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Centralized crypto lending firm Celsius is shouldering a $1.2 billion deficit, as revealed by its bankruptcy filings. The majority of its liabilities are from customer deposits.

Celsius bankruptcy filings show a company in deep trouble

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LBTC Daily E - Bulletin📧  (15/7/2022)📨

1. Celsius bankruptcy filings show a company in deep trouble
https://cointelegraph.com/news/celsius-bankruptcy-filings-show-a-company-in-deep-trouble

2.DeFi market fell off cliff in Q2 but users haven't given up hope: Report
https://cointelegraph.com/news/defi-market-fell-off-cliff-in-q2-but-users-haven-t-given-up-hope-report

3. BTC mining costs reach 10-month lows as miners use more efficient rigs
https://cointelegraph.com/news/btc-mining-costs-reach-10-month-lows-as-miners-use-more-efficient-rigs

LBTC Daily E - Bulletin (15/7/2022). Celsius bankruptcy filings show a company in deep trouble.