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Prestamista Celsius recorta 150 puestos de trabajo en medio de reestructuración
5.7.2022
Los retiros de dinero están todavía pausados y la compañía ha contratado expertos en reestructuración mientras atraviesa una crisis financiera
Crypto Chaos Continues as Loans Firm Cuts Withdrawal Limit, 3AC Moves Funds, & Celsius Apparently Pays Maker
5.7.2022
Crypto turmoil continues to deepen in the bear market, with more Celsius-related developments, another crypto loans firm introducing restrictions, and more activity from Three Arrows Capital (3AC) – which appears to have moved some of its funds.
Celsius, which operates the celsius (CEL) token...
Celsius pays down 143M in DAI loans since July 1
4.7.2022
The crypto lender’s liquidation price on its Bitcoin loan has dropped to less than $5,000, according to DeFi industry data
Crypto Lender Vauld Suspends Withdrawals, Company Is Discussing ‘Restructuring Options’ With Advisors
4.7.2022
On July 4, the crypto lending company Vauld announced it suspended withdrawals, trading, and deposits after disclosing the firm is “facing challenges.” While not naming any specific companies, the Singapore-based cryptocurrency lending platform and exchange mentioned “financial...
Fresh Blow for Celsius with 150 Staff Reportedly Fired, But CEL Up 19%
4.7.2022
Another crypto lender has apparently hit the rocks, with reports claiming that the already troubled Celsius Network (CEL) has axed 150 employees.
Per the Israeli media outlet Calcalist, Celsius has previously “hired restructuring consultants and lawyers to make organizational changes to...
Crypto Lender Celsius Cuts 150 Jobs Amid Restructuring: Report
4.7.2022
Withdrawals are still paused and the company has hired restructuring experts as it faces a financial crisis
Blockfi CEO Says FTX Has an ‘Option to Acquire’ Crypto Lender at a Price of up to $240M
3.7.2022
According to Blockfi’s co-founder Zac Prince, the company has signed definitive agreements with the crypto firm FTX and the deal is currently up to shareholder approval. The deal represents a total of $680 million, but Prince also noted that $240 million of that total could be used...
DeFi Suffers from Too Much Centralization, What Can Be Done?
3.7.2022
"If any part of their business model incorporates centralization then it is centralized no matter what other decentralized features it deploys."
"It is vital that people understand how the assets they are pledging to a centralized entity are being used."
'"If users demand more decentralization...
TSX-Listed Voyager Digital ‘Temporarily’ Suspends Trading, Deposits, and Withdrawals
1.7.2022
After the TSX-listed Voyager Digital revealed that it was owed $655 million from Three Arrows Capital (3AC), the company secured a $500 million credit line from Alameda Ventures in order to “safeguard customer assets.” Five days later on July 1, Voyager announced the crypto company...
Celsius' Options, Tether's Commercial Paper, Blockchain.com vs. Three Arrows + More News
1.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Celsius' Options, Tether's Commercial Paper, Blockchain.com vs. Three Arrows + More News
Coin Race: Top Winners/Losers of June, Q2, and H1; Bitcoin Sees Worst Month Ever
1.7.2022
July is here, and both June and the first half of 2022 – which admittedly have been pretty miserable for the crypto market – are now finally behind us.
As usual, we take a look at how the most popular coins in the market have performed for the past month, quarter, and half-year....
Read More: Coin...
Celsius Shareholder BnkToTheFuture Proposes Bitcoin Investments, Restructuring in Rescue Bid
1.7.2022
Community investing protocol BnkToTheFuture put forth three proposals in a bid to save Celsius from going under
BnkToTheFuture unveils 3 proposals to rescue Celsius from oblivion
1.7.2022
BnkToTheFuture's three proposals include two different ways to restructure and relaunch the firm, or an option to co-invest in the firm with a bunch of Bitcoin whales
Crypto Lender Celsius Network Exploring Options to ‘Preserve and Protect’ Assets
1.7.2022
Celsius Network is consulting with experts to try to reduce the fallout from its mid-June swoon
FTX Passed on Deal to Purchase Celsius Due to Deficient Balance Sheet: Report
30.6.2022
Cryptocurrency exchange FTX passed on a deal to purchase beleaguered crypto lender Celsius after examining the sorry state of its finances
Contagion: Genesis faces huge losses, BlockFi's $1B loan, Celsius's risky model
30.6.2022
A leaked investor call from Morgan Creek Digital suggests BlockFi liquidated 3AC for $1 billion, while Celsius reportedly maintained a highly risky assets-to-equity ratio last year that may have caused its recent liquidity woes
FTX CEO Sam Bankman-Fried Warns More Crypto Company Insolvencies Are Coming
29.6.2022
In a recent interview, Sam Bankman-Fried, the founder of the popular exchange FTX, warned that some crypto exchanges are “secretly insolvent” and may soon fail. Bankman-Fried’s FTX and Alameda Research have already helped Blockfi and Voyager Digital as the 30-year-old...
Celsius’ Positions are Now Healthier, Three Arrows Capital Was a 'Victim of Contagion' - Nansen
29.6.2022
Troubled crypto lender Celsius (CEL) has managed to improve the health ratio of its on-chain positions since pausing withdrawals, according to blockchain analytics platform Nansen. Meanwhile, they said, the crypto hedge fund Three Arrows Capital (3AC) was the victim of the contagion....
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Twitter User Accuses Nexo of Embezzlement Through Charity, Crypto Lender Denies Allegations
28.6.2022
A Twitter account has accused the Bulgarian co-founders of the Swiss-based cryptocurrency lender Nexo of misappropriating funds from a charity platform. The company has rejected the allegations in the anonymous attack, which comes after Nexo offered a buyout deal to troubled rival Celsius....
Celsius Stories Littered With ‘People Familiar With the Matter’ Sources, Report Claims Lender Struggles With Arguments Over Bankruptcy
28.6.2022
The embattled crypto lending platform Celsius has kept withdrawals and transfers frozen since June 12 and told the Celsius Network community that the “process will take time.” Since then, Celsius users are wondering why they are still receiving weekly rewards, and reportedly...