2023-5-9 20:11 |
The $500 billion-plus firm is involved in NovaWulf's offer for Celsius, according to a person familiar with the matter.
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Celsius Network contacted 130 interested parties and signed non-disclosure agreements with 40, before choosing NovaWulf.
2023-4-14 18:57 | |
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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.
2023-3-13 08:34 | |
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Crypto lender firm Celsius has announced that customers can now withdraw their assets from its platform eight months after the company filed for bankruptcy. According to an official tweet on March 2, withdrawals are now available, albeit for certain custody accounts only.
2023-3-3 14:30 | |
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Celsius, a defunct cryptocurrency lending platform, will begin processing customer withdrawal requests in the next few days. The firm started the day by disseminating a 1,400-page court document on Twitter.
2023-2-1 19:47 | |
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Celsius filed a motion to allow customer get more time to file their claims CEL was almost nonexistent on-chain but the technical outlook displayed bullishness Crypto lending firm Celsius NeThe post Will CEL turn all odds in its favor despite Celsius Network filing its latest motion? appeared first on AMBCrypto.
2023-1-5 06:30 | |
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Core Scientific has shut down 37,000 mining rigs that were hosted for Celsius. The Bitcoin miner's share price has jumped over 81% following this decision. Bitcoin [BTC] mining firm Core SciThe post In another blow to Celsius, Core Scientific shuts down 37,000 mining rigs appeared first on AMBCrypto.
2023-1-4 12:30 | |
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Cryptocurrency debt trading firm Xclaim has reported that over a hundred institutional investors have been negatively impacted by the failure FTX.
2022-12-31 23:56 | |
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The collapse of Celsius and FTX led to more than 60% of Midas’ assets under management being withdrawn.
2022-12-28 02:03 | |
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Cryptocurrency firm Celsius received proposals from 30 possible purchasers or its mining and retail operations Galaxy Digital Holding intends to purchase Celsius' custody platform, GK8 ThirtThe post Why 2023 could bring some good news for this bankrupt cryptocurrency lender appeared first on AMBCrypto.
2022-12-21 17:30 | |
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The bankrupt crypto firm Celsius receives multiple bid offers. Could it follow Voyager Digital’s footsteps and be acquired by Binance soon? The post Bankrupt Celsius Could Follow in Voyager Digital’s Footsteps and Be Acquired Soon appeared first on BeInCrypto.
2022-12-21 23:05 | |
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Galaxy, the crypto-focused financial services firm, had won the auction for GK8 earlier in the month.
2022-12-14 01:35 | |
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Galaxy Digital, Mike Novogratz’s cryptocurrency firm, has agreed to buy Israeli cybersecurity company GK8 for $44 million
2022-12-8 22:56 | |
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Bankrupt crypto exchange Celcius sees a new deadline for submitting its restructuring plan. The court ordered the company to present it by February 15. On Monday, Celsius announced the new development in a Twitter thread.
2022-12-7 18:59 | |
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Celsius, a cryptocurrency lender, has received approval to extend its exclusivity period until February 2023. The firm is also looking for a way to sell their stablecoin haul.
2022-12-7 15:58 | |
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The cryptocurrency-focused financial services firm won an auction to buy the company from crypto lender Celsius, which filed for Chapter 11 bankruptcy protection. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.
2022-12-6 01:59 | |
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Coinspeaker Galaxy Digital to Acquire Israeli Custody Firm GK8 from Celsius Network Amongst other things, GK8 will help solidify GalaxyOne, the bigger company’s trading platform. Galaxy Digital to Acquire Israeli Custody Firm GK8 from Celsius Network
2022-12-5 14:41 | |
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Galaxy Digital bought GK8 from bankrupt Celsuis Network Galaxy to expand its company in Tel Aviv after acquisition In a relief to Celsius creditors, New York-based crypto investment firm GalThe post Celsius Network finds some respite after Galaxy Digital acquires GK8 appeared first on AMBCrypto.
2022-12-3 13:30 | |
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The cryptocurrency-focused financial services firm won an auction to buy the company from crypto lender Celsius, which filed for Chapter 11 bankruptcy protection. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.
2022-12-3 00:51 | |
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Celsius Network confirmed exposures to FTX exchange and trading firm Alameda Research Negative sentiments continue to trail CEL as investors believe the price will fall further The now-collaThe post Celsius' extended exposure to FTX and Alameda Research could leave CEL here appeared first on AMBCrypto.
2022-11-13 02:30 | |
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Celsius filed a request in court for an extension on the deadline for reorganization. The firm claims it needs more time to complete the plan because reorganization is ‘complex’. According to a Celsius Twitter post on November 10, 2022, the…
2022-11-11 04:10 | |
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The crypto winter that began in early 2022 has resulted in several financial issues, including Bitcoin mining firms. Many crypto firms have struggled, while others had to close shop. The crypto community felt the impact, mainly through many crypto firms, including Celsius Network, Three Arrows Capital, Voyager Digital, etc.
2022-10-31 14:15 | |
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Nothing supersedes personal experience. At least that seems to be the case with a new JPMorgan Chase hire this week, as the financial firm has brought in former Celsius executive Adam Iovine to serve as a director of digital assets regulatory policy, according to a variety of reports on Wednesday, which cite Iovine’s LinkedIn page.
2022-10-20 21:51 | |
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The beleaguered cryptocurrency lending firm is facing investigations in various cryptocurrency states
2022-10-19 08:43 | |
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Crypto hosting and mining company Core Scientific (CORZ) has issued fired back at Celsius Mining over allegations it is violating the beleaguered firm's bankruptcy filing.
2022-10-12 14:26 | |
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Co-founder Kalin Metodiev stated that comparisons between Celsius, Voyager and Nexo are “very far from reality” and that the firm is focused on building in a sustainable way.
2022-10-5 06:45 | |
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Celsius Network (CEL/USD) founder Alex Mashinsky, who recently resigned as the bankrupt crypto lender’s CEO, withdrew $10 million from the firm’s accounts just weeks before it announced a halt to all customer withdrawals, according to a Financial Times report.
2022-10-4 17:30 | |
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FTX CEO Sam Bankman-Fried said his firm would pay a “fair market price” for Celsius’ assets if it gets involved in the bankrupt lender acquisition process in an October 2 tweet. The post FTX will pay fair market value for Celsius, SBF says appeared first on CryptoSlate.
2022-10-3 13:00 | |
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Celsius Network’s founder Alex Mashinsky reportedly withdrew $10 million from the struggling crypto lender a few weeks before the firm froze its customer funds and filed for bankruptcy, the Financial Times reported on October 2.
2022-10-3 12:00 | |
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Celsius said that Equities First still owes its $439 million.
2022-9-30 08:53 | |
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A key concern is that the firm hasn’t explicitly outlined what it will do with the stablecoin sale proceeds.
2022-9-30 06:03 | |
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Celsius Network is a cryptocurrency lending firm headquartered in New Jersey. Though it maintained its offices in four countries, the company’s operation was global. Celsius allowed users to deposit different crypto assets while offering a percentage yield as a reward.
2022-9-28 18:51 | |
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Acquiring the assets of Celsius would imply FTX’s intent to save the lending firm, similar to what FTX US did for Voyager by securing the winning bid of approximately $1.4 billion.
2022-9-28 10:57 | |
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Alex Mashinsky's resignation came after the embattled crypto lending firm filed for bankruptcy in mid-July
2022-9-28 17:38 | |
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Milbank LLC, an international law firm headquartered in New York, has filed a motion with the U.S. Bankruptcy Court of the Southern District of New York seeking orders directing the appointment of an Official Preferred Equity Committee by the Office…
2022-9-23 17:00 | |
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Crypto lending firm Celsius [CEL] seems to be committed to restoring its lost reputations and getting back to full operation. In its latest filing with the New York Southern District Bankruptcy Court,The post Did the Celsius liquidity plea trigger CEL's 34% freefall? appeared first on AMBCrypto.
2022-9-16 20:30 | |
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The crypto lending firm intends to get the liquidity and support its operations with the funds from the sell-off.
2022-9-17 13:55 | |
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Alex Mashinsky reportedly made the announcement at a Sept. 8 meeting, at which Celsius discussed possible scenarios for its future after filing for bankruptcy in July.
2022-9-14 00:15 | |
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Celsius CEO Alex Mashinsky recently proposed revamping the failed crypto lending business as a digital asset custody firm, according to a New York Times report.
2022-9-14 19:57 | |
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Celsius is under fresh regulatory scrutiny in the US following the firm's collapse
2022-9-10 22:33 | |
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McCarter & English, a law firm representing four Celsius borrowers, has filed a motion asking for the appointment of a chapter 11 Trustee instead of an internal examiner from the United States Trustee’s office.
2022-9-8 18:24 | |
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Court filings made by Kirklan & Ellis LLP, the law firm representing Celsius, revealed that the bankrupt crypto lender is expecting an influx of cash in the first week of October. According tThe post Celsius to receive $70 million as per latest filing; liquidation may still be on the cards appeared first on AMBCrypto.
2022-9-4 21:30 | |
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Troubled crypto lending firm Celsius seems engrossed in fixing its long-standing challenges after being declared insolvent. Yesterday (1 September), the company filed a motion to the bankruptcy court The post CEL's >30% spike aims to calm chaos but is a $50M appeal the antidote appeared first on AMBCrypto.
2022-9-3 22:30 | |
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Crypto lender Celsius Network, which started Chapter 11 bankruptcy proceedings in July, wants to return customer assets in the custody program and withhold accounts worth around $210 million, the firm said in a September 1 filing.
2022-9-2 20:13 | |
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Suspension of withdrawals on Celsius custody contradicts the plain language of the firm's terms of use, a group of disgruntled creditors argued.
2022-9-1 14:18 | |
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Celsius Network’s bankruptcy proceedings have highlighted that the firm has misrepresented many of its assets with deep complexities in its operations.
2022-8-26 16:03 | |
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"Prime Trust was obligated under the Bankruptcy Code to deliver all property belonging to Celsius [...] including these remaining crypto assets," said Celsius' legal team.
2022-8-24 22:45 | |
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According to a document filed with the Southern District of New York, crypto lending firm Celsius Network and Celsius KeyFi introduced a lawsuit against trading firm KeyFi and Jason Stone. The crypto lending firm claims Stone and his company were “incompetent” and “deceitful” during their partnership.
2022-8-24 22:42 | |
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If Celsius Network’s CEO, Alex Mashinsky was “being transparent,” there would be “no need to pull in an independent examiner," Sasha Hodder, founder of Hodder Law Firm, said on CoinDesk TV's "First Mover."
2022-8-20 00:17 | |
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Thomas Braziel, partner at investment firm 507 Capital, joined CoinDesk TV’s “First Mover” to discuss Celsius Network and why its relationship with customers could be over.
2022-8-19 18:30 | |
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