bitcoin blockchain using the Omni Layer Protocol, Ethereum, TRON, EOS, Solana, Algorand, and others. USDT can be used to store, send, and receive value in a decentralized manner, similar to Bitcoin. The key difference is that while the value of Bitcoin and other cryptocurrencies can fluctuate widely, the value of USDT is intended to remain stable, as it is pegged to the US dollar.…
Block Education 
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