Celsius Network Successfully Exits Bankruptcy, Begins $3B Creditor Repayment
Crypto lender Celsius Network LLC (CRYPTO: CEL) has officially emerged from bankruptcy.
From Frozen Funds To Flowing Streams: Celsius Unchains Ethereum, Hope Rises For Wounded Creditors
Bankrupt Celsius Network (CRYPTO: CEL) has taken a major step in its financial restructuring.
Debt-Saddled Zipmex Looks To Restructure, Irks Creditors With Compensation Offer
Cryptocurrency platform Zipmex is offering to compensate its creditors as part of its recent restructuring effort. As for what the compensation rate will be remains uncertain.
Crypto Lender Celsius Gets Fresh Start After $4.7B Bankruptcy, CEL Token Up 27%
Crypto lender Celsius (CRYPTO: CEL) saw its CEL token trade 27% higher, taking its seven-day trading gain to 39%, on the heels of a dramatic bankruptcy case.
Celsius Network’s New Lease on Life — Judge Greenlights Crypto Miner Transformation
In a significant development for the distressed crypto lender Celsius Network LLC (CRYPTO: CEL), a bankruptcy court has sanctioned its proposal to reorganize into a Bitcoin (CRYPTO: BTC) mining business owned by creditors.
Casa CEO Warns Of Binance’s ‘Abnormal’ Activities, Urges Users To Withdraw Funds
Bitcoin (CRYPTO: BTC) self-custody firm CASA CEO Nick Neuman on Thursday voiced concerns regarding what he said are unusual activities surrounding global cryptocurrency exchange Binance and its U.S. affiliate Binance.US.
Here Are This Year’s Notable Crypto Fallouts Thus Far
As 2023 is almost ending, we're recapping some of COIN)">the major crypto disasters of the year.
Celsius’s Successor Aims To Revive Crypto Lender: What Does That Mean For Creditors?
The potential successor to the defunct cryptocurrency lender, Celsius (CRYPTO: CEL) revealed its intentions to restart the business without any funded debt and with an initial funding of up to $450 million in cryptocurrency, contingent upon court approval.
Celsius, Core Scientific To Settle Existing Litigation: What Are The Terms?
Crypto mining providers Celsius Mining, the Bitcoin mining subsidiary of Celsius (CRYPTO: CEL), and Core Scientific (OTCMKTS: CORZQ) have reached a speculative $45 million settlement deal for a long-standing legal dispute.
Celsius Revamps Board, Welcomes Ex-Algorand CEO, Top Financial Execs
Bankrupt cryptocurrency lending company, Celsius’ (CRYPTO: CEL) successor company is likely to appoint former Algorand (CRYPTO: ALGO) CEO Steve Kokinos who stepped down from his role in July 2022.