Celsius has made notable progress in its bankruptcy process with the distribution of over $2.53 billion to more than 251,000 creditors. These payments were made in...
After halting withdrawals and collapsing in 2022, Celsius, the cryptocurrency lending platform, successfully emerged from Chapter 11 bankruptcy and is actively working to return over $3...
Celsius revealed its intention to recover funds from customers who withdrew $100,000 or more in the 90 days before its bankruptcy filing. Creditors who withdrew significant...
Hut 8 Corp. a leading digital asset mining and high-performance computing infrastructure provider, has entered into an interim agreement to develop and install mining operations at...
Judge Martin Glenn stated that Celsius Network, a cryptocurrency lending platform, might need to secure another vote from creditors before shifting to a Bitcoin mining business,...
In a recent development, Celsius, a troubled crypto lender, aims to emerge from Chapter 11 and transition into a Bitcoin mining-focused company. However, this new plan...
Celsius, a cryptocurrency lender that filed for bankruptcy in July, has raised objections to Galaxy Digital’s fee request for storing its digital assets. Celsius and Galaxy...
The once-prominent cryptocurrency lending platform Celsius Network, which had previously filed for bankruptcy, is now pursuing an innovative route to recovery. According to reports, the organization,...
Crypto lending has been a part of the industry for a while. There are both decentralized and centralized lending services available for users. While the lending...
Celsius, a bankrupt crypto lending firm is likely to issue a new token targeted at repaying creditors. According to a video court hearing shared on Jan....
“Who owns the cryptocurrency assets deposited in Earn Accounts by Celsius’s account holders before the July 15, 2022 petition date?” The United States Bankruptcy Court Southern District...
On December 7, 2022, a bankruptcy judge ordered that $44 million in crypto be given to a group of customers of the defunct crypto lending platform,...
2022 is considered to be one of the worst years in the crypto market. As the end of the year draws near, crypto natives have been...
Coming up, Joe Abah Speaks On Crypto Ban In Nigeria Ex Celsius CEO Withdrew $10 Million Binance Launches ETHW Mining Pool WazirX Lays Off 40% of...
Reports on Celsius platform show that the former CEO, Alex Mashinsky withdrew $10 million from the project before its customers’ accounts were frozen and it went...
There has been a massive exit of crypto execs in recent times. Bloomberg’s Michael P. Regan calls it the “Great Resignation” where c-suite officials of crypto...
One major challenge that has troubled the entire blockchain ecosystem is the absence of regulations. The architecture on which this technology and its products are built...
