5 / 7 Relevant items tagged with #Celsius

Posts

Celsius Sets New Standard: $1 Billion In ETH Staked As Deposits Show No Sign Of Slowing

[Jun 2, 2023 4:00 PM] Celsius, a popular lending platform, has made significant moves in staking Ethereum (ETH) as they stake almost $1 billion worth of the cryptocurrency. According to the Blockchain intelligence company Arkham Intel, In the past 24 hours alone…

US Bitcoin Corp to Operate Restructured Mining Division of Celsius, Boosting Hashrate by 12.2 EH/s

[May 29, 2023 1:30 PM] Bitcoin mining company U.S. Bitcoin Corp (USBTC) has announced its intention to employ the mining assets of Celsius, the defunct crypto lender. The development follows the acquisition of application-specific integrated circuit (ASIC) machines from…

USBTC Aims to Become Bitcoin Mining Giant After Deal to Buy Celsius Assets

[May 25, 2023 6:57 PM] The miner will receive $15 million management fee for the Celsius mining assets, which it will operate exclusively.

Fahrenheit wins bid to acquire assets of crypto lender Celsius

[May 25, 2023 2:01 AM] The consortium, which includes Arrington Capital, outbid NovaWulf to acquire Celsius Network’s assets, while the Blockchain Recovery Investment Consortium serves as a backup bid.

Fahrenheit Wins Bid to Acquire Assets of Insolvent Crypto Lender Celsius

[May 25, 2023 12:38 AM] The Arrington Capital-backed grouping beat fellow bidder NovaWulf for Celsius’ assets, with the Blockchain Recovery Investment Consortium selected as back-up.

The Kingdom of Bhutan’s Business Division Explores Crypto Ventures With Bitdeer Partnership

[May 21, 2023 11:30 PM] A recent report reveals that Druk Holding & Investments (DHI), the business division of Bhutan’s Royal Government, is exploring crypto initiatives to enhance its portfolio expansion. DHI recently teamed up with Singapore-based crypto company…

Fahrenheit Consortium Is Lead Bidder in Bankruptcy Auction for Celsius Assets

[May 17, 2023 11:30 AM] The assets include a loan portfolio, mining rigs and infrastrsucture and cryptocurrency worth as much as $2 billion.

New survey says Bitcoin is safer than the US dollar — Watch The Market Report

[May 17, 2023 7:00 AM] On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses if Bitcoin is safer than the U.S. dollar, considering the impending risk of debt default.

Celsius adds over 428K stETH to Lido’s lengthening withdrawal queue

[May 16, 2023 9:59 PM] The bankrupt crypto lender wants its huge stash of staked Ether back, but it could be in for a wait.

Crypto bank runs in 2022 catalyzed by institutional withdrawals: Research

[May 16, 2023 3:32 AM] Research suggests the lack of insurance for depositors on crypto platforms induced fear among retail and institutional clients, leading to heavy withdrawals and a liquidity crunch.

Celsius moves $781M in stETH just as Lido withdrawals open

[May 15, 2023 9:48 PM] The bankrupt crypto lender has been moving its massive stash of staked Ethereum.

Bankrupt Crypto Lender Celsius Transfers $75M of Ether to Staking Service Figment

[May 15, 2023 6:23 AM] The maneuver represents one of the largest transfers of funds for Celsius Network since it filed for bankruptcy protection in July.

Eligible Celsius users can withdraw all 'Distributable Custody Assets' following court approval

[May 5, 2023 3:15 PM] Certain Celsius users, largely those who only ever held funds in custody accounts, had previously been limited to withdrawing up to 94% of their funds.

Mashinsky files motion to dismiss NY AG suits, says it ‘parrots misinformation’

[May 3, 2023 11:40 AM] Former Celsius CEO Alex Mashinsky was charged with seven counts of fraud in connection with “false and misleading statements” about his company, among other things.

Celsius CEO Mashinsky Denies ‘Baseless’ Fraud Claims by New York State

[May 3, 2023 6:00 AM] Attorney General Letitia James said Mashinsky misled investors about the health of the now bankrupt crypto lender.

Celsius Seeks to Merge UK, U.S. Entities Amid Allegations Distinction Was a ‘Sham’

[May 2, 2023 1:36 AM] Resolving the company’s murky corporate design could prove key to recoveries for customers and Series B investors.

Celsius auction has Gemini and Coinbase as new bidders: Report

[Apr 23, 2023 3:21 PM] Two new consortiums will dispute the assets of bankrupt crypto lender Celsius Network in an auction scheduled for April 25 in New York.

Celcius reportedly prepping litigation against creditor for leaking internal info

[Apr 14, 2023 8:21 PM] Creditor Tiffany Fong has argued that she hasn’t done anything wrong, asserting that she didn’t break any non-disclosure agreements by reporting on the leaked information.

NovaWulf Plans to Tokenize Equity of Celsius’ New Firm With $2B Assets, After Takeover

[Apr 14, 2023 9:57 AM] Celsius Network contacted 130 interested parties and signed non-disclosure agreements with 40, before choosing NovaWulf.

Celsius Network to make April 12 filing, including info on voting for restructuring plan

[Apr 7, 2023 11:00 AM] "Our Disclosure Statement will provide a summary of the Plan, account-holder recovery percentages, FAQs, and additional information on certain risk factors," said Celsius.

Paxful to return lost Celsius funds to Earn users

[Mar 29, 2023 1:46 PM] Peer-to-peer marketplace Paxful will refund its Earn program users impacted by Celsius Network's bankruptcy.

Celsius custody account holders can receive 72.5% of their crypto, says bankruptcy judge

[Mar 21, 2023 3:54 PM] Should they opt in to the deal, Celsius customers cannot “pursue any litigation, including seeking relief from the automatic stay, turnover, or other claims or causes of action.”

Celsius lawyer and adviser fees on track to reach $144M, community responds

[Mar 21, 2023 5:59 AM] Software developer Cam Crews compiled data showing almost $102 million filed with the courts, with $42 million estimated in additional fees yet to be filed.

Coinbase, Celsius and Paxos disclose funds in Signature Bank

[Mar 12, 2023 11:34 PM] The crypto-friendly Signature Bank was a key partner for many crypto firms, some which have been voluntarily disclosing their exposure to the recently closed firm.

Brazilian Tax Authority Numbers Reveal Cryptocurrency Market Recovery in January

[Mar 6, 2023 12:30 AM] Numbers from the Brazilian tax authority indicate that the cryptocurrency market experienced a resurgence in January, with trading increasing more than 10% compared to December. Tether’s usdt is still the currency that moves the most volume…

Report Claims Visa and Mastercard Plan to Pause New Partnerships, Visa’s Head of Crypto Insists ‘Story Is Inaccurate’

[Feb 28, 2023 1:00 PM] According to a recent report from sources familiar with the matter, Mastercard and Visa, the credit card and payment services giants, are halting new partnerships with cryptocurrency firms. This news comes after the collapse of several…

Wrapped Bitcoin supply drops to negative after 11,500 wBTC burn linked to Celsius

[Feb 28, 2023 5:24 AM] Wrapped Bitcoin garnered DeFi traders' support in the 2021-22 bull season, but the demand started to fade post numerous crypto contagions led to redemptions.

Crypto Biz: Celsius, FTX feel investors’ wrath as lawsuits multiply

[Feb 17, 2023 2:30 PM] Celsius creditors have filed a proposal to sue Alex Mashinsky, while creditors of FTX are turning their attention to the exchange's venture backers.

Celsius bankruptcy judge authorizes the sale of $7.4M worth of Bitmain coupons

[Feb 16, 2023 10:30 AM] The judge’s ruling does not require Celsius debtors to sell the Bitmain coupons, but they would need the consent of the committee of unsecured creditors.

Crypto Lender Celsius to Be Acquired by Novawulf, Exiting Chapter 11 

[Feb 16, 2023 8:30 AM] Crypto lender Celsius’ committee of unsecured creditors has chosen the digital asset investment firm Novawulf Digital Management to sponsor the company’s reorganization plan, according to a statement published on Wednesday. The…