Digital asset investment firm NovaWulf Digital Management has reached a deal with crypto lender Celsius to buy its lending operations and help bring an end to its bankruptcy case. Debtors of Celsius Network have presented the sale plan to the U.S. Bankruptcy Court of the Southern District of New York. The plan has the support of Celsius’…
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The bankrupt crypto lender Celsius is taking legal action against its former CEO Alex Mashinsky and a number of others to seek the return of “millions of dollars.” According to court documents published this week, Mashinsky, Celsius co-founder S. Daniel Leon and several others engaged in “negligent, reckless, and self-interested conduct” during their time at…
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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: Today in Crypto: BNB Chain Unveils 3rd Blockchain in BNB Ecosystem, Tether ‘Never Borrowed from Celsius’, Ripple Sold $226M Worth of XRP in Q4 Read more »Sign up for e-EUR –…
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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: Today in Crypto: Bitcoin Suisse Joins Liquid Collective to Enable ETH Staking, METACO Partnered with DekaBank, Celsius ‘Abandoned Promise of Transparency from Start’ Read more »Sign up for e-EUR – the…
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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: Today in Crypto: Digital Surge Saved from Bankruptcy Following FTX Collapse, Circle Blames US SEC for Failed Merger, Celsius Mulling Issuance of a New Token Read more »Sign up for e-EUR…
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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: Today in Crypto: US SEC Seeking Details on FTX Investors’ Due Diligence, NY Attorney General Sues Celsius Co-founder, European Central Bank Executive Claims Crypto is Gambling Read more »Sign up for…
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The FTX fiasco is nothing new for Bitcoin as it survived multiple exchange collapses, bear markets and even outright bans in its decade-plus existence. The “Bitcoin-is-dead” gang is back and at it again. The fall of the FTX cryptocurrency exchange has resurrected these infamous critics that are once again blaming a robbery on the money…
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Short CRO traders were paying as much as 3% premium to long traders on Nov. 14, reflecting extreme bearishness in its futures market. Crypto.com’s native token Cronos (CRO) is showing restraint on Nov. 14 against mounting sell-pressure building in the wake of the FTX’s dramatic collapse last week. Now, the CRO/USD pair is eyeing a…
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The crypto winter that began in early 2022 has resulted in several financial issues, including Bitcoin mining firms. Many crypto firms have struggled, while others had to close shop. The crypto community felt the impact, mainly through many crypto firms, including Celsius Network, Three Arrows Capital, Voyager Digital, etc. The blockchain and artificial intelligence company,…
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Celsius’ bankruptcy proceedings resulted in 14,000 pages of customer data leaking to the public. The incident displayed the pitfalls of centralized finance. In Celsius Network’s recent court filing, the billion-dollar centralized finance (CeFi) platform exposed more than 14,000 pages of customer identity and on-chain transaction data without user consent — a prescient reminder that privacy…
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