Dialling up the Temperature on Celsius
Binance on Monday halted withdrawals of bitcoin for several hours after crypto lender Celsius also blocked customers from pulling funds from its platform, citing “extreme market conditions. We have no idea what the future fate of Celsius will be, nor the fate of its $25 billion that it allegedly holds in assets, but if the recent TerraUSD debacle is anything to go off of, the future does not look rosy for Celsius
The Celsius Network Fiasco
Celsius Network, an interest-earning yield platform, has frozen withdrawals after using a myriad of failed DeFi strategies. Customers now fear they will never be able to access funds that are locked on Celsius while investors and employees have started to jump ship.
Kraken Denounces. “Woke Activists” in Corperate Culture
Cryptocurrency exchange Kraken has recently released a 4000 word, 11-page culture document outlining Kraken’s “libertarian philosophical values” that includes prohibiting employees from calling speech “toxic, hateful, racist, x-phobic, unhelpful, etc.” & possibly incorporating firearm and self-defence training into corporate retreats.
WWOC: Manny Pacquiao is launching NFTs in memory of his late dog ‘Pacman’
There is no bond stronger than one has with their own dog. But as life progresses, what do you think would be the nicest way to remember them by? This is a question that ex-champion boxer turned Pilipino politician Manny Pacqiou had on his mind for a while, and, like any other COMPLETELY SANE PERSON he concluded that he’d like to honour his dog by creating an NFT collection/fighting game out of it!
What we cover in this episode:
- Market Recap
- Micheal Saylor “Words of Wisdom” Look Back
- Celsius Network Freezes Transactions
- Kraken Crypto Exchanged Denounces “Woke Activists”
- WWOC: Former Boxer Manny Pacquiao Launches NFT Collection in Memory of Late Dog
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