Celsius Reaches Acquisition Agreement with NovaWulf
Celsius announced Wednesday that it has selected Novawulf Digital Management, a digital asset investment firm, to help bring its high-profile bankruptcy case to a close.
decryptCelsius announced Wednesday that it has selected Novawulf Digital Management, a digital asset investment firm, to help bring its high-profile bankruptcy case to a close.
decryptEligible Celsius users will be able to withdraw 94% of their assets from the platform after updating their KYC and other account information.
CryptoSlateA court-appointed independent examiner said Alex Mashinsky profited over $60 million from his sales of Celsius tokens.
CryptoSlateDigital assets deposited in Celsius Network’s Earn program belong to the bankrupt company’s estate and not individual users.
decryptThe sale hearing will be held on Nov. 1., and many are expected to attend.
BeincryptoUnder intense pressure, Celsius, an experimental cryptocurrency lender, cracked under heavy pressure and was forced to file for bankruptcy in July.
BitcoinistCrypto lender Celsius Network, one of the biggest in the world, has filed for Chapter 11 bankruptcy protection, joining a ...
BitcoinistKeyFi Inc.’s complaint alleges that Celsius failed to honor a multi-million dollar profit sharing agreement after deploying numerous successful staking and DeFi strategies for the firm.
CointelegraphCelsius has announced that it has paused all withdrawals on its platform from the early hours of Monday. The lending ...
Bitcoinist"Our front office teams [...] think and act like risk managers to ensure that we are not exposed in any significant way to market swings," said Celius chief financial officer Rod Bolger.
Cointelegraph