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Crypto Lender Celsius Network Says $70M Cash Relief Will Bolster Efforts to Survive the Year

The extra cash from loan repayments, previously believed to be in stablecoins, means a much needed boost for the cash-strapped lender.

Updated May 11, 2023, 4:23 p.m. Published Sep 2, 2022, 4:59 p.m.
Celsius Network CEO Alex Mashinsky (CoinDesk)
Celsius Network CEO Alex Mashinsky (CoinDesk)