Celsius Network

Wyre is the next digital currency company to shut down
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22 June, 2023

Wyre is the next digital currency company to shut down

Withdrawals in Wyre will be available until July 14, after which there will be a recovery process for the digital...
IMF reminds policymakers of need for tighter digital currency regulations
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15 April, 2023

IMF reminds policymakers of need for tighter digital currency regulations

The IMF insists that stringent laws and heightened monitoring of the digital asset market are crucial to prevent the recurrence...
P2P marketplace Paxful cites regulatory pressure as it suspends services
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5 April, 2023

P2P marketplace Paxful cites regulatory pressure as it suspends services

Celsius bankruptcy and an ongoing legal dispute between Paxful's co-founders likely also played a part in the P2P marketplace shutdown.
Celsius bankruptcy judge authorizes discount sale of Bitmain coupons
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21 February, 2023

Celsius bankruptcy judge authorizes discount sale of Bitmain coupons

Following a ruling, Celsius debtors have been permitted to sell their Bitmain coupons, which offer mining rig buyers up to...
US gov’t, creditors oppose Celsius’ proposed restructuring extension
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14 February, 2023

US gov’t, creditors oppose Celsius’ proposed restructuring extension

The U.S. Trustee, unsecured creditors, and an ad hoc group of borrowers all filed objections against the extension, saying Celsius...
Celsius tosses scraps to victims, Alex Mashinsky thought himself infallible
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2 February, 2023

Celsius tosses scraps to victims, Alex Mashinsky thought himself infallible

Jenner & Block attorney Shoba Pillay, the bankruptcy court-appointed examiner of the collapsed Celsius crypto lending platform, released a 689-page...
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