Celsius (CEL)
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Canada Tightens Requirements for Crypto Trading and Prohibits Stablecoins
The country’s watchdog issued tighter requirements that crypto asset trading platforms (CTPs) must fulfill when seeking registration in the country.…
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Court Reports Indicate Celsius’s Risky Business Operations
In its most recent bankruptcy filing, Celsius, a digital lending platform, was depicted as an enterprise in chaos in a…
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Web3-based Wallet Bitski Launching Mobile-Compatible Version and Browser Extension
Web3-based Bitski revamped its offering by introducing a mobile-compatible version to onboard more individuals. Bitski’s recent statement revealed plans to…
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US Senators Criticize SEC Over Hostile Approach To Crypto Industry
An excerpt shared by Twitter user @801_XRP from a recent meeting by the US Senate Banking Committee on its hearing…
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Celsius Enters an Acquisition Deal With NovaWulf
On Wednesday, bankrupt crypto lending firm Celsius revealed that it had selected digital asset investment company Novawulf to help end…
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Celsius Seeks to Raise Over $14M by Selling BTC Mining Credits and Coupons
Celsius, a crypto lender recently declared bankrupt, is looking to raise funds to repay its creditors by selling credits and…
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Crypto Lending Firm SALT Nets $64.4M to Resume Business Operations
SALT announced reopening business operations following their suspension after the calamitous FTX collapse in November 2022. The firm announced raising…
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Bitcoin Mining Reaches $24M Revenue As Analysts Project Stabilization For The Industry In 2023
Bitcoin mining has been a volatile industry for the past few years, with many miners needing help to keep up…
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Celsius Accused Of Using New Customers Funds To Settle Past Withdrawals
Digital asset platform Celsius is facing allegations of using new customer funds to pay for previous withdrawals. An independent examiner’s…
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Celsius To Retrieve And Store 20,000 Mining Rigs From Bankrupt Core Scientific
Court has approved the bankrupt Celsius network to retrieve its mining rigs from the Core Scientific hosting platform. It would…
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Celsius Announces Plan to Issue a New Token to Reimburse Creditors
Insolvent crypto lending platform Celeius, announced today that it will be repaying its creditors by issuing a new token. The…
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Bankrupt Bitcoin Miner BlockFi Selling $160M Mining Rigs
The now-bankrupt crypto lender BlockFi has announced the sale of 68000 collateralized Bitcoin mining machines worth $160M. The bidding process…
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Crypto Chaos: Industry Faces Turmoil as Firms Collapse and Losses Mount
The crypto industry is facing several challenges, including the loss of customer trust, lack of proper oversight and regulation, and…
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Celsius Network Founder Sued for Defrauding Investors
Alex Mashinsky, the founder of Celsius Network, faces allegations of defrauding the investors of substantial amounts. The charge initiated by…
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Silvergate Restates Faith In Crypto Despite Q4 Withdrawal Drop – Report
As withdrawals spiked following the demise of industry titan FTX, top asset management firm Silvergate Capital Corp reported a steep…
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