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04:02 PM
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Crypto exchange Celsius suspending all crypto transactions due to extreme conditions
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 79941206:MV81MTU5NjI0Xzk0NzYzNjI5X0UwRTExMUU2] [quote:Anonymous Coward 82698312:MV81MTU5NjI0Xzk0NzYzNjAwX0FCMEJDQkMw] [quote:Anonymous Coward 80247695:MV81MTU5NjI0Xzk0NzYwMjE2XzRFQ0Y1ODg2] I can't believe people buy that crap when the elites are giving us the golden opportunity to buy physical silver for so cheap compared to how inflation has gone nuts. [/quote] Then, they will declare silver to be a vital, strategic metal, and order nationwide (any nation) confiscation of physical, and nationalization of all mines. Turn in all your physical silver, to be purchased by the government with worthless, infinite bennybux, or face 20 years in jail and a confiscation of all your assets. :lflash::drevil::lflash: [/quote] Tricky Dicks! [/quote]
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lolz so much for getting your money out when shit goes sour..
Crypto lending platform Celsius Networks LLC said Sunday it is pausing all withdrawals, swaps and transfers between accounts, “due to extreme market conditions.”
“We are taking this action today to put Celsius in a better position to honor, over time, its withdrawal obligations,” the New Jersey-based company said in a statement.
Celsius is one of the largest crypto lending companies in the world, at one point claiming more than $20 billion in assets. But it has also run afoul of regulators, and some users have recently blamed Celsius for steep financial losses for encouraging them to hold its CEL digital tokens as collateral for loans — CEL plunged 48% late Sunday, and has lost more than 75% of its value over the past month — and 97% over the past year — according to CoinGecko data.
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