Wednesday, June 29, 2022

Internal Celsius documents from 2021 show the crypto lender issued large loans backed by little collateral while pitching itself as less risky than banks (Wall Street Journal)

Wall Street Journal:
Internal Celsius documents from 2021 show the crypto lender issued large loans backed by little collateral while pitching itself as less risky than banks  —  The lender had little cushion in the event of a downturn or mass withdrawals, investor documents show



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Aaron Tilley / The Information : Sources: OpenAI bought tens of thousands of Macs for RL, Anthropic rents them, Nvidia sees Apple as its ...