CNBC reported on July 19 that for the first time, two former employees that held leadership positions spoke out on the events that brought the company to...
Sequel to the earlier report that Celsius had filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code, the debtor has provided more information...
After the Celsius Network’s decision last month to freeze all transactions and withdrawals, the whole cryptocurrency market plummeted into a deep and gloomy sinkhole. This week...
The Department of Financial Regulation issued a consumer alert against Celsius, stating that it is deeply insolvent. DFR mentioned in its release that the crypto lender Celsius Network’s...
Celsius hired the law firm Kirkland and Ellis LLP to advise on its restructuring. The law firm joins the crypto lender one month after it hired...
Celsius has freed up roughly $450M worth of BTC after paying off its over-collateralized loans to Maker. After paying back an additional $41.2 million in Dai...
Drama around “cryptocurrency bank” Celsius is aggravating as cryptocurrency enthusiasts found out how the company fought the potential bankruptcy, and it might surprise you how simple-yet-short-sighted their decision was. As...
Lending is one of the biggest verticals in the DeFi industry. Unfortunately, several top-tier lenders, including Celsius, struggle to remain afloat. Thankfully, users can explore numerous alternatives that...
Members of the crypto community on Twitter have been left bewildered by the beleaguered Celsius Network continuing to pay weekly rewards despite pausing withdrawals two weeks...
A stricken Celsius has frozen all withdrawals and has called in restructuring lawyers. Goldman Sachs is hovering in the wings, looking for the rich pickings should...
