Celsius Network Transfers  Billion of ETH to Exchanges: Reason to Worry?

Celsius Network Transfers $1 Billion of ETH to Exchanges: Reason to Worry?

The bankrupt cryptocurrency lender Celsius Network has executed large transfers involving roughly $1 billion in ether (ETH) to centralized crypto exchanges Coinbase and Paxos, probably in preparation for its creditor repayment schedule.... Read more »
Celsius transfers 5M of ETH to exchanges as FTX and Alameda dump

Celsius transfers $125M of ETH to exchanges as FTX and Alameda dump

Embattled crypto lender Celsius has shifted more than $125 million worth of its Ether (ETH) to crypto exchanges over the past week amid plans to begin repaying creditors.  Between Jan. 8 and... Read more »
Celsius to execute mining operations with Hut 8 despite bankruptcy proceedings | CryptoTvplus

Celsius to execute mining operations with Hut 8 despite bankruptcy proceedings | CryptoTvplus

Hut 8 Corp. a leading digital asset mining and high-performance computing infrastructure provider, has entered into an interim agreement to develop and install mining operations at a site in Cedarvale, Texas, as... Read more »
FTX and Celsius Deposit Large Amounts of Ethereum on Exchanges, ETH Price Drop soon?

FTX and Celsius Deposit Large Amounts of Ethereum on Exchanges, ETH Price Drop soon?

The world’s second-largest cryptocurrency Ethereum (ETH) has been showing some good price action with the ETH price shooting all the way to $2,300 earlier this week. At press time, ETH is trading... Read more »
Celsius Customers Given Access to Withdrawal Process

Celsius Customers Given Access to Withdrawal Process

The United States Bankruptcy Court for the Southern District of New York has specified the process through which customers of the defunct crypto lending platform Celsius can retrieve their cryptocurrency assets. “Holders... Read more »
FTX and Celsius Deposit Large Amounts of Ethereum on Exchanges, ETH Price Drop soon?

Celsius Opens Withdrawals for Eligible Crypto Holders

In a significant development, Celsius, the cryptocurrency lending platform that filed for bankruptcy in July 2022, has begun opening withdrawals for some of its users. This move marks a pivotal moment for... Read more »
Celsius Network To Increase Creditor Payouts In Ch. 11 Exit

Celsius Network To Increase Creditor Payouts In Ch. 11 Exit

By Emily Lever (November 21, 2023, 8:16 PM EST) — Cryptocurrency investment platform Celsius Network said it has tweaked its confirmed Chapter 11 plan ahead of the launch of its new crypto... Read more »
Celsius restarts from crypto mining

Celsius restarts from crypto mining

Celsius, the crypto company that went bankrupt in June last year, is ready to reopen.  In fact, the bankruptcy proceedings have not yet been fully completed, but appear to be nearing completion. ... Read more »
Crypto firms Celsius and Core Scientific settle dispute

Crypto firms Celsius and Core Scientific settle dispute

The dispute between the two companies initially arose in October 2022. The Texas-based data center will likely become part of Celsius’ mining operations. Core Scientific has reached a settlement agreement with Celsius... Read more »
FTX creditors list, BlockFi .2B exposure and new Celsius token…

FTX creditors list, BlockFi $1.2B exposure and new Celsius token…

Top Stories This Week FTX creditor list shows airlines, charities and tech firms caught in collapse The complete list of creditors owed cash by the bankrupt cryptocurrency alternate FTX has been launched,... Read more »