The ongoing crisis of Celsius’s native token has nothing to do with the stablecoin provider Tether and will not impact its USDT reserves, according to the company. Tether issued a statement on Monday ...
Tag: Celsius
Celsius pauses withdrawals, rival firm Nexo proposes buyout
This week began with another terrible news for the cryptocurrency market. According to statistics from CoinMarketCap, Bitcoin (BTC) and Ethereum (ETH) have plummeted to fresh 52-week lows of $22,920 a...
After Celsius, Binance Temporarily Halts Bitcoin Withdrawals
Key Takeaways Binance has temporarily suspended Bitcoin withdrawals on the Bitcoin network. The exchange said that the halt was due to an “earlier batch of transactions getting stuck from low tr...
Celsius Insolvency Rumors Swirl After Company Pauses Withdrawals, Nexo Offers to Buy Firm’s Assets – Bitcoin News
On Monday, June 13, 2022, the crypto economy dropped below the $1 trillion region, as a great majority of crypto assets have lost between 10% to 25% during the last 24 hours. Meanwhile, the crypto com...
Coinbase stock falls 20% as Celsius news hits cryptocurrencies
Coinbase Global Inc (NASDAQ: COIN) opened more than 20% down this morning after a crypto lending company made an announcement that pushed Bitcoin to its lowest since the start of 2021. Celsius Network...
Celsius Network Freezes User Assets as Market Crash Worsens
On Monday, crypto lender Celsius Network, paused withdrawals, swaps, and transfers of assets between accounts on the platform, citing “extreme market conditions.” The popular crypto lending platform s...
CRYPTO- what is Celsius Crypto
Celsius Network is a regulated, SEC-approved lending platform that allows customers to earn interest on their crypto deposits or take out crypto-collateralized loans. On Sunday night, celsius, one of ...
Celsius Sends a Memo to Pause Swaps, Withdrawals, and Transfers
Celsius shared a memorandum with its users and community members on June 13. The announcement carried the team’s decision to put off all the operations like deposits, withdrawals, and transfers to for...
Celsius Pauses Withdrawals – Trustnodes
Celsius, a centralized startup that intends to defi for you, is currently undergoing a bank run situation due to significant reliance on locked staking eth. The entity itself appears to be largely sol...
Nexo Circles Celsius for Potential Loan Asset Buyout
Key Takeaways Crypto lender Nexo has offered to buy Celsisus’ qualifying assets as the rival deals with what appears to be a severe liquidity crisis. The offer, valid until Jun. 20, proposes buy...
Celsius Transferred $320M Worth of Crypto to FTX
The controversial events surrounding Celsius Network continue to unfold as the team unstaked hundreds of millions of dollars in crypto from Aave and transferred them to FTX. So far, the project has no...
Lending Platform Celsius Freezes Withdrawals, Raising Liquidity Concerns
Celsius has announced that it has paused all withdrawals on its platform from the early hours of Monday. The lending platform which is used by more than 1.7 million people in the crypto space made thi...
Celsius Plunges as Network Halts All Withdrawals
By Daniel Shvartsman Investing.com — Celsius plunged in late Sunday (ET) trading in a move that both reflected and amplified the tremors running through the crypto-currency ecosystem. Citing ...
Ghosts Of Terra Awake As Celsius Token Crashes By 50% After Firm Pauses Withdrawals ⋆ ZyCrypto
Advertisement     Users of the crypto lending platform, Celsius, have been left biting their nails following an announcement that the network has paused withdrawals, s...
Nexo offers to buy out Celsius’ loans amid withdrawal suspension
There’s a glimmer of hope for the bear market’s most recent victim. Following reports that Celsius is insolvent, Nexo is offering a buy-out. A Nexo representative told Cointelegraph that Nexo is tryin...
Celsius pauses withdrawals amid market turmoil, triggering 74% drop in CEL
? Want to work with us? CryptoSlate is hiring for a handful of positions! Celsius Network announced it had implemented a pause on withdrawals, swaps, and transfers between accounts in a notice sent Mo...
Will the Crypto Space Crash With the fear of Liquidation of Another 18K BTC Amid Celsius Network crash?
The Celsius Network has dropped more than 50% since the early trading hours and the platform quickly halted the transfers & withdrawals within no time. Additionally, the staking & lending plat...
Major Crypto Lender Celsius Suspends Withdrawals, Bitcoin Drops To 18-Month Low
Topline Major crypto lending platform Celsius on Monday announced it was suspending all withdrawals due to “extreme market conditions,” triggering a major selloff in the cryptocurrency market with Bit...
Celsius Network Suspends All Withdrawals with Immediate Effect
Lending platform Celsius, which is rumored to be suffering from an acute liquidity crisis, suspended all customer withdrawals earlier today. The severe measure leaves all ordinary customers high and ...
Celsius blocks withdrawals and transfers
Official: today Celsius announced a temporary freeze on withdrawals and transfers. .@CelsiusNetwork is pausing all withdrawals, Swap, and transfers between accounts. Acting in the interest of our com...
Bitcoin Slips Below $25,000 as Celsius and Fed Batter Confidence
Text size Bitcoin has been hurt by a loss of confidence sparked by interest-rate hikes and problems at Celsius, one of the biggest crypto lenders. Paul Yeung/Bloomberg Bitcoin, the largest cryptocurre...
Crypto Lender Celsius Stops Withdrawals, Fuels Market Slump
(Bloomberg) — Crypto lender Celsius Network Ltd. paused withdrawals, swaps and transfers on its platform, fueling a broad cryptocurrency selloff and prompting a competitor to announce a potentia...
Major Blow to Investors as Celsius Halts Withdrawals, Swaps and Transfers
50 mins ago | 2 mins read Editors News In May, the crypto-staking network allegedly had $12 billion in client assets. The token was trading at a low of $0.2117 at press time, down 52% in last 24 hours...
Major Crypto Lender Celsius Suspends Withdrawals, Bitcoin Drops Below $25,000
Topline Major crypto lending platform Celsius on Monday announced it was suspending all withdrawals due to “extreme market conditions,” triggering a major selloff in the cryptocurrency market with Bit...
Crypto Lender Nexo Plans To Acquire Celsius’ Remaining Assets
Cryptocurrency lending platform, Nexo has come forward to put an acquiring offer in front of its competitor Celsius. Earlier, Celsius announced that it will be halting all its services between the acc...
Celsius, Staked Ethereum (stETH) Are Pummeling DeFi Valuations
The DeFi space is facing a sharp drop in valuation amid concerns over the Celsius suspension and the Lido-staked Ethereum (stETH) de-pegging. Data from aggregator DeFi Llama shows that the total value...
Terra in May, Celsius in June? Why the heat is on after withdrawals halt, $200M to FTX
There’s no easy way to say this, but current crypto-market conditions can only be described as ‘extreme.’ In fact, ongoing corrections saw the price of Ether and other cryptocurrencies tumble, with ma...
Celsius Transfers $320M Worth Of BTC And ETH To Exchanges, Is It Turning Into Another Terra (Luna) Disaster?
– Advertisement – Celsius Has Paused All Withdrawals, Swaps, And Transfers Citing Bad Market Conditions – Is It Turning Into Another Terra Luna Disaster? Weeks after the collapse of Terra,...
Celsius Has Paused Customer Withdrawals
Key Takeaways Celsius has frozen customer withdrawals, swaps, and transfers due to “extreme market conditions.” The development comes amid rumors that the crypto lender is unable to contin...
Celsius Crashes 50% As the Platform Halts Withdrawals due to ‘Extreme Market Conditions’
Celsius Network – a well-known DeFi platform and one of the largest cryptocurrency lenders, announced that it is pausing withdrawals, swaps, and transfers between accounts. The market continues to tum...