2023-1-26 15:17 |
One order authorizes Celsius to return funds transferred to the platform after the company filed for bankruptcy last July, subject to certain conditions. origin »
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Bankrupt crypto lender Celsius Network has revealed that the company planning on switching to a Bitcoin mining-only company, following its bankruptcy court’s confirmation of the plan. Celsius Transition To Mining NewCo Celsius Network‘s transition into a mining company coincides with its bankruptcy proceedings.
2023-11-21 21:00 | |
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Celsius is planning to come back after its collapse in mid-July last year. Part of the recovery processes will entail the company complying with SEC regulations in the US and going public, offering tokenized shares that pay dividends. Celsius in…
2023-1-25 10:32 | |
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It was suggested that the token could be part of a reorganization that would turn Celsius into a publicly traded, U.S.-regulated company.
2023-1-25 00:30 | |
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VC company Fabric Ventures has committed to investing $8 million, but bankrupt cryptocurrency lender Celsius is demanding to withdraw more than $6 million of that amount.
2023-1-19 00:12 | |
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The biggest news in the cryptoverse for January 13 saw Celsius’ former CEO face a NYAG lawsuit as the company announced plans to sell off its mining rigs. The post CryptoSlate Wrapped Daily: Ex-Celsius CEO sued by NYAG; Polygon proposes hard fork appeared first on CryptoSlate.
2023-1-14 01:21 | |
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New York attorney General Letitia James filed a lawsuit against Alex Mashinsky, the co-founder and former CEO of Celsius Network LLC James said that Mashinsky violated the Martin Act and New York’s Executive and General Business Laws by allegedly defrauding investors into depositing billions of dollars into digital asset within the cryptocurrency lending company.
2023-1-13 18:44 | |
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New York’s attorney general has sued Alex Mashinsky, the former CEO of Celsius Network, for defrauding hundreds of thousands of investors by making false statements about the condition of the company to encourage money to keep coming in.
2023-1-6 18:36 | |
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A federal judge ruled that customers of Celsius's interest-bearing "Earn" product had turned over control of their assets to the bankrupt crypto lender, meaning they are now part of the company's bankruptcy estate.
2023-1-5 09:51 | |
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Galaxy Digital, Mike Novogratz’s cryptocurrency firm, has agreed to buy Israeli cybersecurity company GK8 for $44 million
2022-12-8 22:56 | |
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Bankrupt crypto exchange Celcius sees a new deadline for submitting its restructuring plan. The court ordered the company to present it by February 15. On Monday, Celsius announced the new development in a Twitter thread.
2022-12-7 18:59 | |
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The cryptocurrency-focused financial services firm won an auction to buy the company from crypto lender Celsius, which filed for Chapter 11 bankruptcy protection. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.
2022-12-6 01:59 | |
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Coinspeaker Galaxy Digital to Acquire Israeli Custody Firm GK8 from Celsius Network Amongst other things, GK8 will help solidify GalaxyOne, the bigger company’s trading platform. Galaxy Digital to Acquire Israeli Custody Firm GK8 from Celsius Network
2022-12-5 14:41 | |
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Galaxy Digital bought GK8 from bankrupt Celsuis Network Galaxy to expand its company in Tel Aviv after acquisition In a relief to Celsius creditors, New York-based crypto investment firm GalThe post Celsius Network finds some respite after Galaxy Digital acquires GK8 appeared first on AMBCrypto.
2022-12-3 13:30 | |
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The cryptocurrency-focused financial services firm won an auction to buy the company from crypto lender Celsius, which filed for Chapter 11 bankruptcy protection. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.
2022-12-3 00:51 | |
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The situation surrounding the Celsius bankruptcy continues as U.S. regulators set a deadline for those affected by the situation to file a proof claim against the company.
2022-11-22 13:32 | |
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A new report by the examiner of the bankrupt crypto lender, Celsius Network, details shortfalls in controls and operations at two of the company’s product offerings related to digital assets it held in custody for customers, raising issues of whether…
2022-11-21 00:04 | |
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According to a recent report, crypto lending company (Celsius) might have relief as the USDC court series motions were rejected, more than $53 million were found from insider conducted withdrawals, and the Ethereum APR rates increased, due to which Celsius…
2022-10-27 23:00 | |
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JPMorgan (NYSE: JPM) has hired Aaron Iovine, a former regulatory affairs executive at bankrupt crypto lender Celsius (CEL/USD), only a few weeks after he left the embattled crypto company. Reuters reported the development, citing the new JPMorgan Chase $ Co employee’s LinkedIn profile.
2022-10-21 16:26 | |
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Twitter critics accused Maren Altman, who has more than 1.8 million social media followers, of not being forthcoming about her deal with the now bankrupt crypto lender, but the influencer says her marketing sponsorship role was no different than doing fashion ads for the company.
2022-10-14 01:31 | |
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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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Celsius bosses withdrew $30 million worth of Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies before the company imploded
2022-10-7 22:05 | |
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Ex-CEO Alex Mashinsky, ex-CSO Daniel Leon and CTO Nuke Goldstein pulled bitcoin, ether, USDC and CEL holdings from their custody accounts in May, before the company suspended all customer withdrawals.
2022-10-7 09:49 | |
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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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To everyone’s surprise, the Celsius Network is still operating after the drama surrounding its bankruptcy in July. Alex Mashinky, the company’s CEO, quit on September 27 despite the announcement of a revival.
2022-10-5 09:42 | |
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Celsius executive S. Daniel Leon has resigned as the bankrupt company prepares to auction off its assets. Strategy Chief Leaves Celsius Another Celsius executive is leaving the company. According to...
2022-10-5 00:01 | |
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Crypto lender Celsius's co-founder and CSO S. Daniel Leon resigned Tuesday, becoming the second company executive to depart in recent weeks.
2022-10-5 22:44 | |
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Celsius Network [CEL], the New Jersey-based bankrupt cryptocurrency lending company, managed to set the date for auctioning its assets. As per the document filed with the US Bankruptcy Court for the SThe post Decoding the significance of 17 October for the bankrupt Celsius Network appeared first on AMBCrypto.
2022-10-4 15:30 | |
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The wrecked Celsius Network is attempting to make moves that will appease many investors who are dissatisfied with the company’s operations. However, it appears that this transition will be difficult.
2022-10-4 07:00 | |
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Former Celsius Network CEO Alex Mashinsky reportedly removed millions of dollars from the company before blocking users from withdrawing funds and subsequently filing for Chapter 11 bankruptcy in July.
2022-10-4 19:47 | |
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According to the Financial Times, Alex Mashinsky, who resigned as CEO of Celsius on September 27, withdrew US$10 million from the crypto exchange weeks before it declared bankruptcy and froze withdrawals in June.
2022-10-3 17:00 | |
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The FTX founder said the company paid the “fair market price” for Voyager’s assets and would look to do the same in a deal for Celsius' assets.
2022-10-3 08:07 | |
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The objection is seeking a deferral on Celsius motions until the independent examiner report on the company is filed over the next couple of months.
2022-10-3 05:37 | |
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Mashinsky resigned as CEO last Tuesday; the company filed for chapter 11 bankruptcy protection in mid July.
2022-10-4 02:21 | |
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Crypto loans-based bankrupt company Celsius filed for account holder loan obligation on Friday. In a statement, the company said it is not looking for commitments on loan repayment for its outstanding debts during its chapter 11 proceedings. Celsius Decides Not…
2022-10-2 20:45 | |
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Celsius Network is a cryptocurrency lending firm headquartered in New Jersey. Though it maintained its offices in four countries, the company’s operation was global. Celsius allowed users to deposit different crypto assets while offering a percentage yield as a reward.
2022-9-28 18:51 | |
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Alex Mashinsky, the CEO of Celsius Network, has resigned as the company's bankruptcy woes continue.
2022-9-28 04:00 | |
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Celsius Network has seen months of turmoil as the company halted operations, was hit with lawsuits and filed for bankruptcy in the United States. Now, its CEO and founder Alex Mashinsky submitted his letter of resignation, according to a press release.
2022-9-27 18:53 | |
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CEO of embattled crypto lender Celsius Alex Mashinsky has resigned as the company’s CEO as it faces Chapter 11 bankruptcy in New York. The post Celsius Network’s CEL Price Tanks 10% After CEO Alex Mashinsky Steps Down appeared first on BeInCrypto.
2022-9-28 18:11 | |
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Preferred equity holders believe that Celsius Network's retail customers have no claim on any of the assets belonging to the company's non-customer-facing entities.
2022-9-24 12:23 | |
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A new recording has emerged of Celsius Network Co-founder Nuke Goldstein discussing the plan to use "crypto-based solutions" to repay its Earn customers and revive the company's fortunes.
2022-9-23 13:30 | |
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Bankrupt crypto lending company Celsius has requested the court for authorization to sell its stablecoin holdings. The sale of the stablecoins will generate liquidity to finance the crypto lender’s daily operations but won’t be used to repay creditors.
2022-9-17 00:12 | |
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Celsius currently owns 11 forms of stablecoins totaling approximately $23 million, according to disclosures.
2022-9-16 08:20 | |
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Celsius [CEL] has been in the news and it has a new update with regards to its hearings. Judges on the company's bankruptcy lawsuit have allowed for an independent examiner to investigate the case.
2022-9-16 05:30 | |
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Alex Mashinsky, CEO of bankrupt crypto lender Celsius, has outlined a plan to pivot his company’s operations from lending services to custody services. The pitch was reportedly made during an iThe post Celsius’s CEO plotting a pivot to custody services- Details inside appeared first on AMBCrypto.
2022-9-14 23:00 | |
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Celsius: Under the new plan, the lender would pivot to storing customers’ crypto in a special wallet and levying charges for transactions. The post Celsius CEO Floats Daring Plan to Resurrect the Floundering Company appeared first on BeInCrypto.
2022-9-14 01:04 | |
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Celsius executives believe the company can undertake a redemption arc by rebranding to a custodial services provider. Mashinskys Grand Idea Celsius is plotting a comeback that nobody asked for. According...
2022-9-14 23:40 | |
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Celsius executives believe the company can undertake a redemption arc by rebranding to a custodial services provider. Mashinskys Grand Idea Celsius is plotting a comeback that nobody asked for. According...
2022-9-14 23:40 | |
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Troubled crypto lending firm Celsius seems engrossed in fixing its long-standing challenges after being declared insolvent. Yesterday (1 September), the company filed a motion to the bankruptcy court The post CEL's >30% spike aims to calm chaos but is a $50M appeal the antidote appeared first on AMBCrypto.
2022-9-3 22:30 | |
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Celsius Network price rebounded on Friday after the latest news on the company’s bankruptcy… The post Celsius Network price prediction: Here’s why CEL is soaring appeared first on CoinJournal.
2022-9-3 16:34 | |
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SpaceX acquires xAI as Musk pitches orbital AI data centers while reports flag mid June IPO talks targeting a $1.5 trillion valuation. The post SpaceX acquires xAI as Musk pitches orbital data centers ahead of $1 trillion IPO appeared first on Crypto Briefing.
Dakota's platform could revolutionize global fintech by simplifying compliance and enabling seamless integration of stablecoins in financial services. The post Ex-Coinbase, Airbnb execs launch programmable stablecoin platform for fintechs, enterprises appeared first on Crypto Briefing.
Coinbase tests USDF stablecoin on exchange backend, an early step in its broader digital dollar strategy amid growing stablecoin adoption. The post Coinbase begins backend testing of new USDF stablecoin appeared first on Crypto Briefing.
Grayscale Bitcoin ETF debuts on Morgan Stanley E*TRADE, enhancing access for advisors and clients, signaling Bitcoin adoption growth. The post Grayscale Bitcoin Mini Trust ETF becomes available on Morgan Stanley E*TRADE platform appeared first on Crypto Briefing.
This partnership signifies a shift in retirement planning, integrating cryptocurrency exposure into traditional financial products, potentially broadening market appeal. The post BlackRock partners with Delaware Life to bring Bitcoin into fixed index annuities appeared first on Crypto Briefing.
Anchorage Digital's fundraising and potential IPO could significantly impact the competitive landscape of crypto financial services. The post Anchorage Digital looks to raise up to $400M ahead of potential 2027 IPO appeared first on Crypto Briefing.
Interactive Brokers now accepts USDC for 24/7 funding via Ethereum, Solana, and Base, with RLUSD and PYUSD coming next week. The post Interactive Brokers adds USDC funding, with Ripple and PayPal stablecoin support next week appeared first on Crypto Briefing.