Celsius Network Takes Legal Action Against EquitiesFirst
Tom BlitzerKey Insights: Celsius Network targets EquitiesFirst for a massive $439M asset recovery. 2022's bear market pushes Celsius into Chapter 11…
Celsius Network Nears Bankruptcy End, Set to Reimburse Customers
Key Insights: Celsius Network's bankruptcy woes are nearing the end with new settlements. Customers to receive reimbursements and independent claims…
Unpacking the Lawsuits Against Crypto Lender Celsius and Its Former CEO
James DavisTwo years ago, when cryptocurrencies were on a bullish run, so many lenders emerged, with Celsius Network being among the…
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Crypto Lending Protocol Delio Suspends Withdrawals, Cites Market Volatility
Michael ScottSouth Korean saving and lending protocol Delio announced the temporary suspension of withdrawals. Delio's announcement comes days after rival platform…
Core Scientific Anticipates 46 Million-dollar Boost in September Bankruptcy Exit
The leading crypto-miner in capacity claims that its improved liquidity position is attributed to favorable conditions in the market, and…
Celsius Plans To Merge US-UK Subsidiary Following Fraud Allegation
George WardCelsius is making moves to merge its UK and US units amidst accusations in court documents that the supposed differentiation…
Ontario Teachers’ Pension Plan Exiting Crypto, After Losing $95M in FTX
Norah ODonnellThe prominent independent organization in Canada, Ontario Teachers' Pension Plan (OTPP), has distanced itself from crypto following the fallout of…
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Bhutan Kingdom Invested Million of Dollars in Crypto Assets Secretly
The smallest Kingdom in Eastern Himalayas, Bhutan, has been investing measurable amounts of Bitcoin (BTC) and Ether (ETC) without informing…
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Thailand SEC Considering Lifting Restrictions On ICOs
Thailand's Securities and Exchange Commission is gearing up to ease the restrictions on retail investments associated with initial coin offerings…
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MarkerDAO Retains USDC Stablecoin As Major DAI Reserve Despite SVB Crisis
The MakerDAO community has recently voted and decided to keep USDC as a major reserve for its DAI token. 79%…
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Celsius Network Eyes More Buyers Despite Existing Deal
Celsius Network, the bankrupt crypto lender, is reportedly exploring more bids and new buyers after meeting with a potential buyer…
Celsius Allows Withdrawals of Funds for Custody Program Customers
For the first time since filing for bankruptcy, Celsius allows users with funds in their custody program account to withdraw…
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Global Banks See Reduced Exposure To Crypto By 44% In 2022 – BIS
Some banks worldwide have lowered their exposure to certain crypto assets by 43.6% over the last 12 months, according to…
Germany’s DZ Bank Partners with Metaco for Digital Asset Custody Services
DZ Bank announced partnering with Metaco to utilize the latter's custody services for the digital asset. The announcement by the…