BnkToTheFuture outlines three rescue options for Celsius
The Celsius stakeholding online investment platform BnkToTheFuture unveiled three rescue plans for the crypto lender facing a liquidity crisis.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.
BnkToTheFuture outlines three rescue options for Celsius
The Celsius stakeholding online investment platform BnkToTheFuture unveiled three rescue plans for the crypto lender facing a liquidity crisis.
Celsius denies reports that its CEO attempted to leave the United States
A Celsius spokesperson denied reports that CEO Alex Mashinsky attempted to leave the United States amid the ongoing liquidity crisis. Cointelegraph reports.
Goldman Sachs to raise $2 billion to buy Celsius Network assets, reports say
The financial conglomerate Goldman Sachs plans to raise $2 billion from investors to buy the assets of the crypto-lending platform Celsius Network in the event of its bankruptcy.
Chainge Finance proposes to acquire part of Celsius Network’s assets
The Chainge Finance platform proposed options for Celsius Network's lending service to minimise the damage that could threaten the Web3 sector and the industry at large.
BIS to build platform to assess the fallout from stablecoin collapses and DeFi projects
The BIS Innovation Hub will develop a platform to better assess the economic potential of stablecoins and crypto-lending platforms, as well as the risks to financial stability.
Investor proposes rescue plan for Celsius Network
Co-founder of the online investment platform BnkToTheFuture Simon Dixon has proposed a rescue plan for Celsius Network's lending service, analogous to Bitfinex's rehabilitation after the 2016 hack.
Sam Bankman-Fried explains Alameda Research’s role in supporting the industry amid downturn
Alameda Research is taking steps to mitigate negative dynamics in the crypto market amid problems at Celsius and Three Arrows Capital, according to Sam Bankman-Fried.
How Celsius, 3AC and stETH Problems Could Shape Ethereum’s Price and the Crypto Market
How will potential Celsius bankruptcy and the possible depeg of stETH affect the market? ForkLog has looked into this.
Leading investors reluctant to bail out Celsius, journalists reveal.
Investment firm WestCap and the Caisse de dépôt et placement du Québec will refrain from making new investments in the Celsius Network crypto-lending platform. The Wall Street Journal reports, citing sources.
US regulators open investigation into Celsius account freezes
Five U.S. state securities regulators, on a priority basis, began examining Celsius Network's suspension of withdrawals on its crypto-lending platform. Reuters reports.We use cookies to improve the quality of our service.
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