2023-2-2 11:07 |
Eligible creditors will not be able to withdraw their funds from Celsius unless they update their accounts with AML and KYC data. origin »
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Celsius Network is currently going through the Chapter 11 bankruptcy process. Celsius received approval to process certain customer withdrawals last week. Those eligible to withdraw are those who deposited after the lender filed for bankruptcy.
2023-2-1 13:15 | |
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Celsius has been positioned as one of the leading yield-generating CeFi platforms on the market, battling neck-and-neck with other dedicated CeFi platforms such as BlockFi and Nexo. Their positioning is seemingly weakened this week, certainly with retail investors, as the platform sent out an announcement to all users and released a public announcement that new funds supplied – even from existing accounts – into Celsius’ platform would no longer be eligible to earn yield unless they are accredited investors.
2022-4-13 03:15 | |
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Jan. 7 could mark a turning point, as Usual plans to activate the token fee switch for real value sharing. The real-world asset stable coin protocol Usual (USUAL) has recently hinted at the activation of its token fee switch. This…
The Uniswap Foundation keeps punting on a "fee switch" proposal that would give UNI governance token holders a cut of liquidity providers' revenue.
VanEck waived the management fee for its spot bitcoin ETF for a year or until reaching $1.5 billion in assets under management.
This latest report from Cointelegraph Research dives into the tsunami of solutions coming onto the market that improve security, privacy and speed from existing protocols.
The account that paid $500,000 to move $2,000 worth of Bitcoin was a Paxos server, the company stated.
The surge of Ordinals demonstrates a significant market, but not one that Bitcoin is built to sustain on the base layer.
Despite calls for censorship, many developers agree that maintaining the status quo is the right thing to do for now.