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Nalezeno "restructuring": 153

CEL Crashes as Celsius Enters New Chapter of Its Saga and It's Restructuring


After reportedly returning all of its debt to DeFi lending protocols, troubled crypto lender Celsius (CEL) said it has initiated voluntary Chapter 11 proceedings in the US in an attempt to stabilize its business. CEL dropped following the announcement. At 03:03 UTC, CEL trades at USD 0.538 and...

Crypto Lender Nexo Moves Forward With Plan to Acquire Troubled Rival Vauld


Leading cryptocurrency lender Nexo has offered to buy distressed competitor Vauld, which halted operations in the face of financial difficulties. The proposal comes after the Singapore-based company said it was exploring restructuring options. Nexo Secures Exclusive Agreement to Explore...

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