Category: Celsius Network

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These Coins Have Moved the Most Since the Ukraine War Started

  Financial markets have been in turmoil ever since the war in Ukraine broke out, and the crypto market is no exception. To help readers navigate the space, Cryptonews.com has looked into the coins that have so far seen the biggest gains, as well as those that have seen the biggest losses…. Read More: These…
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2021 Brought 7 Out of 10 Biggest Early Stage VC Investments in Crypto, Blockchain

  With venture capital firms boosting their exposure to crypto this year, seven out of ten all-time biggest cryptocurrency- and blockchain-related early-stage venture capital investments took place in 2021, according to a recent report by financial data and software company PitchBook. The report, which PitchBook provided to Cryptonews.com, values crypto and blockchain-related investments by global…
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El Salvador Buys Bitcoin Dip Again, WisdomTree Launches 3 Crypto ETPs + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________   ____(Updated at 17:19 UTC with a report from CoinShares.)… Read More: El Salvador Buys Bitcoin Dip Again, WisdomTree Launches 3 Crypto ETPs + More News  Read more »Pay, Trade, Buy Bitcoin with…
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BlockFi Ends Free Withdrawals, ‘NFT’ is Word of the Year + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________    … Read More: BlockFi Ends Free Withdrawals, ‘NFT’ is Word of the Year + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Celsius expands funding round to $750M, tips $7B to $10B valuation in 2022

Celsius CEO Alex Mashinsky said that the oversubscribed $750 million funding round was a “very good indication” of the strength of the company’s lending and yielding brand. Crypto lending firm Celsius Network has expanded its $400 million Series B round from October to $750 million as a result of oversubscription in the firm’s capital raise.…
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NY Attorney General Targets 5 Crypto Companies: 2 Lending Platforms Ordered to Shut Down

New York Attorney General Letitia James has ordered two cryptocurrency lending platforms to shut down and requested three other platforms to answer questions regarding their activities immediately. The letters to the companies published on the attorney general’s website indicate that the two platforms are Nexo and Celsius Network. New York Cracks Down on Unregistered Crypto…
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Finance Redefined: Celsius raises $400M, and Rari’s 7.5K% yields, Oct. 11—15

Lending firm Celsius raised $400 million, Rari Capital exceeded $1 billion in TVL, and North America witnessed surging crypto volume — all included in this week’s Finance Redefined. Welcome to the latest edition of Cointelegraph’s decentralized finance (DeFi) newsletter. In a week where Rari Capital achieved the $1billion TVL milestone, read on to discover why…
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Kentucky Sends Cease and Desist Order to Crypto Lending Platform Celsius Over Interest-Bearing Accounts

Six days ago, the securities regulators from New Jersey and Texas cracked down on the cryptocurrency lending platform Celsius. Additionally, the Alabama Securities Commission joined in and filed a cease and desist order against Celsius. Now the state of Kentucky is following suit and has filed a cease and desist order against the crypto lending…
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Securities Watchdogs File Orders Against Crypto Lender Celsius

A news release published by the New Jersey government web portal indicates that the cryptocurrency lending platform Celsius has been sent a cease and desist order from the New Jersey Bureau of Securities. Furthermore, the Texas State Securities Board has ordered Celsius to appear at a hearing and is also threatening with a cease and…
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Texas and New Jersey regulators go after Celsius Network

“Companies dealing in cryptocurrencies are not immune from oversight,” said New Jersey’s acting attorney general Andrew Bruck. The Texas State Securities Board has filed for a hearing with the potential to impose a cease and desist order against crypto lending firm Celsius Network for not offering securities licensed at the state or federal level, while…
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