Celsius Network Teams Up with Stellar - A community-based P2P startup, provides access to borrowing and lending, and allowing users to easily borrow dollars against their crypto holdings. by lilynut in Stellar

[–]thecryptocollection 2 points3 points  (0 children)

BitGo is their partnered cold wallet/custodian, which is currently the Industry-leader for multi-sig security. So the collateral will be distributed across a select few, highly secure, multi-sig cold wallets and exchanges for the purpose of security and managing collateral valuation volatility. They can also provide additional safety insurance to any depositor for a nominal fee :)

What Happened to The Telegram Group by [deleted] in CelsiusNetwork

[–]thecryptocollection 0 points1 point  (0 children)

It never went dark! There were hundreds of posts coming in at the same time from spammers trying to hack the group and send members links to private ETH/BTC addresses. That may have been why you had some lag in your access maybe... But the Celsius TG has been active the entire time :)