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Examiner Appointed to Celsius Bankruptcy Case, Crypto Lender Files for Access to $23M in Stablecoins
17.9.2022
According to a recently leaked recording stemming from the bankrupt crypto lender Celsius, the business is attempting to revive the company after falling into a financial burden. Following the leak, a Southern District of New York bankruptcy judge appointed a third-party examiner to review...
Amazon and 4 Others to Work on Digital Euro Prototype, White House's 'Comprehensive Crypto Framework', Hong Kong's Scam Warning + More News
16.9.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Amazon and 4 Others to Work on Digital Euro Prototype, White House's 'Comprehensive Crypto Framework', Hong Kong's Scam...
Celsius requests permission to sell off its stablecoins
16.9.2022
The crypto lending firm intends to get the liquidity and support its operations with the funds from the sell-off
Crypto Lending Compmany Celsius Files for Permission to Sell Its Stablecoin Holdings
16.9.2022
Celsius currently owns 11 forms of stablecoins totaling approximately $23 million, according to disclosures
Thailand Bans 'Depository Services', Chinese Court Says Investors Can Trade Crypto, Coinbase-BR Partnership + More News
15.9.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Thailand Bans 'Depository Services', Chinese Court Says Investors Can Trade Crypto, Coinbase-BR Partnership + More News
Best Crypto Buy Trending Today: CEL, RVN, ETC, XTZ, LINK, ZEC, ADA, 1INCH, DOGE, DASH
15.9.2022
Although coin prices have only been recovering slowly, it appears that the market downturn could be nearing an end - especially since the traditional economy is beginning to improve.
Several assets are currently trending upwards and could present excellent buy opportunities. This article will...
Celsius Reflects Bullish Bias; Will CEL Recover Soon?
15.9.2022
Celsius network is a kind of decentralized banking platform that pays interest to users on their saved or deposited cryptocurrencies. All account holders can take loans on the deposited cryptocurrencies. It is considered one of the largest crypto lenders in the world. It is an attractive platform...
Celsius bankruptcy judge gives the nod for independent examiner probe
15.9.2022
Following a motion in August, U.S. Bankruptcy Judge Martin Glenn has signed off on a request to appoint an examiner in the Celsius case
Judge Approves Independent Examiner in Crypto Lender Celsius' Bankruptcy Case
14.9.2022
The examiner will be appointed by the U.S. Trustee's office, a Department of Justice entity tasked with monitoring bankruptcies
Want to keep exchanges like Celsius from seizing your money? Be a 'custody client'
14.9.2022
Are your coins at risk of being seized by an exchange in the future? Here are some factors to consider related to using centralized exchanges
Celsius Price Pumps 17% After Plan Emerges to Refocus Business
14.9.2022
The price of CEL, a token issued by the troubled crypto lender Celsius Network, pumped around 17% in the market today, as news broke that the company is exploring new business areas to stay alive.
At its highest, CEL reached $2.135 after punching through a key resistance level at around $2.04....
Alex Mashinsky Wants To Resurrect Failed Crypto Lender Celsius As A Custodian
14.9.2022
The downturn triggered by the bankrupt major crypto lender Celsius (CEL) continues to roll over numerous crypto businesses worldwide, but Alex Mashinsky, the firm's CEO, reportedly aims to revive the business as a custodian....
Read More: Alex Mashinsky Wants To Resurrect Failed Crypto Lender...
Celsius CEO plans to restructure firm to focus on crypto custody: Report
13.9.2022
Alex Mashinsky reportedly made the announcement at a Sept. 8 meeting, at which Celsius discussed possible scenarios for its future after filing for bankruptcy in July
FTC Moves to Join Crypto Lender Celsius’ Bankruptcy Case
13.9.2022
The Federal Trade Commission wants to get involved with failed crypto lender Celsius’ bankruptcy case
Celsius CEO Mulls Crypto Custody Pivot After Lending Business Imploded: Report
13.9.2022
Celsius CEO Alex Mashinsky recently proposed revamping the failed crypto lending business as a digital asset custody firm, according to a New York Times report
'Go to jail:' Community roasts Celsius-themed Monopoly board game
9.9.2022
The Celsiusopoly board game is priced at $99, with the U.S.-based e-commerce company offering free shipping to U.S. residents
Celsius, Creditors Agree to Independent Government Probe, Call for Narrowed Scope
9.9.2022
The Official Committee of Unsecured Creditors joined other Celsius borrowers in opposing the U.S. Trustee's motion to appoint an independent examiner, though they did not oppose the appointment of any third party investigator to dig into the embattled crypto lender's financials
Bitcoin Interest-Bearing Accounts Were Conceived Over Ten Years Ago, but the Idea Took 8 Years to Catch On
8.9.2022
While decentralized finance (defi) has created a plethora of protocols that make it so crypto assets can gather a yield, ten and a half years ago a bitcoin exchange called Bitcoinica introduced the first interest accruing system for bitcoin deposits. Despite being the first to test the waters...
Celsius Crypto Borrowers Call for Bankruptcy Trustee, Oppose US DOJ Move to Appoint Examiner
8.9.2022
A bankruptcy court should appoint an independent examiner to investigate crypto lender Celsius’ financials, but not one working for the U.S. Trustee’s office, a group of Celsius borrowers said
Vermont's financial regulator alleges Celsius and its CEO made 'false and misleading claims'
7.9.2022
According to the regulator, Celsius “lacked sufficient assets to repay its obligations” despite suggesting it had enough funds in its reserves to mitigate the risk of insolvency