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Crypto Lending Service Celsius Pauses Withdrawals Citing 'Extreme Market Conditions'

“We are taking this action today to put Celsius in a better position to honor, over time, its withdrawal obligations,” wrote Celsius.

Crypto Lending Service Celsius Pauses Withdrawals Citing 'Extreme Market Conditions'
Celsius Network (Twitter)

Crypto lending service Celsius announced early Monday it would pause withdrawals, and transfers citing "extreme market conditions." “We are taking this action today to put Celsius in a better position to honor, over time, its withdrawal obligations,” wrote Celsius.

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