Tag: Celsius
Crypto fear index reaches Celsius, Terra, 3AC collapse levels
A key Bitcoin and crypto sentiment tracker, the Crypto Fear & Greed Index, has fallen to its lowest score in more than two years as Bitcoin plumme [...]
Crypto Lender Celsius’ Bankruptcy Plan Administrator Distributes More Than $2.5B
"Approximately 64,000 of these remaining creditors have a distribution of less than $100, and approximately 41,000 more have a distribution of between [...]
USDT Issuer Tether to Fight Celsius’ $3.3 Billion ‘Shakedown’ Litigation
The case concerns a loan agreement between Celsius and Tether that allowed Celsius to borrow stablecoins "to operate certain critical aspects of its b [...]
Bitcoin (BTC) Miner With Celsius Assets Delays IPO Plan After Losing CEO and Auditor
"RSM's decision was not a result of any disagreements with the Company on accounting principles, practices, financial statement disclosure, or auditin [...]
Dakota Looks to Provide Bank-Like Services on DeFi to Crypto Depositors
The model differs from earlier, centralized crypto lenders such as Celsius Network, which filed for bankruptcy in July 2022, and BlockFi, which follow [...]
Crypto Lender Ledn Reports Record $690M Loans in First Quarter as Lending Market Snaps Back
The crypto lending sector imploded in 2022 alongside dwindling asset prices, spurring lenders including Celsius, BlockFi and Genesis to file for bankr [...]
How Investors Should Handle Celsius in Their Tax Returns This Year
The tax implications of Celsius, which finalized its bankruptcy in January, are complex. Creditors are categorized into specific groups, each with dif [...]
Sam Bankman-Fried Replaces Lawyers Ahead of Sentencing
Sam Bankman-Fried replaced his former lawyers, Mark Cohen and Christian Everdale, as he’s headed into sentencing negotiations.
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Celsius’ Bitcoin (BTC) Mining Assets to Restart Under Ionic as the New Unit Prepares to Go Public
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Celsius to Distribute $3B Crypto to Creditors as Firm Emerges From Bankruptcy
“When we were appointed in June 2022, everyone assumed Celsius would disappear completely like the other crypto lenders that were filing bankruptcy ar [...]
Ethereum Validators Forced to Wait Days to Unstake Amid Celsius Withdraws
The exit queue for Ethereum validators spiked to over 16,000 on Friday, while it was just at 26 the previous day, according to blockchain data from va [...]
Ether Price May Rise After Defunct Crypto Lender Celsius Says It Will Unstake Its ETH Holdings
"Celsius will unstake existing ETH holdings, which have provided valuable staking rewards income to the estate, to offset certain costs incurred throu [...]
Celsius faces hurdle as judge hints at new vote for Bitcoin mining shift
Celsius Network, a cryptocurrency lending platform, might need to secure a fresh vote from creditors for its planned shift to a Bitcoin mining venture [...]
Celsius grants access to withdrawals for eligible crypto holders
Bankrupt cryptocurrency lending platform Celsius has started withdrawals for select users in a crucial development for the company and its clients ami [...]
Celsius grants access to withdrawals for eligible crypto holders
Celsius, the cryptocurrency lending platform that declared bankruptcy in July 2022, has initiated withdrawals for select users. This development signi [...]