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This week's EthCC conference is taking place during one of Europe's worst heatwaves in recent memory. There are a lot of sweaty blockchain developers, mostly men, and a meditation teepee in a "Chill Room" that isn't chilled. Lyllah Ledesma, attending the conference for CoinDesk, provides her observations.
The liquidity-stricken crypto lender fully paid off its debt to the decentralized finance protocol, freeing $26 million in tokens as part of its latest debt restructuring maneuver.
The embattled crypto lender Celsius is inching closer to fully paying off its loans from decentralized finance protocols, reducing its outstanding debt to $59 million.
The troubled crypto lender Celsius started to make good on the $258 million debt on the decentralized lending protocols Aave and Compound – possibly in an attempt to reclaim collateral it had posted as guarantees. The transactions come just a day after Celsius used a debt-paydown to reclaim collateral on Maker.