Celsius Network


Videos

Celsius Used New Customer Funds to Pay for Withdrawals: Independent Examiner

An independent examiner for the U.S. bankruptcy court in New York said in a Tuesday filing that crypto lender Celsius Network misled its investors and occasionally used new customer funds to pay for other customers’ withdrawals– the usual definition of a Ponzi scheme. "The Hash" panel discusses the examiner's report and what it reveals about how Celsius operated.

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Markets

First Mover Americas: Celsius Network Inakusahan ng Pagpapatakbo ng Ponzi Scheme

Ang pinakabagong mga paggalaw ng presyo sa mga Crypto Markets sa konteksto para sa Ene. 31, 2023.

Celsius Logo (Celsius Network)

Videos

Celsius Secures Court Approval to Process Certain Customer Withdrawals, Flare Token Airdrop

Bankrupt crypto lender Celsius Network secured approval to process certain customer withdrawals, several court orders filed on Tuesday show. The U.S. bankruptcy court also authorized eligible XRP holders to receive Flare tokens due under a prior agreement.

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Videos

Date Set for Oral Arguments in Grayscale’s Appeal of SEC’s Bitcoin ETF Decision; Celsius Developments

Bitcoin's (BTC) January price rally has analysts focusing on higher valuations last seen in mid-2022. Separately, a date has been set to begin hearing oral arguments in Grayscale Investment’s appeal of the SEC decision to deny the conversion of GBTC into an ETF. Grayscale and CoinDesk are both owned by DCG. Separately, Celsius Network is planning to reinvent itself as a new, publicly traded "recovery corporation" to exit the bankruptcy process.

Recent Videos

Videos

New York State’s Attorney General Sues Former Celsius CEO Mashinsky

New York state’s attorney general has sued Celsius Network's former CEO Alex Mashinsky for allegedly defrauding investors with false statements about the condition of the company to encourage money to keep coming in. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the crypto lender's bankruptcy and what to expect from the lawsuit.

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Finance

CORE Scientific para I-shut Down ang Celsius Crypto Mining Equipment

Ang dalawang kumpanya ay nakikibahagi sa paglilitis sa isang 2020 hosting contract, na sinasabi ng CORE Scientific na nagkakahalaga ng $2 milyon sa kita bawat buwan.

Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)

Videos

Galaxy Digital Will Buy GK8 From Celsius; Bitcoin Miners’ FTX Contagion Exposure May Amplify Industry Pain

U.S. employers beat expectations and added 263,000 jobs in November, sending bitcoin's price below $17,000. Mike Novogratz's Galaxy Digital won an auction to buy self-custody platform GK8 from bankrupt crypto lender Celsius Network. Bitcoin miners could continue to find themselves in hot water from exposure to FTX's contagion.

Recent Videos

Videos

BlockFi Joins the Crypto Bankruptcy Parade

Crypto lender BlockFi became the latest industry heavyweight to file for Chapter 11 bankruptcy, joining Celsius Network, Voyager Digital and FTX. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the key takeaways from the first day of bankruptcy proceedings.

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Policy

Inaprubahan ng Korte ng US ang Deadline para sa mga Customer ng Celsius na Maghain ng Mga Katibayan ng Claim

Ang mga customer ng bankrupt Crypto lender ay may hanggang Ene. 3, 2023, upang maghain ng mga patunay ng claim, kung mali ang pag-iiskedyul ng Celsius ng kanilang mga claim bilang inihain.

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Policy

Nabangkarote na Crypto Lender Celsius Files Motion to Extend Time Submission for Reorganization Plan

Ang bankrupt na tagapagpahiram ay naghain ng mosyon upang ito ay magkaroon ng mas maraming oras upang isumite ang kanyang plano sa reorganisasyon.

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