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Celsius

Celsius owes $4.7B to customers as first bankruptcy hearing takes place
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19 July, 2022

Celsius owes $4.7B to customers as first bankruptcy hearing takes place

Monday’s hearing in the Southern District of New York also revealed that Celsius’ proposed pathway to recouping its massive losses...
Celsius Network is bankrupt—this is getting ridiculous
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15 July, 2022

Celsius Network is bankrupt—this is getting ridiculous

Celsius Network has an estimated 100,000 creditors and has $12 billion under management as of May 2022, although it's unclear...
Celsius: New lawsuit from ex-employee accuses digital assets lender of fraud
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11 July, 2022

Celsius: New lawsuit from ex-employee accuses digital assets lender of fraud

The suit accuses Celsius as a Ponzi scheme and states that the lender refused to honor its contractual obligation to...
Is it the end of the era? Or just the end of the latest pump cycle?
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6 July, 2022

Is it the end of the era? Or just the end of the latest pump cycle?

Looking around now at the constant stream of insolvencies cropping up in the industry, it is clear that we are...
Contagion spreads in digital currency markets as Vauld suspends withdrawals
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5 July, 2022

Contagion spreads in digital currency markets as Vauld suspends withdrawals

Just as things seemed to be settling down in the digital currency space, Vauld, a lender backed by Coinbase, has...
The case for a multi-year digital currency bear market
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5 July, 2022

The case for a multi-year digital currency bear market

The conditions are ripe for a long ‘crypto winter’ from which many coins will never recover, and as we can...
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