Celsius Network

Ripple Discloses Interest in Bankrupt Crypto Lender Celsius Network
Celsius Network

Ripple Discloses Interest in Bankrupt Crypto Lender Celsius Network

Blockchain payments firm Ripple Labs Inc is reportedly interested in learning about the bankrupt crypto lending platform Celsius Network.

ZipmexX Suspends Withdrawals, Citing Celsius and Babel Risk Exposure
Celsius Network

ZipmexX Suspends Withdrawals, Citing Celsius and Babel Risk Exposure

Asia's leading digital asset exchange ZipmexX has suspended users' cryptocurrency withdrawals, citing the move as the exchange's assets could be swallowed up by the financial crisis facing the Celsius Network and cryptocurrency lender Babel Finance.

EquitiesFirst Owes $439 Million In Debt to Celsius Network
Celsius Network

EquitiesFirst Owes $439 Million In Debt to Celsius Network

The case is one of many issues facing Celsius Network. If EquitiesFirst agrees to pay the debt, then the struggling Celsius’ operations would be bolstered.

Lawsuit: Ex-Employee Accuses Celsius Network of Financial Fraud Involvement
Celsius Network

Lawsuit: Ex-Employee Accuses Celsius Network of Financial Fraud Involvement

In its lawsuit, Jason Stone, a former manager at Celsius Network, has accused the crypto lending firm of engaging in fraudulent deals, including price manipulation of Celsius's token.

Nexo Offers to Acquire Vauld Group after Celsius's Cold Treatment
Celsius Network

Nexo Offers to Acquire Vauld Group after Celsius's Cold Treatment

Nexo’s plan to buy a cryptocurrency lender may be coming to fruition as the company has shown interest in acquiring Vauld Group.

Celsius Network Slashes 25% of its Workforce amid Potential Insolvency
Celsius Network

Celsius Network Slashes 25% of its Workforce amid Potential Insolvency

Celsius Network’s woes continue to deepen because the crypto lending company has reduced its workforce by 150 employees, including those based in Israel.

FTX Abandoned Discussions to Celsius Network Acquisition - Report
Celsius Network

FTX Abandoned Discussions to Celsius Network Acquisition - Report

FTX rejected the deal to bail out or buy crypto lending firm Celsius. FTX decided to shut down the negotiations and walked away after it found out a "$2 billion hole" in Celsius’ balance sheet.

Celsius Had Higher Risk Profile Than Average US Bank: WSJ
Celsius Network

Celsius Had Higher Risk Profile Than Average US Bank: WSJ

A recent report from the Wall Street Journal (WSJ) has revealed that embattled crypto lending platform Celsius Network took on more risk than it could handle.

Goldman Sachs Reportedly Raising Funds to Acquire Celsius Assets by $2 bn, Report says
Celsius Network

Goldman Sachs Reportedly Raising Funds to Acquire Celsius Assets by $2 bn, Report says

American multinational investment bank, Goldman Sachs Group Inc, has shown interest in buying up embattled crypto lender Celsius Network.

Need More Time to Resume Operations: Celsius Network
Celsius Network

Need More Time to Resume Operations: Celsius Network

Crypto lender Celsius Network said Monday that it needs more time to resume its operation by stabilizing its liquidity and further pausing activities on Twitter.

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