USDC frenzy, over $4.4b minted, over $4.2b burned on Feb. 10

The USD Coin (USDC) stablecoin has seen a frenzy of activity on Feb. 10, 2023, with many billions worth of the stablecoin burned and minted on the Ethereum (ETH) blockchain for an increase in USDC sup...

Federal judge gives Celsius Network control of $4.2b in client assets

Chief Judge Martin Glenn of the United States Bankruptcy Court for the Southern District of New York, in a Jan. 4 ruling, said the $4.2 billion of assets that had been locked in Celsius Network LLC’s ...

Judge rules $4.2B belongs to Celsius

A new update regarding the Celsius bankruptcy case came on Jan. 4 as Judge Martin Glenn ruled that the funds deposited to Earn Accounts, which amount to $4.2 billion, are the property of Celsius, not ...