Celsius

Celsius

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DoNotPay CEO Wants to ‘Give Little Guys the Power’ to Sue Celsius

DoNotPay CEO Joshua Browder joined CoinDesk TV’s “First Mover” to discuss how retail investors can file claim suits against Celsius Network to attempt to recover their assets as the lender faces insolvency.

DoNotPay CEO Joshua Browder on CoinDesk TV’s “First Mover.” (CoinDesk TV, modified)

Markets

First Mover Americas: Bitcoin Drops After CPI Data Comes In Hotter Than Expected

The latest price moves in crypto markets in context for July 13, 2022.

(Pixabay/Geralt)

Finance

Celsius is ‘Deeply Insolvent,’ Alleges Vermont Department of Financial Regulation

The troubled lender lacks the assets and liquidity to honor its obligations to investors, DFR said.

Alex Mashinsky, Founder and CEO of Celsius Network (CoinDesk)

Markets

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.

Consensus 2019 Alex Mashinsky Founder and CEO Celsius Network (CoinDesk)

Policy

California Is Investigating ‘Multiple’ Crypto Lending Companies

The state’s Department of Financial Protection and Innovation is looking at whether firms that have suspended customer withdrawals and transfers have violated its laws.

California's state flag (Getty Images)

Videos

Bitcoin Below $20,000; Voyager Refund Questions

Bitcoin price sinks below $20K ahead of U.S. CPI data. Voyager users to get back USD deposits; crypto refund plan uncertain. Celsius repays over $113 million in debt, recovers $122 million in collateral. Financial Stability Board highlights stablecoins in work on crypto regulation. Bank for International Settlements says cross-border payments key to CBDC development. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Recent Videos

Videos

DoNotPay Aims to Help Crypto Traders Claw Money Back From Celsius

DoNotPay CEO Joshua Browder discusses how his company is aiming to help retail investors get their money back from Celsius after the crypto lender has frozen withdrawals for its users. “It gives the little guy power to take action,” Browder said.

CoinDesk placeholder image

Markets

Celsius Reclaims $410M of 'stETH' Tokens After Paying Down $81M Debt to Aave

The embattled crypto lender Celsius is inching closer to fully paying off its loans from decentralized finance protocols, reducing its outstanding debt to $59 million.

Alex Mashinsky, founder and CEO of Celsius Network, at Consensus 2019 (CoinDesk)

Policy

Looking at the Claims Celsius Operated Like a Ponzi

A new lawsuit alleges that a major crypto lender was, in fact, a Ponzi scheme. Happy Tuesday folks.

The Celsius booth at Bitcoin Miami 2022 (Danny Nelson/CoinDesk)

Markets

Celsius Reclaims $172M Collateral From Aave, Compound

The liquidity-strapped crypto lender has paid down $95 million in debt from the two DeFi platforms since Friday.

Alex Mashinsky, founder and CEO of Celsius Network, at Consensus 2019 in New York (CoinDesk)