Celsius Network vs Sky (formerly MakerDAO)

Celsius Network was a crypto lending and yield platform that froze customer withdrawals in June 2022 and filed for Chapter 11 bankruptcy weeks later; founder Alex Mashinsky pleaded guilty to fraud and was sentenced to 12 years.

Blockchain / Crypto

Sky (formerly MakerDAO)

Decentralized protocol behind the USDS and DAI stablecoins, governed by the SKY token; formerly MakerDAO.

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