Celsius


Layer 2

Crypto Lending Platforms 'Should Be Regulated': Former CFTC Chairman

“A lot of people have losses who didn't understand the risks they were taking,” Timothy Massad said on CoinDesk TV’s “First Mover.”

Timothy Massad (CoinDesk TV screenshot)

Layer 2

Crypto Market Chaos: No, Lido Is Not ‘the Next Terra’

After over $1 billion in liquidations in just 24 hours, DeFi’s wild west period may be drawing to a close – but not everything’s a sham.

(Jaroslaw Kwoczala/Unsplash)

Finance

Celsius Troubles, UST Collapse May Help Crypto Long Term, FSInsight Says

The firm sees good buying opportunity now for bitcoin.

Celsius CEO Alex Mashinsky (CoinDesk archives)

Finance

Tether Denies Claims of Asian Commercial Paper Backing, Exposure to Three Arrows Capital

Tether described certain rumors spreading to this effect as "completely false and likely spread to induce further panic."

(Shutterstock)

Finance

Crypto Lender Celsius Hires Restructuring Attorneys, WSJ Reports

Celsius announced early Monday it would pause withdrawals along with its swap and transfer products, citing "extreme market conditions."

(Getty Images)

Layer 2

Swan Bitcoin CEO Calls Celsius Withdrawal Freeze ‘So Opaque’

Cory Klippsten said on CoinDesk TV’s “First Mover” program that the crypto lending platform had misled investors.

Swan Bitcoin CEO Cory Klippsten (CoinDesk TV, modified by CoinDesk)

Markets

'Staked Ether' Becomes Focus of Crypto Stress, From Celsius to Three Arrows

The price gap between the locked-up ether on Lido and spot ether jumped to record highs as large holders sell their tokens, drawing concern of a potential ripple effect on crypto lending markets.

The first cracks between the price of staked ether and ether emerged when the Terra ecosystem imploded in early May. (Unsplash)

Markets

Market Wrap: BTC Tumbles Further Ahead of Fed Meeting; Extreme Fear Among Traders

Bitcoin hovered around $22,000, down about 5% over the past 24 hours.

(Jan Baborák/Unsplash)

Videos

Celsius’s CEL Token Jumps 8-Fold in Intraday Spike

Aztec Network’s Jonathan Wu weighs in on crypto lending service Celsius pausing withdrawals for its users and why the platform’s CEL token jumped to an intraday high.

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