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Celsius says ’employee’ suspended amid rumors of CFO arrest in Israel

Crypto lending firm Celsius Network said Friday that it has suspended an “employee” amid rumors of its CFO Yaron Shalem’s arrest in Israel. “We were recently made aware of a police investigation in Israel involving an employee,” Celsius tweeted. “While this is in no way related to the employee’s time or work at @CelsiusNetwork, the employee was immediately suspended. We have also verified that no assets were misplaced or mishandled.” The tweet came after The Block reached out to Celsius CEO …

Current state of DeFi in 2021: Part 1

November 25, 2021, 12:04PM EST • 9 min read Quick Take This is a section from The Block Research’s upcoming 2022 Digital Assets Outlook report Maker was the largest lending platform by value locked and outstanding debt Curve and Uniswap v3 were the largest decentralized exchanges by value locked and volume, respectively dYdX outpaced other derivatives protocols in volume after the introduction of its recent liquidity mining program Convex surpassed Yearn and became the largest yield optimizer by value locked …