Blockchain payments firm, Ripple Labs Inc, is reportedly interested in the bankrupt crypto lending platform Celsius Network. As reported by Reuters, a company spokesperson gave insight into the compan...
Tag: Celsius
Ripple Labs Reportedly Interested in Purchasing Crypto Lender Celsius Network’s Asset
– Advertisement – Ripple Labs Interested in Celsius Network’s Asset. The blockchain company wants to first study the importance of Celsius’ assets to its business before taking a decision....
Ripple shows interest in acquiring Celsius
Ripple Labs could be interested in buying the assets of embattled crypto lender Celsius Network, Reuters reported Aug. 10. A Ripple spokesperson reportedly said the firm was interested in looking for ...
Ripple Is Exploring a Buyout of Celsius’ Assets
Key Takeaways Ripple is exploring the possibility of buying Celsius’ assets, according to statements from a Ripple representative. Celsius has not publicly commented on the matter, nor is it cle...
Why Ripple Might Purchase Celsius Assets, Report Says
Per a report from news outlet Reuters, payment company Ripple is exploring the possibility of acquiring the assets of bankrupt crypto lender Celsius Network. The purchase might materialize via Ripple ...
Celsius’ CEO Mashinsky Dumps His $CEL Token After Short Squeeze
A $CEL address attributed to the CEO of Celsius Alex Mashinsky, by crypto intelligence firms Nansen and Arkham Intelligence, sold some of its holdings for the first time since the beleaguered lender C...
More Trouble for Celsius Netwrok as Canadian Regulators Team Up With US’s SEC
The Terra-UST collapse has led to a domino effect in the crypto space which does not appear to have settled. As Celsius Network reported a liquidity issue, the withdrawals & transfers were halted....
Canadian Watchdog Eyes Celsius, Spurred By Pension Fund Deal: Report
Quebec’s largest pension fund manager invested $150 million in a Celsius equity deal last year Celsius was not registered with securities regulators in Canadian provinces Canadian regulators have been...
Celsius troubles mount as Canadian regulators launch probe into the lender
Troubles facing collapsed cryptocurrency lending platform Celsius seem to be escalating after it emerged that Canadian regulators are working with international partners to probe the now bankrupt firm...
Canadian Regulators Probing Crypto Lender Celsius Network Alongside US: Report
Although Celsius never registered with Canada’s provincial securities regulators, authorities in the country are working with the U.S. Securities and Exchange Commission to investigate the trans-borde...
CEL Token Soars As Committee Representing Celsius Users Pledges To Investigate CEO Alex Mashinsky for Wrongdoing
The chief executive of embattled crypto lending platform Celsius (CEL) is reportedly under investigation by a committee representing its users. A new official mission statement from the committee of u...
Celsius CEO under fire as Committee of Creditors, DFPI implicate him
The Committee representing customers affected by Celsius’ bankruptcy has issued a mission statement as it seeks further investigation into CEO Alex Mashinsky for allegedly misleading the public. Unsec...
Celsius CEO Under Investigation By Creditor C…
The Celsius creditor committee has stated that it will be investigating the conduct of CEO Alex Mashinsky and other insiders. Committee To Investigate Celsius Debacle On July 27, the U.S. Trustee app...
Celsius Served With Desist And Refrain Order
Celsius Network, a cryptocurrency lender which filed bankruptcy last month has now landed into another trouble. Department of Financial Protection and Innovation (DFPI) issued an order against the len...
Celsius Creditor Committee Takes Aim at CEO Mashinsky, Other Insiders
The committee aims to prioritize interests of Celsius account holders throughout the firm’s bankruptcy It has hired legal counsel, restructuring experts and a blockchain analytics unit to help investi...
Celsius or not, here’s why CEL is up by 109% in 30 days
CEL, the native token of bankrupt cryptocurrency lending company Celsius Network LLC, has rallied by 109% in the last 30 days. On the daily chart, the token’s price movements formed a rising wedge. He...
Celsius Price Analysis: CEL Coin Rising Through an Interesting Channel, What about Breakout?
The Celsius price is trading with strong uptrend momentum inside an ascending parallel channel over the daily chart. CEL crypto has recovered above 20, 50, and 100-days Daily Moving Average. The pair ...
Celsius makes a u-turn on rehiring ex CFO
Embattled crypto firm Celsius Network has discontinued its move to rehire ex-Chief Financial Officer (CFO) Rod Bolger. Previously, the firm intended to bring the ex-CFO aboard to help with the bankrup...
Celsius Withdraws Motion To Hire Ex-CFO Following Backlash From The Community
Last week, news of Celsius’ motion to hire its ex-CFO Rod Bolger on a contract basis for $92,000 a month made the rounds. Once the community caught wind of this, users began to share their opinions of...
Celsius Wants to Sell its Mined Bitcoin. Texas Regulators Don’t Trust It
Texas regulators have asked a US bankruptcy court to deny Celsius’ request to monetize its mined bitcoin, saying it’s concerned about how the proceeds would be used. In a formal objection filed on Fri...
Celsius withdraws motion to rehire CFO at $92,000 a month
According to a court filing in the Southern District of New York, lending platform Celsius has withdrawn its motion to hire former CFO, Rod Bolger. The motion would have had the CFO paid $92,000 per m...
Celsius Won’t Bring CFO Back as Advisor For $93K Per Month After All
A Celsius backer had formally objected to bringing Bolger back, alleging he was either not well informed or intentionally misled investors Bolger said he was “happy” the lender’s liquidity practices j...
Celsius backtracks on hiring former CFO as consultant
Celsius has withdrawn its motion to rehire former CFO Rod Bolger as a consultant, according to an August 5 court filing. Reports had emerged that the firm wanted to rehire Bolger for at least six week...
Celsius UCC Makes Progress while Case Awaits Hearing – crypto.news
The Selected Unsecured Creditor’s Committee mandated with championing the rights of Celsius unsecured creditors have chosen the White & Case LLP – Pesce & Colodny law firm to represent their p...
Celsius Withdraws Motion to Rehire Former CFO
Celsius Network has withdrawn its motion to hire former CFO Rod Bolger back. The company had planned to hire him to help with the bankruptcy proceedings. Lending platform Celsius has withdrawn its mot...
Before Crypto Lender Celsius Crashed, CEO Alex Mashinsky Was Known for Big Ideas and Battles
For some 30 years, Alex Mashinsky barreled into whatever was the hot technology of the time, promising revolutions in long-distance calling, airport rides and, most recently, crypto. He often left a t...
Celsius Network Update: Investors Turn to the Court for Assistance
Celsius Network, the formerly massive cryptocurrency financing organization, is embarking on bankruptcy proceedings. The network intends to defend itself against allegations that it was running a Ponz...
Bitcoin Consolidation Continues on Low Trading Volume, Celsius Recovers 30% Weekly
Bitcoin continues to range around $23,000 after another day without any decisive moves in either direction. The weekend is quite calm for the altcoins as well. Most are slightly in the red on a daily ...
Celsius Investors Seek Help from Court; Latest Proceedings – crypto.news
The formerly giant cryptocurrency lending company Celsius Network is going through bankruptcy hearings, hoping to defend itself against accusations that it was operating a Ponzi scheme. The network is...