In this week’s newsletter: Crypto giant Celsius is freezing out users as it tries to solve a mammoth lending crisis. So what happens if money in the bank isn’t really there?
If you have a $1,000 balance at Celsius – the crypto bank that froze withdrawals last week, triggering the latest phase of the crisis in the sector – how much money do you have?
The answer seems clear:
→ Continue reading at The Guardian – Culture