[ad_1] Embattled crypto lender Celsius Network is shaking up its ether (ETH) staking strategy, congesting the already month-long queue to activate new validators on the Ethereum network. Over the course…
[ad_1] Crypto lender Celsius Network, which is currently operating under bankruptcy protection, has established a crypto wallet with $25 million of digital assets for Celsius’ custodial account holders to withdraw,…
[ad_1] “I have sufficient funds on hand to pay Genesis the sums allegedly owed, and I’m happy to pay what I actually owe,” wrote Ver, who now advocates for the…
[ad_1] In July, the lender asserted several “technical events of default,” which led to taking control of Compute North assets. Generate Capital exercised its voting rights to take over Compute…
[ad_1] Celsius initiated bankruptcy proceedings earlier this summer after freezing users withdrawals on its platform in June due to “extreme market conditions.” Trouble began for the firm when spooked retail…
[ad_1] The firm, which allows qualifying clients to invest in crypto companies, security tokens and alternative financial products such as bitcoin-centered retirement plans, said it also plans to help distressed…
[ad_1] According to Ferraro, since its last filing on July 29 Celsius has spent $40 million of its cash balance primarily on building out its mining site in Texas and…
[ad_1] Eight days past, the crypto loaner Hodlnaut declared that the platform was suspending withdrawals citing volatile market conditions. The corporation says it’s seeking judicial management that aims to “provide…
[ad_1] Celsius lawyer Josh Sussberg disclosed the receipt of cash-injection offers during a Tuesday bankruptcy hearing but didn't say how big the offers were. Moving hastily on this is “mission…
[ad_1] The firm lost around 8,000 bitcoin (BTC) and 56,000 ether (ETH) in June in forced liquidations as the crypto market plunged to an 18-month low, sending bitcoin below $20,000,…