The Celsius Withdrawal Hold Shakes the Crypto World
Celsius reported Monday that all “withdrawals, swaps, and transfers between accounts” had been halted, citing “extreme market circumstances. “It is not difficult to define “severe market conditions,” as several deserving candidates are. This includes the sudden downfall of the TerraUSD stablecoin and last Friday’s announcement of a 40-year-high monthly inflation rate of 8.6 per cent….