Category: Celsius

Crypto Lender Celsius Taps Chainlink’s Price Oracles for Interest Rate ‘Decentralization’

Lending platform Celsius Network has teamed with an oracle provider to make the price feeds it uses to calculate crypto asset interest rates less centralized. Announced Monday, Celsius has subscribed to Chainlink, which connects smart contracts with real-world data,...

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$100M+ in Margin Calls: Crypto Lenders Demand Collateral as Market Buckles

The budding market for cryptocurrency-backed loans met its first big stress test this week as bitcoin (BTC) dropped 40 percent and lenders demanded additional collateral from borrowers. In the last day, Genesis Capital called an additional $100 million of...

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