Celsius
Celsius Reveals $1.2B Financial Hole; Terra Subsidiary Investigated
Celsius reveals $1.2 billion hole in balance sheet. OpenSea cutting 20% of its workforce. Circle’s reserve breakdown shows $13.58 billion cash and $42.12 billion in U.S. Treasurys. ETH2 merger closer as ninth shadow fork goes live. Report says Terra subsidiary used as funds channel for overseas affiliates. Play-to-earn games shifting focus to fun. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast"
The Fall of Celsius Network: A Timeline of the Crypto Lender’s Descent Into Insolvency
A timeline of Celsius’ battle with insolvency during the crypto crash, from the firm’s decision to limit some user activity before the “pause,” to its decision to file for bankruptcy on the advice of restructuring experts.
Bitcoin: precios de rigs de minería caen a mínimos de dos años tras bancarrota de Celsius
Se estima que la unidad minera de Celsius subastó algunos de sus equipos recién compradas a precios de liquidación en junio, antes de declararse en bancarrota.
Celsius Owed $439M by Lending Firm EquitiesFirst: Report
Celsius first borrowed from EquitiesFirst in 2019 before an overcollateralized crypto loan went sour in 2021.
Bitcoin Mining Rig Prices Slump to Near 2-Year Lows Amid Celsius Bankruptcy
Celsius’ mining unit is said to have auctioned off some of its newly purchased mining rigs at fire-sale prices back in June, before filing for bankruptcy.
Iris Energy Exec: Celsius CEO 'Gaslighting' Network Community
Iris Energy Board of Directors Mike Alfred discusses the red flags he spotted with Celsius before its implosion and reacts to CEO Alex Mashinsky's statement on the crypto lender's bankruptcy filing to the Celsius community, saying "it's gaslighting."
No, Mt. Gox Payouts Aren’t Going to Torpedo Bitcoin's Price
Mostly because honey badgers don’t care. Also, logistics.
Celsius Acknowledges $1.2B Hole in Balance Sheet
The news comes after the ailing crypto lender filed for bankruptcy protection Wednesday.
Celsius Network 'Could Stick Around' After Bankruptcy, Restructuring Expert Says
Ryan Preston Dahl joined CoinDesk TV’s “First Mover” to discuss the crypto lender's filing.
