Not your keys, not you crypto” is something you often hear in the crypto space and these past few days proved why. Amidst the crypto tumble, CeFi (centralized finance) heavyweights Celsius Network and Binance both halted customer withdrawals, though for very different reasons. Celsius Network is currently in a precarious position that could see the major crypto lending app liquidated and even insolvent. Already, customer funds are at risk with users unable to access their crypto. Is Celsius about to become the next Terra LUNA collapse? Stay safe out there!
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Celsius Network stops withdrawals: Is Celsius Network safe? Crypto crash | Crypto News Today with Kris Merkel
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