Celsius
Bitcoin Snaps 5-Day Losing Streak; More Hawkish Fed Policy Ahead?
Wave Financial Managing Director Nauman Sheikh discusses his crypto markets outlook as investors react to hotter-than-expected inflation data signaling more aggressive Federal Reserve monetary policy tightening. Plus, his take on the implosion of crypto lender Celsius.
Celsius Files for Bankruptcy; Crypto Unfazed by US inflation
Celsius files for bankruptcy after paying off hundreds of millions of dollars of loans. Bitcoin bounces back after U.S. CPI hits 41-year high. MATIC skyrockets as Polygon joins Disney accelerator. Bitcoin hashrate slumps to lowest in over five months amid over 100 degree weather in Texas. Questions over Circle’s USDC reserves linger despite reassurances. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Celsius' Mining Unit Files for Bankruptcy Just Months After Announcing IPO Intention
Celsius Mining said in March that it intended to go public.
Celsius Network Files for Chapter 11 Bankruptcy
The crypto lender said it has $167 million in cash on hand and will continue to freeze customer withdrawals.
Celsius Starting Bankruptcy Proceedings: Report
Crypto lender's lawyers are notifying state regulators, source tells CNBC.
Wobble in stETH's Price Shows Fear Celsius Might Dump $435M Stake
The discount on stETH, a derivative of ether, surged as the crypto lender reclaimed and then transferred almost 10% of the total supply of the token.
Celsius Pays Off Last DeFi Loan, Reclaims Nearly $200M of Wrapped Bitcoin From Compound
The troubled crypto lender previously paid off loans from Aave and Maker.
3AC Founder Briefly Surfaces; Buterin Defends Ethereum
Court gives Three Arrows Capital liquidators permission to claim US assets. Celsius pays off USDC loan on Aave, unlocks over $415 million in collateral. Buterin defends proof-of-stake blockchain ahead of Ethereum merge. Lightspeed launches $500 million fund for India and South East Asia.
DoNotPay CEO Wants to ‘Give Little Guys the Power’ to Sue Celsius
DoNotPay CEO Joshua Browder joined CoinDesk TV’s “First Mover” to discuss how retail investors can file claim suits against Celsius Network to attempt to recover their assets as the lender faces insolvency.
First Mover Americas: Bitcoin Drops After CPI Data Comes In Hotter Than Expected
The latest price moves in crypto markets in context for July 13, 2022.
