Terra in May, Celsius in June? Why the heat is on after withdrawals halt, $200M to FTX

There’s no easy way to say this, but current crypto-market conditions can only be described as ‘extreme.’ In fact, ongoing corrections saw the price of Ether and other cryptocurrencies tumble, with many seeing significant liquidations within the market. Implications of a further fall could see nearly $500 million of on-chain collateral facing liquidation. The stETH/ETH pool […]