#Celsius Network

Celsius is a platform for cryptocurrency deposits and loans. It ceased operations in June 2022 due to the crypto winter and a failed investment strategy.

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ForkLog 13 03.12.2021

Community ties Celsius Network to the address that lost 900 BTC in the Badger DAO hack

The centralized Celsius Network crypto-lending platform could have lost more than $50 million due to an unauthorized withdrawal from the Badger DAO DeFi protocol. The claim was made by Reddit and Twitter users.

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ForkLog 6 27.11.2021

Celsius Network CFO among those detained in Israel

Yaron Shalem, the chief financial officer of the centralized cryptocurrency lending platform Celsius Network, was among those detained in Israel alongside Sirin Labs founder Moshe Hogeg.

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ForkLog 11 25.11.2021

Celsius Network raises an additional $350 million, valuing the company at $3.25 billion

The centralised platform for cryptocurrency lending Celsius Network increased the amount raised during its Series B round to $750 million. The company is valued at $3.25 billion.

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ForkLog 10 22.11.2021

Celsius Network to earmark an additional $300 million for Bitcoin mining

Celsius Network will allocate an additional $300 million, in addition to the previously announced $200 million, to Bitcoin mining in the United States. This was stated by the platform's chief executive, Alex Mashinsky, in an interview with The Block.

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ForkLog 6 19.11.2021

Celsius Network co-founder proposes Nobel Prize for Satoshi Nakamoto

Bitcoin creator Satoshi Nakamoto should receive the Nobel Prize in Economics for inventing the first cryptocurrency. This was stated by Celsius Network co-founder and chief operating officer Daniel Leon.

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ForkLog 9 04.11.2021

Celsius Network buys custody specialist GK8 for $115 million

The Celsius Network crypto-lending platform has acquired GK8, a startup specialising in custodial services.

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ForkLog 22 12.10.2021

Celsius Network raises $400 million amid regulatory scrutiny

The Celsius Network, a centralized cryptocurrency-lending platform, announced that it had raised $400 million in funding. The round valued the company at more than $3 billion.

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ForkLog 12 07.10.2021

Bloomberg finds Chinese commercial paper in Tether’s reserves

The backing of the Tether (USDT) stablecoin includes short-term loans to major Chinese companies and loans to crypto-lending platforms such as Celsius Network, according to a Bloomberg investigation.

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ForkLog 18 24.09.2021

Kentucky regulator accuses Celsius Network of securities-law violations

The Kentucky Department of Financial Institutions has accused the Celsius Network cryptocurrency-lending service of selling unregistered securities.

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ForkLog 7 20.09.2021

Alabama Regulator Joins Accusations Against Celsius Network

The Alabama Securities Commission (ASC) has asked Celsius Network's crypto-lending service to explain why its offerings do not constitute securities sales under state law. The Block reports this, citing the agency's document.

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ForkLog 16 17.09.2021

Texas and New Jersey regulators accuse Celsius Network of selling unregistered securities

The Texas State Securities Board (TSSB) has accused Celsius Network, a crypto-lending service, of selling unregistered securities. The document outlines the allegations.

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ForkLog 4 07.07.2021

Celsius Network chief: Ethereum has already begun overtaking Bitcoin

The second-largest cryptocurrency has already begun overtaking digital gold, according to Celsius Network chief executive Alex Mashinsky.

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