Celsius Halts Bitcoin Withdrawals: What Went Wrong?

Bitcoin Magazine

The below is a free, full excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.

The purpose of this issue will be twofold:

The first will be an in-depth look at the Celsius platform, and breakdown the design of the business/ecosystem to understand what went wrong.

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The second is to detail the events that have transpired over the recent weeks with Celsius “yield generation” strategies, and update subscribers on the state of the market, with potentially big ramifications on the horizon.

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