Insights Celsius Triggered the Latest Crypto Crash Bitcoin extended its losing streak to a record nine days and neared the $20,000 level after Asian markets closed.

Celsius did not inform customers of the loss; instead, CEO Mashinsky was seen on a livestream shortly after holding a skateboard with the words "hodl," crypto slang for "don't sell in a panic." ...

The crypto market lost $2 trillion in value between November 2021 and summer of 2022. Celsius native token, also called Celsius, plummeted by more than 79% over the six months leading up to July ...

After crypto lending platform Celsius paused withdrawals in June and then went bankrupt, borrowers have been unable to get their collateral off the platform. "Every aspect of what they did was ...

Crypto lender Abra secretly pauses withdrawals for international customers as users fear $700 million platform collapse.

New Jersey-based Celsius filed for Chapter 11 protection in July 2022, one of several crypto lenders to go bankrupt following the rapid growth of the industry during the COVID-19 pandemic. Celsius ...

Crypto lender Celsius files for bankruptcy, still won’t let users withdraw funds Firm scoffed at "misinformation"—then halted withdrawals and filed for bankruptcy.

Through the Celsius platform, customers can use over 30 cryptocurrencies to take a loan valued at $100 or more in USDT, USDC, GUSD, TUSD, PAX, or DAI. Celsius also provides loans issued in USD for ...

Celsius said 1.7 million people called “Celsius their home for crypto.” Recent media investigations have found that Celsius took great bets on untested ventures to lend to large crypto companies.

Celsius was too vague about the assets it wished to sell, and only disclosed recently that those assets include up to $210 million in equity and debt investments in other crypto firms, Glenn said.

Celsius Network’s crypto lending service may be taking more risk than its depositors realize. By Nate DiCamillo UpdatedDec 3, 2024, 9:39 p.m. PublishedJul 28, 2020, 7:05 p.m. (Shutterstock ...