Investors and prospective home buyers will soon be able to take out crypto-backed mortgages to buy real estate in the U.S. Moon Mortgage, a cryptocurrency lending platform, has raised a $3.5 million seed round to bring two key products to market, including an innovative mortgage lending product aimed at crypto holders. In a press release…
Vermont has opened investigations into Celsius Network while warning residents to be wary of investing in more CEL tokens. Vermont’s Department of Financial Regulation (DFR) said Celsius is “deeply insolvent” and accused it of mismanaging its customers’ funds. “Celsius is deeply insolvent and lacks the assets and liquidity to honor its obligations to account holders…