Celsius Network, a crypto lending platform, has announced its intention to redeem $500 million in wrapped bitcoin (wBTC) as part of its ongoing bankruRestaking, a new protocol for staking on Ethereum, has gained significant traction in recent months. Developers have raised over $500 million in totalA proposal to ban proof-of-work (PoW) cryptocurrencies in the European Union has sparked controversy and outcry from the crypto community. The proposaFederal authorities have launched an investigation into Paxos and FTX for alleged multibillion-dollar fraud. The investigation was prompted by a repor
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