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Why Celsius and Voyager Were More Like Uninsured, Quasi-Banks
14.8.2022
William D. O'Connell, PhD Candidate, Political Science, the University of Toronto.______
There is a well-known saying shared by both crypto experts and skeptics: “Not your keys, not your coins.” The phrase, popularized by Bitcoin entrepreneur Andreas Antonopoulos, refers to how the contents of...
Celsius Network is bankrupt, so why is CEL price up 4,000% in two months?
13.8.2022
Takeover rumors and an ongoing short squeeze help CEL price rally but is there enough momentum for more upside?
Crypto markets bounced and sentiment improved, but retail has yet to FOMO
12.8.2022
The total crypto market capitalization is rising toward $1.25 trillion, but an assortment of metrics show retail and institutions are not ready to “ape.”
Creditors Want to Pour Cold Water on Celsius’ Mined Bitcoin Sale Plans
12.8.2022
Celsius creditors want to block the bankrupt crypto lender from selling mined bitcoin (BTC) reserves – and have labeled the firm’s CEO previous attempts to reassure them as “empty and false.”
The company is filing for bankruptcy in New York, where the case is now being heard. But in a letter...
BlackRock Doubles Down on Bitcoin, UNCTD vs. Crypto, DoJ Not Happy With Celsius + More News
11.8.2022
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: BlackRock Doubles Down on Bitcoin, UNCTD vs. Crypto, DoJ Not Happy With Celsius + More News
Ripple Labs Is ‘Interested’ in Bankrupt Crypto Lender Celsius and Its Assets, Company Spokesperson Says
11.8.2022
According to a Ripple Labs spokesperson, the distributed ledger company is interested in learning about the bankrupt crypto lender Celsius and its assets. When Ripple’s spokesperson was asked if the blockchain firm was interested in acquiring Celsius, the company declined to say. The news...
Ripple Labs Weighs Buying Crypto Lender Celsius’ Assets: Report
10.8.2022
Key XRP backer Ripple Labs says it is interested in purchasing the assets of bankrupt crypto lender Celsius Network
Ripple Reportedly Eyes Celsius' Assets, New Crypto Rule from SEC, Risky Metaverse + More News
10.8.2022
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: Ripple Reportedly Eyes Celsius' Assets, New Crypto Rule from SEC, Risky Metaverse + More News
Celsius community rally to perform another short squeeze attempt
10.8.2022
One Twitter user claimed that they are at “war” with the shorts while encouraging others to post more content about the short squeeze
California regulator orders Celsius to stop selling securities in the state
10.8.2022
The Department of Financial Protection and Innovation previously ordered BlockFi and Voyager to stop their offerings in the state
German crypto bank Nuri with 500K users files for insolvency
10.8.2022
Nuri stated that it has been facing a “lasting strain” on its business liquidity in 2022 due to “significant macroeconomic headwinds and the cooling down of public and private capital markets.”
Canadian Regulators Probing Crypto Lender Celsius Network Alongside US: Report
9.8.2022
Canada's provincial securities regulators are investigating how Celsius' implosion is impacting investors in North America
Bankrupt Lender Celsius’ Token Surges on Twitter-Driven Short Squeeze
8.8.2022
The CEL token has gained about 300% since Celsius filed for bankruptcy last month
How to Spot the Next Celsius Before It’s Too Late
7.8.2022
It’s every crypto investor’s worst nightmare, depositing money with a platform that later goes bust, making it all but impossible to recover funds. It’s also bad enough investing in the native token of any such platform, the collapse of which will send that token plummeting to Earth like a lead...
Bankrupt Crypto Firm Voyager Digital Approved to Release $270 Million in Cash Deposits
5.8.2022
The now defunct and bankrupt Voyager Digital has been approved by the court to distribute $270 million in funds to creditors and affected customers. The news follows the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board ordering Voyager to remove any statements that allege...
NY Attorney General’s Office Asks Crypto Whistleblowers to Provide It with Tip-offs
2.8.2022
In the US, New York’s Attorney General says she wants Big Apple-based crypto industry workers and investors to come forward with complaints about unscrupulous crypto firms....
Read More: NY Attorney General’s Office Asks Crypto Whistleblowers to Provide It with Tip-offs
Celsius Custody Clients Band Together, Tap Lawyer to Reclaim $180M
1.8.2022
Custody account holders, who represent 4% of the assets locked up at the bankrupt crypto lender, hired Kyle J. Ortiz of Togut, Segal & Segal
Phishing risks escalate as Celsius confirms client emails leaked
29.7.2022
It is not the first time Celsius' customer emails have been exploited and leaked online
Celsius Clients Beg Bankruptcy Court to Release Crypto, One Customer Needs Funds to ‘Put Food on the Table’
28.7.2022
After the crypto lender Celsius filed for bankruptcy protection on July 13, the company recently contacted customers and explained that an employee from one of the firm’s vendors accessed a list of Celsius client emails, and the email addresses were “transferred to a third...
Celsius and BitConnect: Not So Different?
27.7.2022
Celsius may not have been as blatantly criminal as the infamous BitConnect pyramid scheme. But the parallels should have drawn more regulatory scrutiny