Investors Not Looking to Bail Out Struggling Celsius Network (Report)

Amid the challenges plaguing the cryptocurrency lending firm Celsius Network, there are reports that investors may not provide more funds to bail the platform out of the troubled waters. No Investor B...

Circle Rolls out New Euro Stablecoin on Ethereum Network

Global payments company Circle announced Thursday it is rolling out a new stablecoin dubbed Euro Coin (EUROC) to facilitate on-chain transactions and extend the accessibility and use cases of the Euro...

Celsius Network Cites More Distress, No Support From Its Largest Investors

Celsius Network LLC, the struggling crypto lending service, is likely to tackle its financial fights alone, according to numerous sources obtained by WSJ. This is because the firm is unlikely to get f...

Bastyon Crypto Social Network Integrates TOR Network and Releases Post Advertising for Pocketcoin (PKOIN) – Press release Bitcoin News

press release PRESS RELEASE. Bastyon as the Web 3.0 Social Platform Most crypto projects are nothing but cones of a few successful coins. Bastyon, on the other hand, is a fast-growing social platform ...

Texas, New Jersey, Alabama and other US states have launched an investigation into Celsius Network

? Want to work with us? CryptoSlate is hiring for a handful of positions! The move by Celsius Network (CEL) to block consumer withdrawals is being looked at by several US jurisdictions, including the ...

Here’s Why Theta Network (THETA) Rallied 20% Overnight

The Theta Network (THETA) has emerged as one of the top gainers among the top cryptocurrencies. Its token prices have jumped by a whopping 20% in the past 24 hours. THETA to drop Sony NFTs As the glob...

Lightning Network now supported on bitcoin e-commerce savings site Purse.io » CryptoNinjas

Purse.io, a platform that enables users to receive discounts when shopping for any product on Amazon by matching Shoppers with Earners (users who wish to exchange their Amazon gift cards for bitcoin),...

We’re an entertainment app, not a social network like Facebook

ByteDance Ltd.’s TikTok app is displayed in the App Store on a smartphone in an arranged photograph taken in Arlington, Virginia. Andrew Harrer | Bloomberg | Getty Images TikTok is fully aware t...

Crypto Research Company Kaiko Says Celsius Network Is Left With Limited Options to Remain “Solvent”

– Advertisement – As the Celsius issue continues, crypto research firm Kaiko gives tips on how the lending platform can remain solvent. With Celsius Network finding itself in troubled wate...

Bitcoin and Lightning Network can save DeFi

Bitcoin provides a sound ethical foundation for DeFi BTC Price at the time of writing – $21,126.69 Saylor suggested that Bitcoin and Lightning could help stabilize the industry Considering the new del...

Here’s Why Bankruptcy May Be The Only Option For Celsius Network

Celsius Network appears to be on the brink of insolvency, and bankruptcy may be the only option for one of the largest centralized crypto lending platforms. Celsius is currently exploring every option...

NFT Marketplace Opensea Migrates to Seaport Protocol, Transition to Cut Network Fees by 35% – Technology Bitcoin News

On Tuesday, the leading non-fungible token (NFT) marketplace in terms of all-time sales, Opensea, announced it is migrating to Seaport, an open source Web3 marketplace protocol. Opensea says the Seapo...

Celsius Network Game Over ! Here’s Why Bankruptcy Seems Imminent

Celsius is presently investigating all possibilities to avoid insolvency, including consulting restructuring attorneys to address its financial issues. This also includes appointing Citigroup to assis...

Swapped Finance, the Next-Gen AMM, Launches on Shardeum Network

Swapped Finance recently announced its launch on the Shardeum blockchain. The platform will introduce a DEX (decentralized exchange), Staking, Yield Farming, and an AMM (automated market maker) to Sha...

Binance support For Neo (NEO) Network Upgrade

2 hours ago | 2 mins read Editors News The upgrade will add  two new opcodes MODMUL and MODPOW. No new tokens issued in the upgrade. Today, Binance, the largest crypto exchange by trading volume, has ...

Following Insolvency Fears, Celsius Network Taps Citigroup To Guide Financial Options

Troubled Celsius Network has hired US banking giant Citigroup to advise it on possible solutions aimed to bail out its business, three days after the major crypto lending firm appeared to witness bank...

Celsius Network hires restructuring attorneys to assess financing options

Celsius Network, a reputable cryptocurrency lender, has reportedly hired restructuring attorneys. The attorneys from the Akin Gump Strauss Hauer & Feld LLP will assist the company with its current...

Bitcoin and Lightning Network can save DeFi from adversity: MicroStrategy CEO

In light of the recent fragility in the decentralized finance (DeFi) sector, Bitcoin (BTC) maximalist and MicroStrategy CEO Michael Saylor feels that Bitcoin and the Lightning network can come to the ...

After Pausing Its Withdrawals The Celsius Network Is Looking Into Financial Restructuring Options Report

Celsius is also searching for additional financing possibilities from other investors, according to the WSJ, but is also considering other measures, such as financial restructuring, to keep afloat dur...

Bitcoin’s Lightning Network Is the Answer to DeFi’s Fragile Market Says Michael Saylor

The decentralized finance (DeFi) market has never been in a bad state than now with two big protocols – Terra and Celcius – facing major crises within a month’s time. Some analysts told Bloomberg that...

Cherry Successfully Launches Network Mainnet

Cherry, the smart contract-enabled decentralized file storage protocol built for the user-focused Web3 of the future, has reported its successful launch of the network mainnet. With the launch, Cherry...

Spritz Finance Announces Launch Of Its Bill Pay Product Beta On Polygon Network

Advertisement &nbsp &nbsp Spritz Finance is elated to announce that its beta testing for its bill pay product is now open to all Polygon Network users. Spritz Finance is a Web...

Algorand oracle network Goracle teams with Algorand dev firm HEADLINE

Goracle (recently re-branded from Algoracle), a decentralized oracle network that is built on Algorand, has announced a new partnership with HEADLINE, a Texas-based blockchain development company. HEA...

Oasis Network (ROSE) Sweeps June 2021 Lows

Oasis Network (ROSE) has swept the lows of a long-term horizontal support area but has yet to break down below it. ROSE has been falling since reaching an all-time high price of $0.598 on Jan. 10, 202...

Romania’s ICI Bucharest Taps Elrond Network to Build Web3 Decentralized Domains and Institutional NFT Marketplace – crypto.news

Romania’s National Institute for Research and Development in Informatics – ICI Bucharest (ICI) today announced it is using the highly scalable and carbon-negative Elrond Network blockchain to build an...

Aftermath of the Celsius Network Collapse, What is the Impact on Crypto Space

The crypto space now has fallen prey to a couple of flaws or one can say a technical failure that has dragged the global crypto market capitalization below $1 trillion. Bitcoin prices have reduced to ...

Spritz Finance bill pay beta launches on Polygon Network

Greenwich, Connecticut, 14th June, 2022, Chainwire Spritz Finance, a Web3 personal finance platform for decentralized finance (DeFi) users to easily pay their bills with crypto, announced today that t...

What’s Going on With Celsius Network and Why Is It a Huge Risk for Crypto (Opinion)

Celsius Network has been at the tip of everyone’s tongue over the past week, and not without a reason. The platform is at the forefront of the ongoing cryptocurrency storm and market downturn. A coupl...

The Network Upgrade And Hard Fork For Firo Gets Binance Support

Binance has published a post announcing its support for the Firo network upgrade and hard fork. The process is scheduled for June 16, 2022, at 12:00 UTC. Deposits and withdrawals of FIRO will be suspe...

Celsius Network Struggles To Stay Afloat With Mounting DAI Debt As Bitcoin Price Drop Threatens Heavy Liquidation

– Advertisement –   Bitcoin’s price decrease is pressuring the Celsius Network into taking on more DAI debt as it battles to tablelike its ecosystem. Bitcoin’s downward price action is thr...

Dogecoin Founder Blasts Celsius Network Says First Terra And Now Celsius Causing Collapse of Crypto Market 

– Advertisement – The co-founder of Dogecoin is not mincing words as he calls both Terra and Celsius “stupid ass shit.” Billy Marcus, the co-creator of Dogecoin (DOGE), has poured out his ...