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…
TBCASoft
Proof-of-Business(POB) Makes Cross-Carrier Payment System a Success
As blockchain technology development continues perpetually, different issues arise daily. The greatest challenge stands to be how blockchain-based institutions can easily avail services and likewise efficient for people in every corner worldwide. In Sept 2017, the Carrier Blockchain Study Group (CBSG) Consortium was established to facilitate secure and direct digital payments with blockchain technology. A press release on February 18 saw the Blockchain platform TBCASoft, one of the founding members of CBSG, make a breakthrough announcement. The statement mentioned Asia…
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