Friday, April 4, 2025
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Celsius Network Clears its Bitcoin Loan, Resetting its Liquidation Price to $0

Summary: Celsius Network has completely paid off its Bitcoin loan, resetting its liquidation price to zero. The lending platform has been paying off its loan on the Maker Protocol since mid-June and after it announced pausing of withdrawals. The complete repayment of its Bitcoin loan could be part of Celsius Network’s restructuring plan

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dYdX Clears the Air on its Investor 3AC, States Three Arrows Capital’s Situation Does Not Affect its Liquidity and Operations

Summary: Three Arrows Capital was an early investor of dYdX. The team at dYdX has released a statement clarifying that the project is unaffected by the financial situation facing Three Arrows Capital. Nexo’s co-founder has also clarified that they have zero exposure to Three Arrows Capital. The ongoing insolvency facing Three Arrows Capital due

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