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Cryptocurrency News

Celsius Network coin report shows a balance gap of $2.85 billion: Finance Redefined

08/20/2022

Less than a minute

2022.08.20 08:09

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.

This past week, Celsius’s financial troubles mounted further as a new coin report showed the company had a balance gap of $2.85 billion, more than double what it had shown in the bankruptcy filing. Aave (AAVE) called upon community members to commit to the Ethereum proof-of-stake (PoS) Merge.

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08/20/2022

Less than a minute