Did Celsius Just Repay $120M to Maker?
Celsius appears to have repaid $120 million of its debt to Maker, the DeFi protocol behind the Dai stablecoin, although Celsius is not entirely confirmed to be the payor. Maker...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Crypto BriefingRelated market context
DeFi protocol Summer Finance exploited for $6 million; analysts point to flash loan attack
The attacker reportedly used a $65.4 million flash loan to obtain a $70.9 million redemption on Summer.fi's Lazy Summer Protocol.
How MiCA brings banks closer to controlling Europe’s stablecoin access
Europe's MiCA deadline has now entered the phase in which licenses begin to shape distribution. The first wave of concern centered...
Why Binance’s reported $2B Mesh investment could decide who controls stablecoin payments
Binance's reported move to lead a new Mesh funding round puts a strategic price on the payment routes stablecoins need to leave ex...
Trader Turns $2 Million of ETH Into $14,208 as Lighter Token Rallies 53%
A crypto trader swapped 1,126.44 ETH worth $2.01 million for just 5,776 LIT valued at $14,208 on Sunday, wiping out nearly $2 mill...
Vitalik’s new Lean Ethereum plan puts ETH’s Wall Street pitch on a 4 year clock
Vitalik Buterin's July 4 Lean Ethereum post put a clock on ETH's institutional story: a protocol pitched as financial infrastructu...
UK Crypto Rulebook Cuts Stablecoin Capital Requirement To 1%
The UK’s crypto rulebook is starting to look more real, and stablecoin issuers now have a clearer idea of what they are dealing wi...