Latest from Krisztian Sandor
Celsius CEO Cashed in After Bankrupt Crypto Lender's Token Surged
This is the first time the address attributed to co-founder Alex Mashinsky was used since the company froze withdrawals and entered bankruptcy.
Former Terra-Affiliated Project Kujira to Issue Stablecoin
The USK token is set to maintain its price peg by combining overcollateralization of ATOM tokens with trading incentives.
Bankrupt Lender Celsius’ Token Surges on Twitter-Driven Short Squeeze
CEL has gained about 300% since Celsius filed for bankruptcy last month.
Nexo, Crypto Lender on Prowl for Ailing Rivals, Faces Declining Deposits
An analysis of crypto lender Nexo's attestations, including older data retrieved using the Wayback Machine, reveals just how much its deposits have declined in recent months.
Celsius Lays Out Mining-Focused Reorganization Plan at First Bankruptcy Hearing
The first day hearing revealed Celsius is betting big on its also-indebted mining operation to help fill the $1.2 billion hole in the company’s balance sheet.
Celsius Acknowledges $1.2B Hole in Balance Sheet
The news comes after the ailing crypto lender filed for bankruptcy protection Wednesday.
Circle’s Detailed Reserve Report Shows Only Cash, Short-Term Treasurys Back USDC Stablecoin
The asset breakdown comes at a time when crypto firms and their finances are under increasing scrutiny in the ongoing crypto credit crisis.
Wobble in stETH's Price Shows Fear Celsius Might Dump $435M Stake
The discount on stETH, a derivative of ether, surged as the crypto lender reclaimed and then transferred almost 10% of the total supply of the token.
Celsius Pays Off Last DeFi Loan, Reclaims Nearly $200M of Wrapped Bitcoin From Compound
The troubled crypto lender previously paid off loans from Aave and Maker.
Celsius Pays Off Aave Loan, Moves $418M 'stETH' Stack to Unknown Wallet
The liquidity-stricken crypto lender fully paid off its debt to the decentralized finance protocol, freeing $26 million in tokens as part of its latest debt restructuring maneuver.
