Celsius


Policy

Crypto Lender Celsius Updates Bankruptcy Plan After Fahrenheit Deal

The plan, filed on Thursday, could face legal opposition from borrowers.

Fahrenheit's bid to buy Celsius must still be approved (Mustang Joe/Flickr)

Finance

Crypto Payment Processor Banq Files for Bankruptcy

Bankruptcy filing comes as TrueUSD stops redemptions and Haru Invest ceases operations citing problems with an unnamed partner.

Court (Tingey Injury Law Firm/ Unsplash)

Finance

USBTC Aims to Become Bitcoin Mining Giant After Deal to Buy Celsius Assets

The miner could get as much as $75 million in management fees for the Celsius mining rigs over five years.

(Getty Images)

Policy

Fahrenheit Wins Bid to Acquire Assets of Insolvent Crypto Lender Celsius

The Arrington Capital-backed grouping beat fellow bidder NovaWulf for Celsius’ assets, with the Blockchain Recovery Investment Consortium selected as back-up.

Fahrenheit won the auction for bankrupt crypto lender Celsius (Pixabay)

Policy

Fahrenheit Consortium Is Lead Bidder in Bankruptcy Auction for Celsius Assets

The assets include a loan portfolio, mining rigs and infrastrsucture and cryptocurrency worth as much as $2 billion.

(Pixabay)

Finance

Bankrupt Crypto Lender Celsius Transfers $75M of Ether to Staking Service Figment

The maneuver represents one of the largest transfers of funds for Celsius Network since it filed for bankruptcy protection in July.

Celsius ETH staking with Figment (Arkham Intelligence)

Videos

Private-Equity Giant Apollo is Part of Bid to Buy Bankrupt Crypto Firm Celsius

Apollo Global Management, the distressed-investing specialist that oversees more than half a trillion dollars of assets, is participating in a bid to acquire stricken cryptocurrency lender Celsius, according to a person familiar with the matter. "The Hash" panel discusses the potential outcomes and what this means for the fate of Celsius.

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Videos

Celsius Founder Mashinsky Rejects ‘Baseless’ Fraud Claims From New York State

Fraud claims against Alex Mashinsky are ‘baseless,’ and based on online misinformation, the Celsius co-founder and former CEO said in response to a lawsuit brought by New York State. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the latest in crypto regulation.

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Policy

Celsius CEO Mashinsky Denies ‘Baseless’ Fraud Claims by New York State

N.Y. Attorney General Letitia James said Mashinsky misled investors about the health of the now-bankrupt crypto lender.

Alex Mashinsky (CoinDesk)

Videos

Bankrupt Crypto Lender Celsius Seeks to Merge UK and U.S. Entities

Celsius is seeking to mingle its U.K. and U.S. entities as court filings allege the distinction between them was a “sham.” CoinDesk’s regulatory reporter Jack Schickler discusses the pressure faced by the bankrupt crypto lender in different jurisdictions.

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