Yugocean
Valued Contributor
Following the suspension of activities by digital asset manager Celsius, its Switzerland-based rival Nexo, has offered to buy qualified assets from Celsius Network. Nexo mentioned on Twitter, which is seemed as a way to make an effect.
Nexo claims it attempted to assist Celsius on June 12 but was turned down by the Celsius team. This time, Nexo, believing itself to be effective, has set a time limit of 4:30 a.m. UTC on June 20, 2022. Prior to then, the offer will stay in existence unless Celsius accepts or rejects it, or until Nexo withdraws prematurely.
Some supporters of Celsius argue that the pause is linked to the current market meltdown; in addition to Celsius, other platforms have also taken a break. However, several of Celsius's competitors, such as Ledn, BlockFi, and Bitcoin maximalists, disagree, claiming that their platforms are unaffected.
Nexo's offer is seemed to be a better reply to those who were comparing both and giving more importance to Celsius.
Nexo claims it attempted to assist Celsius on June 12 but was turned down by the Celsius team. This time, Nexo, believing itself to be effective, has set a time limit of 4:30 a.m. UTC on June 20, 2022. Prior to then, the offer will stay in existence unless Celsius accepts or rejects it, or until Nexo withdraws prematurely.
Some supporters of Celsius argue that the pause is linked to the current market meltdown; in addition to Celsius, other platforms have also taken a break. However, several of Celsius's competitors, such as Ledn, BlockFi, and Bitcoin maximalists, disagree, claiming that their platforms are unaffected.
Nexo's offer is seemed to be a better reply to those who were comparing both and giving more importance to Celsius.
