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Celsius
Bitcoin Plunges Below $20K for First Time Since December 2020; Ether Drops Below $1K
The continuing plunge in traditional financial markets and panic about crypto lending platforms sent Bitcoin into the teens for the first time in more than 18 months.

MakerDAO Cuts Off Its AAVE-DAI Direct Deposit Module
MakerDAO is temporarily stopping DAI from being minted and deposited in Aave’s crypto lending platform.

Lido Finance Warns Leverage Is a ‘Hell of a Drug’
After integrating with DeFi major Aave, Lido saw leverage kick up a gear and nudged some larger players to unwind. But plenty of people didn’t.

Biggest ‘stETH’ Pool Almost Empty, Complicating Exit for Would-Be Sellers
A trading pool that large institutional investors such as Alameda Research and Three Arrows Capital have used to dump their “stETH” tokens is now nearly drained and heavily imbalanced, potentially trapping retail investors as well as the embattled crypto lender Celsius.

First Mover Asia: When Crypto Rebuilds After This Cold Winter, Firms Like Three Arrows Capital Won't Have a Place; Bitcoin Sinks Toward $20K
The crypto hedge fund, which has been one of the industry’s most prolific investors in new protocols and is also a large borrower, is facing $400 million in liquidations on its positions; ether drops 13%.

BTC Hovers Around $21K As Dow Dips Below 30,000
Global X ETFs Head of Digital Assets Adam Sze shares his thoughts on the crypto market as recession fears loom. Investors are digesting factors like the Federal Reserve's largest rate hike in 28 years, along with Celsius freezes withdrawals for its users.

Texas, Other States Open Investigation Into Celsius Following Withdrawal Freeze
Former SEC Senior Trial Counsel and Partner at Moses & Singer LLP Howard Fischer weighs in on the news that several U.S. states including Texas and Alabama are investigating Celsius Network’s decision to halt customer withdrawals.

Texas, Other States Open Investigation Into Celsius Network Following Account Freeze
The Texas State Securities Board (TSSB) has had the lending platform in its crosshairs for nearly a year.

Kevin O'Leary: We're Not at Crypto Market Bottom Yet
“Shark Tank” host and WonderFi Strategic Investor Kevin O’Leary explains why he believes the current downturn in the crypto markets isn’t over just yet. He also discusses Celsius freezing withdrawals for users, the Luna collapse, and future of stablecoin regulation in the United States.

First Mover Asia: Celsius Risks Triggered Crypto Crash, Says Huobi Group CFO; Bitcoin Wobbles but Doesn't Break Post-Rate Hike
Lily Zhang told CoinDesk the lending platform's problems were ill-timed following the collapse of the terraUSD stablecoin, and crypto prices could decline further; major altcoins regain ground.
