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Collapse of DeFi bubble is spooking VCs, retail investors
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Mumbai: Shashank Bhardwaj from Delhi is writing off his entire investment in US-based crypto lending platform Celsius Network.The 28-year-old Bhardwaj had pumped in 30-40% of his entire crypto portfolio into the platform to earn interest on “crypto that was lying around in his wallet.” Celsius, which had almost $12 billion under management as of May, lent out the deposits of customers – who were treated as unsecured creditors – to other
. Read more on economictimes.indiatimes.comAbout this in other media
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