This is the Delphi Daily. Let’s dive in.
Celsius executives cashed out $17m dollars in the months before the embattled crypto lending platform announced insolvency. Many of these execs have since resigned from the company. Let this serve as a friendly reminder: If you don’t
know where the yield is coming from, it’s probably you. A major DeFi protocol is investing $500m into US treasury bills and corporate bonds, floor prices for Renga NFTs are going through the roof, and our Research team looks into Internet Game’s Season 2.