#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 25 15.06.2022

What happened to Celsius (CEL)?

Why did Celsius freeze withdrawals? How is it linked to Lido and MakerDAO? Is Celsius to blame for the crypto sell-off? Explained in cards.

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ForkLog 6 15.06.2022

Celsius Network token price rises nearly 59%

In 24 hours, the Celsius Network token (CEL) rose by 58.7%, according to CoinGecko.

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ForkLog 19 15.06.2022

Lido says it will continue operating amid continued stETH discount

The Lido Finance liquid staking service is operating normally, despite the stETH token's decline relative to Ethereum and a sell-off by large holders, according to the project developers.

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ForkLog 30 14.06.2022

Volatile stablecoins and the risk of a broad recession: experts offer forecasts for the crypto market

ForkLog spoke with experts about the reasons for the decline in cryptocurrency prices and near-term prospects for the market.

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ForkLog 15 14.06.2022

Macro conditions, not Celsius problems, shaped the crypto market

The sell-off in the cryptocurrency market on Monday was driven not by Celsius Network's announcement of pausing withdrawals, but by the broader negative macroeconomic backdrop. Industry participants told The Block.

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ForkLog 7 13.06.2022

Tether says Celsius incident did not affect USDT reserves

Tether said that although the crypto-lending platform Celsius is part of its investment portfolio, the adverse events did not affect the financial stability of the issuer of the USDT stablecoin.

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ForkLog 7 13.06.2022

Nexo proposes to acquire Celsius’s loan portfolio

The crypto-lending platform Nexo said it is prepared to acquire Celsius's loan portfolio from its rival. The offer runs until June 20.

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ForkLog 12 13.06.2022

Celsius token plunges 50% amid withdrawal suspension

The Celsius crypto-lending platform paused withdrawals, swaps and transfers between accounts due to extreme market conditions. The project’s token fell.

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ForkLog 9 20.05.2022

Celsius Network CEO accuses ‘Wall Street sharks’ of dragging down the crypto market

Bearish traders from Wall Street triggered a 90% drop in Celsius (CEL)'s price, the decoupling of Tether (USDT) from the US dollar, and the Terra (LUNA) collapse, Mashinsky said.

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ForkLog 12 16.05.2022

Celsius Mining Files for IPO

Mining company Celsius Mining, a subsidiary of the Celsius Network crypto-lending platform, has confidentially filed a Form S-1 with the U.S. Securities and Exchange Commission (SEC) for an IPO.

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ForkLog 11 13.05.2022

Media: Celsius pulled about $500 million from Anchor protocol amid the UST crash

The crypto-lending platform Celsius pulled assets worth about $500 million from the Anchor protocol amid the collapse of the algorithmic stablecoin UST. The Block reports.

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ForkLog 12 13.04.2022

Celsius Network CEO forecasts Bitcoin above $100,000 in 2022

In 2022 Bitcoin and Ethereum will hit new all-time highs as capital fled from the stock market into cryptocurrencies, with digital gold exceeding $100,000. This was stated by Celsius Network CEO Alex Mashinsky in an interview with Kitco News.

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