Celsius news articles
Celsius Drama Continues as CEO Cashes Out During Recent Short Squeeze
The CEO of bankrupt cryptocurrency lender Celsius has allegedly sold large amounts of the project’s native CEL token during the recent sur...
Singapore-Based Exchange ‘Hodlnaut’ Halts Withdrawals Citing Market Conditions
This year has thus far offered one compelling case after another on the importance of “not your keys, not your coins”. The lates...
Insolvent Crypto Lender ‘Celsius’ Claims Ownership of Customer Deposits in Court
When deeply indebted crypto lender Celsius filed for bankruptcy last week, it was well known that the company had taken enormous risks with ...
Embattled Crypto Lender ‘Celsius’ Files For Bankruptcy
In what some have described as crypto’s “Lehman moment”, troubled lender Celsius has officially filed for “financial...
Ailing Crypto Lender ‘Celsius’ Found to Have Double the Traditional Banking Risk
With an alleged assets-to-equity ratio near double that of the average US bank in late 2021, crypto lender Celsius had taken on far more ris...
Goldman Sachs is Raising $2 Billion to Buy Celsius’ Assets
Investment giant Goldman Sachs is said to be attempting to raise US$2 billion in an effort to buy the assets of distressed crypto lending fi...
Celsius and the Risk Posed by Staked ETH Losing its Peg
After pausing all withdrawals, swaps and transfers between accounts on June 13, there are now fears the popular staking platform Celsius is ...
Claims Surface ‘Celsius’ Sent $320 Million to FTX Before Halting User Withdrawals
Before halting all withdrawals this week, crypto lending platform Celsius is alleged to have quickly transferred over US$320 million worth o...
Crypto Lender ‘Celsius’ Pauses Withdrawals, ‘Nexo’ Proposes Buying It Out
Crypto services business Nexo is interested in buying “qualifying” assets from rival Celsius, since the latter appears destined ...
Crypto Lender Celsius Halts Interest Accounts for Retail Investors Amid Regulations
Effective April 15, non-accredited US retail investors will no longer be paid rewards on any new deposits into Celsius interest accounts. Th...