Celsius
Tesla’s Bitcoin Dump; Zipmex Freezes Withdrawals
Bitcoin slips after Tesla announcement, but analysts say we could have seen the bottom. Crypto trading volumes in India recover. Polygon’s ZK solution aims to slash current layer 1 Ethereum network costs by 90%. Singapore-based Zipmex freezes withdrawals. Documents reveal Vauld owes retail customers $363 million.
‘A Damaged Brand’: Former Celsius Employee on the Crypto Lender’s Mismanagement and Alleged Token Manipulation
Timothy Cradle, former compliance and financial crimes director at crypto lender Celsius Network, joined CoinDesk TV’s “First Mover” to discuss the platform’s alleged questionable practices.
Coinbase Had No Financial Exposure to Troubled Celsius, Three Arrows Capital, Voyager
The crypto exchange said it hasn't been hurt by the crypto companies that are all seeking bankruptcy protection.
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.
Ex-CFTC Chairman Discusses Celsius' Bankruptcy and CBDC Adoption
The former Commodity Futures Trading Commission chief joined CoinDesk TV’s “First Mover” to discuss why the bankruptcy of lender Celsius Network could set legal precedent in future crypto hearings, and why the likelihood of CBDC adoption worldwide could be based on Chinese technology.
Celsius Bankruptcy Filings Hint Retail Customers Will Bear Brunt of Its Failure
The New Jersey-based crypto lender has a $1.2 billion hole in its balance sheet and will likely struggle to pay back its customers and creditors.
Chris Giancarlo: Celsius Bankruptcy Filing is 'Mile Marker' for Crypto Industry
Former CFTC Chair Chris Giancarlo discusses the potential regulatory outcomes from crypto lender Celsius' first bankruptcy hearing today. “It’s going to be one of those mile markers in the progression of this new asset class,” Giancarlo said.
Celsius Outlines Next Steps as Bankruptcy Proceedings Begin
The insolvent crypto lender has said that it will give customers an option of staying "long crypto" or receiving a discounted cash settlement.
