Celsius Network

Not many can say that they’ve gone from multibillionaire to becoming essentially worthless in a matter of days but then again, not many have a story quite like Sam Bankman-Fried (SBF). …

Hey folks, if you‘re one of the unfortunate souls like me that got rugged by Celsius last year, you may have lost hope that you were ever going to see any of your funds returned, for I certainly had. …

Celsius saved? — Hey Peeps! On February 15th, Celsius submitted a reorganization plan, to the U.S. Bankruptcy Court of the Southern District of New York, that calls for an full sale and reorganization of Celsius as a new company. Out of the 40 potential bidders, Celsius has selected the digital asset investment firm, NovaWulf, to…

Celsius Network originally paused all withdrawals and transfers in June. The Celsius crypto asset CEL plummeted on the news, and broader crypto prices tumbled. Celsius filed for bankruptcy protection shortly after the pause. Now court filings indicate the crypto deposits were not held in custody accounts but were rather owned…

Celsius, a defunct crypto lending company, will likely release a new token aimed at reimbursing creditors. According to a video court session posted by Bloomberg on January 24, the new token might be part of Celsius’s restructuring and make them a U.S.-regulated public company. …

Onomy Protocol is the hottest new kid on the blockchain block. It’s like that one friend you have that can do a backflip, speak four languages, and can make a killer mac and cheese all at the same time. Onomy is that friend, but instead of a backflip, it’s a…

Celsius is yet again devising a way to get out of its muddy waters. — Celsius Not Out Yet Crypto lending platform, Celsius Network, which filed for bankruptcy protection in July 2022, is reportedly considering the launch of a new digital token as part of a plan to compensate its creditors. According to a report from Bloomberg, the firm’s attorney, Ross M. …