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Celsius Repays Compound Finance $10m Worth of DAI
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Crypto lender Celsius Network has repaid interest-yielding DeFi service Compound Finance with $10 million worth of the DAI stablecoin, according to a report from Crypto Briefing.
The payment is likely to be an attempt to re-establish solvency following a recent episode of suspension of withdrawals, swaps and transfers, which resulted in rumours of insolvency. Currently, those services are still under suspension.
Read more on blockchain.newsAbout this in other media
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Investigations Begin On Crypto Lender Celsius' Accounts Freeze: Report ndtv.com /1 week ago
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