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Ripple Lab has reportedly declared interest in buying the assets of Celsius Network. According to Reuters, a spokesperson of the blockchain firm had revealed this after Celsius filed for bankruptcy, noting that the assets will help them. “We are interested in learning about Celsius and its assets, and whether any
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Cryptocurrency lending protocol Celsius Network has allegedly sought the aid of an attorney from Kirkland & Ellis LLP to guide it through its reorganization choices. The company was enlisted to have helped Voyager Digitals with its liquidity challenges in the previous week. A Wall Street Journal July 10th report revealed
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BnkToTheFuture has proposed three ways, two of which will assist in Celsius' reorganization and reopening, and the last which generates the idea of co-investment in the company with a ton of large crypto investors. According to a Thursday tweet by BnkToTheFuture CEO Simon Dixon, his company which plays a
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About a week after crypto protocol Celsius Network halted withdrawal activities, it has notified its community about the persistent rise in false social accounts alleging to be an associate of the firm. In a recent blog post, the company highlighted that the community should be more receptive as most of
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Following a Monday statement by Celsius about pausing withdrawals as well as swaps and other transfer activities due to “extreme market conditions”, the company has reportedly contacted legal advisers to help in its reorganization. The Wall Street Journal revealed on Wednesday that crypto loaning company Celsius has taken a step
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One of the most notable crypto swapping and lending platforms, Celsius Network revealed to customers in the early hours of Monday its plan to halt withdrawals as well as swaps and transfers. Celsius justified this action to be a response to the current “extreme market condition,” giving no hint for