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Crypto Prices CoinDesk 20 Index CoinDesk 20 Index
(Creative Commons)
Markets
Celsius
Want to Strike Terror in Crypto Markets in 2022? Just Say You’re Suspending Withdrawals
Voyager's and Celsius’ bankruptcies were preceded by announcements that they were barring customers from getting their money.
(Creative Commons)
By Jimmy He
Aug 3, 2022 at 3:30 p.m. UTC
Aug 3, 2022
CelsiusVoyager DigitalMarketsCryptoCrypto Winter
(Unsplash, Modified by CoinDesk)
Finance
Celsius
Celsius Network Custody Clients Tap Lawyer to Reclaim $180M
The account holders represent 4% of the assets locked up at the bankrupt crypto lender.
(Unsplash, Modified by CoinDesk)
By Ian Allison
Aug 1, 2022 at 9:15 p.m. UTC
Aug 1, 2022
CelsiusBankruptcyCustodian
Alex Mashinsky Founder and CEO Celsius Network at Consensus 2019 AND Carlos Matos promoting Bitconnect
Consensus Magazine
Celsius
Celsius and BitConnect: Not So Different?
The insolvent crypto lender may not have been as blatantly criminal as the infamous BitConnect pyramid scheme, but the parallels should have drawn more regulatory scrutiny.
Alex Mashinsky Founder and CEO Celsius Network at Consensus 2019 AND Carlos Matos promoting Bitconnect
By David Z. Morris
Jul 27, 2022 at 5:59 p.m. UTC
Jul 27, 2022
CelsiusFraudBitconnectThe NodeNewslettersOpinion
Alex Mashinsky sporting one of his trademark t-shirts (Piaras Ó Mídheach/Web Summit via Sportsfile)
Consensus Magazine
Celsius
Sky-High Yields and Bright Red Flags: How Alex Mashinsky Went From Bashing Banks to Bankrupting Celsius
How could Celsius Network pose “much less risk” than banks, as its CEO claimed, but pay eye-popping returns? It sounded too good to be true. There were other warning signs fro...
Alex Mashinsky sporting one of his trademark t-shirts (Piaras Ó Mídheach/Web Summit via Sportsfile)
By Jeff Wilser
Jul 27, 2022 at 5:08 p.m. UTC
Jul 27, 2022
CelsiusLendingBankruptcyCrypto
Celsius makes its way through Chapter 11 proceedings. (PhotonBlast/Unsplash)
Finance
Celsius
Crypto Lender Celsius Files to Retain Former CFO to Advise on Bankruptcy Proceedings
Rod Bolger resigned from Celsius in June, two weeks before the company filed for Chapter 11 protection.
Celsius makes its way through Chapter 11 proceedings. (PhotonBlast/Unsplash)
By Cam Thompson
Jul 26, 2022 at 9:37 p.m. UTC
Jul 26, 2022
CelsiusBankruptcy
Celsius thermometer (Unsplash/Modified by CoinDesk)
Finance
Celsius
What Happens to Celsius Creditors if Crypto Prices Recover?
Legal experts survey the undiscovered country that awaits customers of the bankrupt cryptocurrency lending platform.
Celsius thermometer (Unsplash/Modified by CoinDesk)
By Ian Allison
Jul 26, 2022 at 5:43 p.m. UTC
Jul 26, 2022
CelsiusBankruptcyCourt
(Daniel Thomas/Unsplash)
Consensus Magazine
Cred
Failed Crypto Lender Cred Blames Its Demise on Uphold Exchange in Suit
The 2022 meltdown is not the first time the risks of “centralized DeFi” products have been laid bare.
(Daniel Thomas/Unsplash)
By Sam Kessler
Jul 22, 2022 at 10:00 p.m. UTC
Jul 22, 2022
CredBankruptcyLawsuitCelsiusVoyager DigitalLending
Citigroup office in London (Mitch Hogde/Unsplash)
Markets
Citi
Citi Says Crypto Contagion Appears to Have Ceased
Stablecoin outflows have been stemmed and outflows from ETFs have also stabilized, the report said.
Citigroup office in London (Mitch Hogde/Unsplash)
By Will Canny
Jul 22, 2022 at 9:05 a.m. UTC
Jul 22, 2022
CitiCelsiusMarkets
Tesla’s Bitcoin Dump; Zipmex Freezes Withdrawals
Video
Bitcoin
Tesla’s Bitcoin Dump; Zipmex Freezes Withdrawals
Bitcoin slips after Tesla announcement, but analysts say we could have seen the bottom. Crypto trading volumes in India recover. Polygon’s ZK solution aims to slash current la...
Tesla’s Bitcoin Dump; Zipmex Freezes Withdrawals
By CoinDesk Staff
Jul 21, 2022 at 2:58 p.m. UTC
Jul 21, 2022
BitcoinEthereumcdtvElon MuskDailyForkCelsiusPolygon
"Someone would have to be frankly insane to trust Celsius with their assets," said Timothy Cradle on CDTV’s “First Mover” program. (CoinDesk TV screenshot, modified by CoinDesk)
Consensus Magazine
Celsius
‘A Damaged Brand’: Former Celsius Employee on the Crypto Lender’s Mismanagement and Alleged Token Manipulation
Timothy Cradle, former compliance and financial crimes director at crypto lender Celsius Network, joined CoinDesk TV’s “First Mover” to discuss the platform’s alleged question...
"Someone would have to be frankly insane to trust Celsius with their assets," said Timothy Cradle on CDTV’s “First Mover” program. (CoinDesk TV screenshot, modified by CoinDesk)
By Fran Velasquez
Jul 20, 2022 at 7:05 p.m. UTC
Jul 20, 2022
CelsiusCoinDesk TVBankruptcy