Celsiusnetwork

Celsius Network Charged Over $3M in Legal Fees
Celsiusnetwork

Celsius Network Charged Over $3M in Legal Fees

Beleaguered crypto lending platform Celsius Network has incurred more than $3 million in legal fees, according to a filing.

Celsius Network Shares Details of Its Creditor as it Raises Cyber Threat Concerns
Celsiusnetwork

Celsius Network Shares Details of Its Creditor as it Raises Cyber Threat Concerns

Bankrupt cryptocurrency company Celsius Network has disclosed the information of its creditors in a filing recently provided in court, including names, addresses, amount owed, and email addresses amongst others

Assets Belonging to Troubled Crypto Lender Celsius to go Under the Hammer
Celsiusnetwork

Assets Belonging to Troubled Crypto Lender Celsius to go Under the Hammer

Celsius Network Ltd., a troubled and bankrupt crypto lender, has disclosed the auction dates for its assets.

Celsius Network Conditionally Not to Enforce Debtors to Pay for Outstanding Loans
Celsiusnetwork

Celsius Network Conditionally Not to Enforce Debtors to Pay for Outstanding Loans

Beleaguered digital currency lender Celsius Network has revealed that it was not planning to ask its debtors to pay their outstanding loans during its Chapter 11 bankruptcy proceedings.

Users Panic as Nexo Withdraws 7,758.8 WBTC from MakerDAO
Celsiusnetwork

Users Panic as Nexo Withdraws 7,758.8 WBTC from MakerDAO

There have been panic in the digital space amidst rumours of Nexo being insolvent due to the abrupt withdrawal of Wrapped Bitcoin (WBTC) from MakerDAO with an address labelled as Nexo Ox8fd

Celsius CEO Resigns amid Broader Bankruptcy Tango
Celsiusnetwork

Celsius CEO Resigns amid Broader Bankruptcy Tango

Alex Mashinsky, the Chief Executive Officer of the embattled crypto lending firm Celsius Network has tendered his resignation as the head of the firm, effective immediately.

Celsius Files for Permission to Sell Its Stablecoin Holdings
Celsiusnetwork

Celsius Files for Permission to Sell Its Stablecoin Holdings

Celsius is seeking to generate liquidity through sales from its $23 million in stablecoin holdings.

Ontario Teachers Pension Floats with FTX Trading amid Crypto Volatility
Celsiusnetwork

Ontario Teachers Pension Floats with FTX Trading amid Crypto Volatility

Despite market volatility and a recent decline in value, Ontario Teachers Pension has continued embracing its crypto business investments.

Bankrupt Celsius Seeks to Return $50m of Locked Crypto for Custody Holders
Celsiusnetwork

Bankrupt Celsius Seeks to Return $50m of Locked Crypto for Custody Holders

The filing from Celsius comes a few days after a group of customers claiming about $25 million in custody holdings petitioned the court for payback of their funds.

Canadian Pension Fund Achnoledges Investemnt Loss for $200m CAD on Celsius Network
Celsiusnetwork

Canadian Pension Fund Achnoledges Investemnt Loss for $200m CAD on Celsius Network

Charles Emond, the Chief Executive Officer of Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ), has indicated that the company’s investment in Celsius Network is now considered lost.

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