Screenshot of Dakota's bank account dashboard
Dakota Emerges From Stealth to Provide Bank-Like Services to Crypto Depositors
The crypto-native company, which says it is attempting to right the wrongs of centralized lenders like Celsius, emerged from stealth on Wednesday.
Screenshot of Dakota's bank account dashboard

Ledn co-founders Mauricio Di Bartolomeo (left) and Adam Reeds (Ledn)
Ledn First-Quarter Loans Top Record $690M as Lending Market Snaps Back
The majority of loans were issued to institutional market makers following U.S. approval of spot bitcoin exchange-traded funds.
Ledn co-founders Mauricio Di Bartolomeo (left) and Adam Reeds (Ledn)

Sam Bankman-Fried exits a federal courthouse in lower Manhattan on July 26, 2023. (Nikhilesh De/CoinDesk)
Sam Bankman-Fried Replaces Lawyers Ahead of Sentencing
Bankman-Fried replaced his former lawyers, Mark Cohen and Christian Everdale, as he’s headed into sentencing negotiations.
Sam Bankman-Fried exits a federal courthouse in lower Manhattan on July 26, 2023. (Nikhilesh De/CoinDesk)

The Celsius Mining Scoop With ChazzonKe
The Celsius Mining Scoop With ChazzonKe
Originally a part of the now-defunct lending firm Celsius, Celsius Mining recently transitioned to its own entity, Ionic, and is working with Hut 8 to run its mining assets. B...
The Celsius Mining Scoop With ChazzonKe

Bitcoin Slips as Fed Leaves Rates Unchanged; Celsius to Distribute $3B Crypto to Creditors
Bitcoin Slips as Fed Leaves Rates Unchanged; Celsius to Distribute $3B Crypto to Creditors
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto headlines shaping the industry today, including an update that Celsius will be shipping out more than $3...
Bitcoin Slips as Fed Leaves Rates Unchanged; Celsius to Distribute $3B Crypto to Creditors

Ionic's CEO Matt Prusak (Ionic Digital)
Celsius' Bitcoin Mining Assets to Restart as New Firm Prepares to Go Public
The new company, Ionic Digital, expects to hit mining capacity of 12.7 exahash per second (EH/s).
Ionic's CEO Matt Prusak (Ionic Digital)

Celsius to distribute $3 billions of crypto to creditors as firm emerges from bankruptcy.
Celsius to Distribute $3B Crypto to Creditors as Firm Emerges From Bankruptcy
The distribution will be made through PayPal and Coinbase.
Celsius to distribute $3 billions of crypto to creditors as firm emerges from bankruptcy.

Ethereum has a backlog of validators waiting to exit the chain. (Koushik Pal/Unsplash, modified by CoinDesk)
Ethereum Validators Forced to Wait Days to Unstake Amid Celsius Withdraws
This means there is now a 5.6 day wait for validators to exit the Ethereum blockchain.
Ethereum has a backlog of validators waiting to exit the chain. (Koushik Pal/Unsplash, modified by CoinDesk)

Anticipation Swirls Around Possible Spot Bitcoin ETF Approval; Celsius to Unstake Thousands of Ether
Anticipation Swirls Around Possible Spot Bitcoin ETF Approval; Celsius to Unstake Thousands of Ether
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines shaping the crypto industry today, including an update on bitcoin's (BTC) price action following repor...
Anticipation Swirls Around Possible Spot Bitcoin ETF Approval; Celsius to Unstake Thousands of Ether

(Unsplash/Modified by CoinDesk)
Celsius to Unstake Thousands of Ether, Possibly Easing ETH Selling Pressure
The defunct crypto lender sent over 30,000 ETH to custodian Fireblocks in the past week, some of which was deposited on crypto exchange Coinbase.
(Unsplash/Modified by CoinDesk)