Celsius

Crypto lender Celsius backed its token, benefiting insiders – the US bankruptcy examiner

SINGAPORE/LONDON, Jan 31 (Reuters) – Bankrupt crypto lender Celsius Network used investor money and customer deposits to back its own token, inflating its balance sheet while two of its founders cashed in millions, a report issued by a U.S. court investigator said. . Tuesday showed. Crypto lenders like Celsius have boomed during the COVID-19 pandemic, …

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Once valued at $1.5 billion, crypto payment provider Wyre will shut down by the end of January

Editor’s note: With so much market volatility, stay tuned for daily news! Catch up in minutes with our quick summary of today’s news and must-read expert opinions. Sign up here! (Kitco news) – The ongoing crypto winter has devastated crypto payment service provider Wyra, which will reportedly shut down its services by …

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FTX, Luna, Celsius, Voyager: The Year of Crypto Bankruptcy

When it comes to cryptocurrencies, bitcoin usually dominates. The public has often confused the most popular digital currency as one that represents the entire cryptocurrency industry. Since it was created by one or more anonymous people in 2009, bitcoin has always been given a leading role. Cryptocurrency enthusiasts see the most prominent cryptocurrency as a …

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Celsius Network evaluates crypto mining bids

Celsius Network has reportedly received multiple offers for its cryptocurrency mining platform and operations. The bankrupt cryptocurrency lender told a bankruptcy court on Tuesday (December 20) that it has received offers for its retail platform, its mining business and a combination of both, Bloomberg he reported Tuesday (December 20). The terms of the bids were …

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