celsius network

celsius network

19 May 2023

Bankrupt Celsius Network Channels $75 Million-What’s going on?

According to data that was found on the blockchain, the defunct cryptocurrency lending platform Celsius Network used the staking service Figment to stake about $75 million worth of ETH. One of th

celsius network

15 Mar 2023

Nexo vs Celsius: Which Cryptocurrency Lending Platform is Right for You?

Cryptocurrency lending platforms have become increasingly popular in recent years as more people seek to earn passive income on their crypto holdings. Nexo and Celsius are two of the most popular pl

celsius network

16 Sep 2022

Celsius Network Wants to Sell Entire Stablecoin Holdings

In the latest phase of Celsius Network's protracted liquidity problem, which first became public when the lender blocked client withdrawals in June, the insolvent crypto lender has requested permiss

celsius network

14 Sep 2022

This is Celsius’s Plan To Reconstruct the Company

Tuesday's New York Times article revealed that Alex Mashinsky, CEO of crypto lender Celsius Network, has presented strategies to assist the firm rebound from its bankruptcy. In July, Celsius file

celsius network

23 Aug 2022

KeyFi is being sued by Celsius for financial incompetence

Tuesday, the troubled cryptocurrency loan platform Celsius filed a countersuit against Jason Stone and his firm KeyFi in the United States Bankruptcy Court. In the complaint, Celsius asserts that St

celsius network

13 Aug 2022

Celsius Users Fight For The Return of Their Funds

After Celsius's bankruptcy filing a month ago, the crypto industry was in pandemonium as prices plummeted. Recently, Celsius users have joined together to fight for the recovery of their monies.&nbs

celsius network

10 Aug 2022

Ripple To Buy Celsius Network’s Assets

The business behind the cryptocurrency XRP, Ripple Labs, is a possible acquirer of Celsius network's assets. According to a report by Reuters, the blockchain payments startup is interested in Celsiu

celsius network

18 Jul 2022

Celsius Reveals Restructuring Plan

Exactly one month after suspending withdrawals and transfers from accounts, Celsius Network filed for bankruptcy. Judge Martin Glenn of the U.S. Bankruptcy Court for the Southern District of New Yor

celsius network

18 Jul 2022

Celsius Network users are facing extended repayment waits

According to a recent report, Celsius customers may have to wait a long time to get their frozen assets on the struggling crypto lending site. Remember that earlier this week, the company filed f

celsius network

15 Jul 2022

Crypto businesses owe investors and creditors $50B

A number of companies that are active in the crypto business, including Celsius Network, Terra, Voyager Capital, and Three Arrows Capital, have experienced a decline in their prospects over the cour

celsius network

14 Jul 2022

Celsius Files For Bankruptcy

Celsius Network, the embattled crypto lender, filed for Chapter 11 bankruptcy on Wednesday, July 13, after making numerous attempts to pay back its loans. After hearing the news, Celsius Networks' n

celsius network

26 Jun 2022

Goldman Sachs wants $2 billion to buy Celsius Assets

Celsius Network, a crypto-lending startup, looks to be on its way out, and Wall Street behemoth Goldman Sachs is apparently planning to buy it out. Despite Celsius' financial difficulties, Goldma

celsius network

15 Jun 2022

Restructuring attorneys hired by Celsius to relieve financial difficulties

Sources tell the Wall Street Journal that Celsius has recruited a legal team to help it restructure its firm after running into financial difficulties. Akin Gump Strauss Hauer & Feld LLP has

celsius network

14 Jun 2022

Celsius Network Suspends Services

Following a notice that the network has suspended withdrawals, swaps, and transfers between clients, users of the crypto lending site Celsius are left biting their nails. So that "Celsius can better

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