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celsius network

cryptocurrency June 3, 2023

Bankrupt crypto lender Celsius is restaking its withdrawn staked Ethereum, further elongating the staking activation queue. Advertisements 21Shares researcher Tom Wan said bankrupt Celsius Staked 396,000 Ethereum during the first two days of this month. $1 Billion in On-Chain Flows Blockchain analytical firm Arkham Intelligence corroborated this, saying the bankrupt lender’s asset movements have totaled almost […]

cryptocurrency April 15, 2023

Bankrupt crypto lender Celsius has withdrawn 6,521 staked Ethereum — worth over $13 million — since the network-enabled withdrawals through the Shapella upgrade. Advertisements On-chain investigator Lookonchain reported on April 14 that 239,882 ETH — worth $504.5 million — had been withdrawn. The top three addresses withdrawing their assets were the bankrupt lender, liquid staking […]

cryptocurrency July 3, 2022

Advertisements Summary: Celsius Network has reportedly laid off 150 staff members who constitute 25% of its workforce. The team behind the lending platform had last month hired restructuring advisors. Celsius Network has also put forward three proposals for rebuilding through Bnk to The Future Capital: a restructuring to launch Celsius, a pool of most influential […]

cryptocurrency June 28, 2022

Advertisements Summary: The team at Celsius Network has debunked rumors that the project’s CEO attempted to flee the United States. Celsius Network representatives have spoken with two crypto media publications pointing out that all its team members are dedicated to stabilizing the project’s liquidity and operations. The team at Celsius Network has denied information circulating […]

cryptocurrency December 4, 2021

Despite regulatory uncertainty, it is no news that crypto interest has grown manifold this year. In a recent interview with Coin Stories, Celsius CEO Alex Mashinsky discussed Bitcoin and the regulatory attitude towards the sector. Mashinsky, who is a self-proclaimed Bitcoin maximalist, stated, Advertisements “We just crossed $3 trillion worth of market capitalization for cryptocurrencies, […]