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…
Solsea
Solana Network Shuts Down Again
Solana blockchain marked the new month of June with network downtime. The open-source blockchain platform announced this through a Twitter thread. The thread began: Block production on Solana Mainnet Beta has halted. Validator operators should prepare for a restart in mb-validators on Discord.” While Solana users blamed 5 NFT drops for the crash, Solana attributed the downtime to a bug that prevented the network from advancing. However, the Solana team assured users about the safety of the network and their…
8 months ago 1.7 k views