Celsius

Today in Crypto: Circle Reveals USDC Reserve Assets; Celsius Details Billion-Dollar Budget Hole in Chapter 11 Filings
Today in Crypto: Circle Reveals USDC Reserve Assets; Celsius Details Billion-Dollar Budget Hole in Chapter...
July 14, 2022  |  Cryptocurrency

Circle has said it wants to add more transparency to its operations, and has begun to share mint and burn data for its USD Coin...

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Crypto Lender Celsius Files for Chapter 11 Bankruptcy
Crypto Lender Celsius Files for Chapter 11 Bankruptcy
July 13, 2022  |  Cryptocurrency

Celsius Network, the embattled crypto lender, filed for Chapter 11 bankruptcy Wednesday (July 13) a month after it had frozen customer accounts, according to the...

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California Regulator Probes Crypto Lenders Over Withdrawal Suspensions
California Regulator Probes Crypto Lenders Over Withdrawal Suspensions
July 13, 2022  |  Cryptocurrency

The California Department of Financial Protection and Innovation (DFPI), which looks into operations of state-licensed financial institutions, will be investigating whether crypto-asset companies that suspended...

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Crypto Basics Series: How Does Centralized Crypto Lending Work?
Crypto Basics Series: How Does Centralized Crypto Lending Work?
July 08, 2022  |  Cryptocurrency

“Bitcoin,” “blockchain” and “cryptocurrency” are words that most people have at least heard of since the industry exploded into the mainstream public consciousness over the...

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Sam Bankman-Fried’s Buyouts Aren’t Stopping Crypto’s Dominoes From Falling
Sam Bankman-Fried’s Buyouts Aren’t Stopping Crypto’s Dominoes From Falling
July 05, 2022  |  Cryptocurrency

Sam Bankman-Fried’s stated goal of stopping a few insolvent crypto lenders from cascading into a failed string of dominoes is starting to look a lot...

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Today in Data: Continuing Crypto Struggles
Today in Data: Continuing Crypto Struggles
July 05, 2022  |  Today In Data

Today in data, cryptocurrency markets continue to lose value, while the number of crypto users at one of America’s biggest banks drops by more than...

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Today in Crypto: Three Arrows Capital Files for Bankruptcy; Celsius Hits Three Week Mark of Closed Withdrawals
Today in Crypto: Three Arrows Capital Files for Bankruptcy; Celsius Hits Three Week Mark of...
July 03, 2022  |  Cryptocurrency

Babel Finance, a cryptocurrency firm that is bending under the weight of significant debt, is looking to hire U.S. restructuring specialist firm Houlihan Lokey, CoinDesk...

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FTX Passed on Celsius After Seeing Balance Sheet
FTX Passed on Celsius After Seeing Balance Sheet
June 30, 2022  |  Cryptocurrency

Cryptocurrency exchange operator FTX was contemplating a deal to bail out troubled Celsius but ultimately walked away because the crypto lender’s balance sheet added up...

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Can DeFi Survive If Sky-High Returns Are a Thing of the Past?
Can DeFi Survive If Sky-High Returns Are a Thing of the Past?
June 28, 2022  |  Cryptocurrency

Decentralized finance (DeFi) entered the public consciousness in 2021 by offering both small and large crypto owners sky-high interest rates for what was often described...

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