Celsius Network

Markets

Celsius network

Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

The embattled crypto lender has deposited $745 million of ETH to staking contracts in the last two days, significantly stressing the already-long waiting time to deploy new validators to the Ethereum network.

By Krisztian Sandor

Sponsored

Jun 2, 2023 at 11:40 p.m. UTC

Jun 2, 2023

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Video

Celsius network

Fahrenheit Wins Bid to Acquire Assets of Insolvent Crypto Lender Celsius

Crypto consortium Fahrenheit has won a bid to acquire insolvent lender Celsius Network, whose assets were previously valued at around $2 billion, according to court filings. "The Hash" panel discusses what this means for Celsius' bankruptcy case.

By CoinDesk Staff

Sponsored

May 25, 2023 at 4:50 p.m. UTC

May 25, 2023

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Finance

Celsius network

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.

By Krisztian Sandor

Sponsored

May 15, 2023 at 12:23 p.m. UTC

May 15, 2023

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Finance

Exclusive

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

The $500 billion-plus firm is involved in NovaWulf's offer for Celsius, according to a person familiar with the matter.

By Ian Allison

Sponsored

May 8, 2023 at 5:11 p.m. UTC

May 8, 2023

Exclusive Celsius Networkapollo global management

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Video

Celsius network

JPMorgan Is Cutting Ties With Crypto Exchange Gemini: Source; Celsius Bankruptcy Developments

JPMorgan is ending its banking relationship with Gemini, the cryptocurrency exchange owned by Cameron and Tyler Winklevoss, according to a person familiar with the situation. Separately, a judge ruled that Celsius Network should continue to have the exclusive right to prepare a plan for exiting bankruptcy until the end of March. 

By CoinDesk Inc

Sponsored

Mar 8, 2023 at 8:17 p.m. UTC

Mar 8, 2023

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Markets

Celsius

Embattled Crypto Lender Celsius Allocates $25M for Withdrawals, Burns $500M in WBTC

Celsius Network established a crypto wallet with $25 million of crypto assets for the lender’s custody account holders to withdraw, Arkham Intelligence said in a report. Eligible customers have withdrawn some $17.7 million of crypto assets, the firm’s chief executive said in a Wednesday court hearing.

By Krisztian Sandor

Sponsored

Mar 8, 2023 at 6:55 p.m. UTC

Mar 8, 2023

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Video

Singapore

Singapore Authorities Probing Do Kwon’s Terraform Labs: Bloomberg

Singapore's police said they have started to investigate Terraform Labs the company behind the failed terra USD UST stablecoin according to a Bloomberg report on Monday The Hash panel discusses the latest developments after the collapse of Terra USD last year led to a wave of bankruptcies in the crypto industry including those of hedge [...]

By CoinDesk Inc

Sponsored

Mar 6, 2023 at 5:57 p.m. UTC

Mar 6, 2023

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Video

Celsius network

Bankrupt Crypto Lender Celsius Resumes Withdrawals for Certain Custody Accounts

Bankrupt crypto lender Celsius Network is allowing withdrawals of assets in certain custody accounts. Eligible users will be able to withdraw all the funds in their accounts up to a certain limit, the company said in an earlier blog post. "The Hash" panel discusses the latest in the downfall of Celsius Network.

By CoinDesk Inc

Sponsored

Mar 3, 2023 at 6:02 p.m. UTC

Mar 3, 2023

Celsius NetworkcdtvHash clipBankruptcy

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Policy

Bankruptcy

Bankrupt Crypto Lender Celsius Reopens Withdrawals for Certain Custody Accounts

The firm paused withdrawals last June, citing extreme market conditions.

By Camomile Shumba

Sponsored

Mar 3, 2023 at 2:44 p.m. UTC

Mar 3, 2023

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Finance

Regulations

Celsius Failed to Record Some 7,000 Intercompany Transfers Worth Billions Leading Up to Bankruptcy

A lack of record-keeping could make it impossible to "fully reconstruct" the bankrupt crypto lender's multi-billion-dollar intercompany claim, court filings show.

By Sandali Handagama

Sponsored

Feb 17, 2023 at 11:52 a.m. UTC

Feb 17, 2023

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