Celsius


Markets

Crypto Lender Celsius Admits Losses in $120M BadgerDAO Hack

However, the company didn’t specify the amount it lost.

Celsius CEO Alex Mashinsky (CoinDesk archives)

Videos

Celsius CFO Arrested on Charges Tied to Former Job at Moshe Hogeg’s Firm

Yaron Shalem, the chief financial officer of cryptocurrency lending platform Celsius, was one of the seven people arrested in Tel Aviv this month in connection with Israeli crypto mogul Moshe Hogeg. Hogeg was arrested last week on money laundering and other charges.

CoinDesk placeholder image

Finance

Celsius CFO Arrested on Charges Tied to Former Job at Moshe Hogeg’s Firm

Yaron Shalem, the CFO of crypto lender Celsius, previously worked at Singulariteam, whose founder, Hogeg, was arrested last week on money laundering and other charges.

(National Gallery of Art, modified by CoinDesk)

Finance

Celsius Network Series B Expands to $750M

The crypto lender said in October that the $400 million it raised then would reassure regulators of the credibility of its businesses.

Celsius CEO Alex Mashinsky (CoinDesk Archives)

Finance

Crypto Lender Nexo Makes Strategic Investment in SEC-Licensed Broker-Dealer

The firm’s investment into Texture Capital may be aimed at limiting regulatory scrutiny when it seeks to expand in the U.S.

Nexo co-founder Antoni Trenchev speaks at Consensus 2019. (CoinDesk archives)

Finance

Celsius Acquiring Israeli Cybersecurity Company GK8 for $115M

GK8 was founded by Lior Lamesh and Shahar Shamai, who have worked as cybersecurity experts at the Office of the Prime Minister of Israel.

(Shutterstock, modified by CoinDesk)

Videos

Crypto Lender Celsius Network Raises $400M in Bid to Reassure Regulators

Celsius Network, a crypto lender that has drawn the ire of financial regulators in several U.S. states, has raised $400 million in equity funding valuing the company at $3 billion. CEO Alex Mashinsky said the investment will help reassure regulators of the credibility of Celsius Network’s business.

CoinDesk placeholder image

Finance

Crypto Lender Celsius Network Raises $400M in Bid to Reassure Regulators

The investment gives the company a $3 billion valuation.

Celsius CEO Alex Mashinsky (CoinDesk archives)

Finance

Tether Has Loaned $1B to Celsius Network: Report

The stablecoin issuer has loaned billions of dollars to crypto companies, according to a Bloomberg investigation.

Celsius CEO Alex Mashinsky (CoinDesk archives)

Policy

Kentucky Issues Cease-and-Desist Order Against Celsius Network

The state is the fourth to take legal action against the crypto lender.

Celsius CEO Alex Mashinsky (CoinDesk archives)