最新报道:Galaxy Digital warns that crypto treasury firms like Celsius and BlockFi, which offer high yields on customer deposits, create a "structurally fragile" market prone to contagion risks. The report highlights how these firms reinvest deposits in volatile crypto assets, leading to liquidity mismatches when withdrawals spike. Galaxy notes the lack of transparency around their reserves and lending activities exacerbates systemic vulnerabilities, calling for clearer regulations to mitigate risks in the sector.