Celsius

Celsius Was In Control Of Roughly 80% Of The Money Deposited On The Platform, Not The Users.

Celsius Network has filed for Chapter 11 bankruptcy protection after deliberating for nearly a month. Following the first bankruptcy hearing…

2 years ago

Appears New Creditor Claims To Lend Three Arrows Capital $2.36B

Lending company Genesis Trading admitted it lent $3.36 billion to Three Arrows Capital, a newly bankrupt crypto investment fund. On…

2 years ago

Lido And New Updates Bring Positive Signals

After a challenging period with massive selling pressure from funds and stories about liquidity risk, Lido DAO's stETH has made…

2 years ago

Customers Of Celsius May Have To Wait Years For A Payout

Due to the absence of legal precedent, ongoing litigation, and Chapter 11 bankruptcy's complexity, Celsius users may have to wait…

2 years ago

Celsius Network Plans To Compensate Users Along With Huge Deficit Of $1.19B

Centralized finance (CeFi) platform Celsius Network is revealing plans to compensate users whose funds are still unavailable for withdrawal. Celsius…

2 years ago

Celsius Is Accused Of Operating As A “Shadow Bank”

Celsius filing for bankruptcy cleared up a mess. The accusations that the crypto lender is running a “shadow bank” have…

2 years ago

Celsius Admits Bankruptcy Due To Loss Of $1.2 Billion

Cryptocurrency lending platform Celsius said the loss of $1.2 billion was the reason it had to declare bankruptcy. Celsius reveals…

2 years ago

Celsius Network Has Already Paid Off More Than $800 Million Of Debt To DeFi Apps

All of Celsius Network's debt to decentralized lending applications has been settled. Celsius Network is a struggling cryptocurrency lender. Celsius…

2 years ago

Celsius Chapter 11 Bankruptcy After All Efforts To Pay Off Debt

The cryptocurrency lending platform that has been struggling since the beginning of June until now is Celsius Network has officially…

2 years ago

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