2022-6-13 09:34 |
The development follows weeks of rumors that the crypto lender could face insolvency issues due to the decline in the crypto market. Celsius Customers Blocked From Accessing Funds Celsius appears... origin »
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The U. S. Securities and Exchange Commission (SEC) on Sept. 23 filed an objection to part of a reorganization plan advanced by bankrupt crypto firm Celsius. That filing indicates that Celsius aims to have the crypto exchange Coinbase act as a distribution agent and return funds to former users affected by its collapse.
2023-9-26 00:00 | |
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Executives from WeWork, Lehman Brothers, US Bitcoin, and Arrington Capital will serve on the board of the crypto lender’s successor, as will two members of Celsius’ own creditor committee.
2023-9-11 12:26 | |
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It has now been more than one year since crypto lender Celsius Network filed for bankruptcy, leading to a rollercoaster 13 months for investors so far. However, there may finally be an end in sight for users who have their funds stuck on the platform as it looks like Celsius is getting ready for fund […]
2023-8-26 02:00 | |
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When Celsius launched back in 2017, many saw the company as one that had the potential to disrupt the industry with its crypto lending platform. Six years on, Celsius’ chapter in the crypto world seems to be ending, as recent developments will suggest.
2023-8-13 01:00 | |
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Celsius Network has gone public with another development that adds to the troubles of the bankrupt crypto lender. This time around, the bankrupt crypto firm is selling one of its core platforms, but at a significant loss, with the proceeds not even going to creditors once again.
2023-7-19 02:00 | |
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Celsius, the bankrupt crypto lender, has started selling its non-Bitcoin and non-Ethereum crypto assets, records on July 17 indicate. According to on-chain data from Lookonchain, Celsius has transferred approximately $23.
2023-7-18 16:30 | |
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The committee of unsecured creditors for Celsius is suing the troubled crypto lender once more, this time over its intentions to sell off its stablecoins.
2022-10-29 18:00 | |
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A former top executive from the bankrupted crypto lender, Celsius, is joining one of the largest mainstream banks. According to his recent update on his LinkedIn profile, Aaron Lovine is joining JPMorgan Chase, a radical turnaround from his previous stint in the crypto space before Celsius went under.
2022-10-21 21:43 | |
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Crypto hosting and mining company Core Scientific (CORZ) has issued fired back at Celsius Mining over allegations it is violating the beleaguered firm's bankruptcy filing.
2022-10-12 14:26 | |
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Due to the long bearish reign, the crypto industry recorded several bankruptcy calamities in some crypto firms, Celsius happened to be one of the failing firms battling bankruptcy hearings. But it seems the Celsius Network would pack up for good this time.
2022-10-6 06:56 | |
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A change in the corporate structure of Celsius made when raising money last year may come under scrutiny as the bankrupt crypto lender tries to sell its assets.
2022-10-7 22:08 | |
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After now-former CEO of Celsius Alex Mashinsky stepped down from his position last week, co-founder of the cornered crypto lender S. Daniel Leon has also resigned. This comes as the company readies to auction off its remaining assets.
2022-10-6 21:26 | |
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"Prime Trust was obligated under the Bankruptcy Code to deliver all property belonging to Celsius [...] including these remaining crypto assets," said Celsius' legal team.
2022-8-24 22:45 | |
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Crypto lending platform Celsius Network had filed for bankruptcy on July 13. A month prior to that the crypto lender had ceased withdrawals along with transfers from accounts. Celsius representatives appeared in court which is in relation to the company’s bankruptcy hearing.
2022-7-20 07:00 | |
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Though caught up in the web of the prevailing crypto bear market, Celsius adversely impacted the situation. The crypto lending platform has been struggling to break loose from the effect of insolvency.
2022-7-12 23:00 | |
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Celsius Network’s troubles are mounting even as the crypto lender navigates a storm that it may have actually rode into knowingly. On Thursday, the crypto lender was hit by a class action lawsuit, filed by a former Celsius insider Jason Stone.
2022-7-8 17:48 | |
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The latest price moves in bitcoin ($BTC) and crypto markets in context, for June 13, 2022.
2022-6-13 16:39 | |
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The crypto lender Nexo has sent an official letter of intent to Celsius, offering to buy some or all of its collateralized loan assets to secure sufficient liquidity for its...
2022-6-13 15:47 | |
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Crypto lending platform Nexo offered to acquire Celsius' assets after the targeted company froze withdrawals and transfers.
2022-6-13 10:53 | |
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The company will also pause its swap and transfer products, according to a blog post. It did not provide a timeline for resuming withdrawals.
2022-6-13 06:28 | |
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A curated weekly summary of forward-focused crypto news that matters. This week, Celsius pauses withdrawals, a bipartisan bill aims to offer structured regulation for crypto in the United States, Ethereum gears up for the transition to proof-of-Stake, and DOGE suffers a double-digit price drop.
2022-6-13 00:50 | |
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The annual Israel Crypto Conference, hosted by the Israel Crypto Community, took place in Tel Aviv on May 23 -25. The three-day conference featured some of the biggest names in the industry—both local and international—including Tezos, INX, SCRT Labs, Celsius, Fireblocks, and Redefine.
2022-6-11 02:00 | |
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Crypto lending and borrowing is the core of world’s finance and a driving force for economies worldwide. It has entered the world of cryptocurrencies as well with a slew of platforms offering cryptocurrency backed loans.
2022-6-10 11:34 | |
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Did Celsius set off the domino effect? Almost a month ago, The Block Crypto reported that Celsius pulled at least $500M from the Anchor protocol before the collapse. Two weeks ago, blockchain analytics firm Nansen identified Celsius among the seven big wallets that allegedly triggered the bank run on Anchor.
2022-6-9 14:18 | |
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The volatility of the crypto market had minimal impact on what’s happening behind the scenes of the crypto industry. The post Celsius is helping users transition from Web 2.0 to Web 3.0 appeared first on CryptoSlate.
2022-5-26 22:00 | |
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This article is the first in a series of how-to guides examining the CeFi lending landscape. Four of the top crypto lending companies, Celsius, Nexo, Crypto.com, and BlockFi, will be...
2022-5-19 19:16 | |
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The SEC requires companies in the United States to file an S-1 registration for shares to be listed on a national exchange, like the Nasdaq or New York Stock Exchange.
2022-5-17 20:15 | |
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Crypto lending platform Celsius Network is planning to IPO its Bitcoin mining subsidiary firm, Celsius Mining LLC. Celsius Plans Mining Subsidiary IPO Celsius appears to be the latest crypto startup...
2022-5-16 18:37 | |
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Lost keys, stolen coins, failing chains – and now regulation – could impact CEL, a Celsius Network disclosure form said.
2022-4-23 20:22 | |
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Lending and borrowing is the core of world’s finance and a driving force for economies worldwide. It has entered the world of cryptocurrencies as well with a slew of platforms offering cryptocurrency backed loans.
2022-4-15 00:39 | |
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The SEC appears to be clamping down on crypto services offering yield-bearing products to United States citizens. The post Celsius stops offering new products to non-accredited investors in US appeared first on CryptoSlate.
2022-4-13 14:05 | |
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Only accredited investors will be able to earn rewards on their coins, said the company.
2022-4-12 19:05 | |
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IMPORTANT WARNINGS Trying to deposit a non-supported token may result in the loss of tokens. Send a small test amount first Beware when choosing the network which you want to use for sending crypto Starting Binance Withdrawals The crypto world has evolved a lot more than just investments these days, thanks to blockchain improvements there […] The post How To Transfer Crypto (BTC, ETH, ADA etc.
2022-3-22 07:27 | |
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Celsius , the leading global cryptocurrency lending and borrowing platform, announced plans to expand its hackathon series after the success of its recent NFT Hackathon event...
2022-3-19 07:45 | |
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Leading crypto asset cold storage company GK8 recently announced support for the Tezos ecosystem, according to a press release. The company, acquired by Celsius back in 2021 for $115 million, will integrate the Proof-of-Stake cryptocurrency XTZ and its standards.
2022-3-11 21:00 | |
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Crypto lending platform Celsius will get exposure to yield from Wintermute and Amber by delegating $30 million of wETH to Maple’s pools
2022-2-26 17:00 | |
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Top crypto lending firms, Gemini Trust Co, Celsius Network, and Voyager Digital Limited, are under investigation by the US Securities and Exchange Commission (SEC). High-interest rates attract regulators attention Sources close to the matter revealed that this isn’t a specific investigation into these companies.
2022-2-2 14:00 | |
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In this week’s Cryptonites interview, co-founder, chairman and CEO of Celsius Network, Alex Mashinsky, shared his Bitcoin price prediction, while explaining why the “hodl and rebalance” approach is the best way to play the volatile crypto market.
2021-12-16 23:00 | |
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One of Bitcoin’s biggest pushes has been for the digital asset to replace fiat currency as the accepted method of payment around the world. It still remains a push among crypto enthusiasts but to a lesser degree.
2021-12-7 20:00 | |
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But said, “No Celsius client and user assets were affected” in the attack on the Badger platform. The post Crypto Lender Celsius Network CEO Confirms Losing Funds in 0.3 Million BadgerDAO Hack first appeared on BitcoinExchangeGuide.
2021-12-4 18:11 | |
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Despite regulatory uncertainty, it is no news that crypto interest has grown manifold this year. In a recent interview with Coin Stories, Celsius CEO Alex Mashinsky discussed Bitcoin and the regulatorThe post Celcius CEO not worried about Bitcoin, Ethereum being deemed securities appeared first on AMBCrypto.
2021-12-4 02:30 | |
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The BadgerDAO attack has reportedly impacted Celsius Network for more than $50 million, sources suggest.
2021-12-3 16:57 | |
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Popular crypto lending firm, Celsius Network, is increasing its Series B funding round to $750 million after its October initial $400 million fund raising was oversubscribed by investors. The post Celsius (CEL) announces massive $750 million funding for its ecosystem appeared first on CryptoSlate.
2021-11-25 17:00 | |
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The crypto lender has now put $500 million into Bitcoin mining operations in North… The post Crypto lending platform Celsius injects another $300M into BTC mining appeared first on Coin Journal.
2021-11-23 19:18 | |
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Lending firm Celsius raised $400 million, Rari Capital exceeded $1 billion in TVL, and North America witnessed surging crypto volume — all included in this week’s Finance Redefined.
2021-10-17 19:30 | |
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Celsius vs. Hodlnaut is an interesting comparison between two internationally headquartered crypto interest products. Both platforms allow cryptocurrency holders to earn a relatively passive yield on their digital assets.
2021-10-13 21:44 | |
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Bloomberg says Tether has invested billions of dollars of its reserves in Chinese commercial paper and loaned $1 billion to crypto lender Celsius Network with Bitcoin as collateral. The post Tether Slams Bloomberg’s Investigative Report as Pre-Packaged with A Pre-Determined Narrative first appeared on BitcoinExchangeGuide.
2021-10-7 18:47 | |
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Celsius, the leading global cryptocurrency earning and borrowing platform, announced today that borrowers in supported locations can now request stablecoin loans against their digital assets...
2021-9-30 06:41 | |
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Lending and borrowing is the core of world’s finance and a driving force for economies worldwide. It has entered the world of cryptocurrencies as well with a slew of platforms offering cryptocurrency backed loans.
2021-9-28 10:50 | |
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Alex Mashinsky, disgraced founder of Celsius, was sentenced to 12 years in prison.
Celsius seeks a $2 billion return from users who withdrew funds within 90 days before its bankruptcy, aiming for fair creditor treatment.
Hut 8 says it will manage mining operations for MiningCo at five sites under a four-year contract. The digital asset miner will oversee 122,000 miners with 12 EH/s of computing capacity and over 300 MW of energy.
Bankrupt crypto lender Celsius has opened withdrawals for eligible custody users starting Nov. 29, according to a statement on its official handle on social media platform X (formerly Twitter). A Nov.
“The return comes from hash rate, not from pixie dust, Ponzi schemes, or rehypothecation,” a Luxor Technology executive stressed.
Key takeaways Celsius is seeking court approval to start repaying customers in the coming weeks. The company will repay its creditors using Bitcoin and Ethereum and stock in the new company.
Roni Cohen-Pavon, Celsius’ former chief revenue officer, has pleaded guilty to four criminal charges and will be free on bail until a Dec. 11 sentencing hearing.