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Fahrenheit wins bid to acquire Celsius assets after insolvency


Fahrenheit recently won the bidding process to acquire Celsius Network’s assets after insolvency. According to the court filings, Fahrenheit has gained access to 2 billion dollars worth of Celsius Network assets. The filings also mention that the group will gain Celsius’ loan portfolio mining unit...

Fahrenheit Chosen As Winning Bid in Celsius Bankruptcy


Bankrupt crypto lender Celsius Network LLC has chosen Fahrenheit as its winning bid, which will provide the capital and team to operate a new company. Fahrenheit, which consists of a group of crypto firms, was selected as the winning bid on Thursday morning, according to a press release.  The...

Bankrupt Crypto Firm Celsius May Receive Second Chance from Wall Street


The now-bankrupt crypto lender Celsius Network may get a second chance with the help of Wall Street investment giants. According to a Wall Street Journal article from Thursday, two groups of investment heavyweights are currently engaged in a bidding war for what remains of Celsius, close to a year...

Blockchain in space


To help remediate these issues, blockchain can serve as one of the potential technology solutions

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