Bitcoin News / Bitcoinist - 1 year ago
Current downtrends in crypto prices have forced many digital asset service providers to reduce their staff to survive in a time when low trading volumes have reduced revenue. Despite the market currently facing significant lows, industry leaders are...
More / Bitcoin Reddit - 1 year ago
Every single one of them when times were good "These platforms are safe, sign up with my affiliate link." Every single one of them when times are bad and accounts are locked (funds are gone) "Not your keys, not your crypto." ...
by COINS NEWS - 1 year ago
I mean I always knew "not your keys, not your coins" was a fact, but after learning that anything you have on these exchanges is not yours, and in the unfortunate event that they go bankrupt your coins are gone forever is actually in their...
More / Bitcoin Reddit - 1 year ago
I don’t know cryptocurrency inside out… but surely someone who is being paid by one of these organisations knows more about it than me. So this is what really confuses me - can anyone explain to me how one of these companies doesn’t have a standardis...
More / Bitcoin Reddit - 1 year ago
The business model and activities of these platforms can continue and thrive ONLY if prices of the crypto they have in asset keep increasing; yet, even noobs know BTC fluctuates a lot and corrections should be expected from time to time; In other wor...
Bitcoin News / Bitcoin Magazine - 1 year ago
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe n...
Cryptocoins News / The Cointelegraph - 1 year ago
Celsius’ lead investor BnkToTheFuture has outlined three proposals to save Celsius from bankruptcy while finding a good outcome for shareholders and depositors with funds stuck on the platform.Shared on Twitter by BnkToTheFuture CEO Simon Dixon on Th...
Cryptocoins News / Blockchain - 1 year ago
The latest on Thursday 30th June showed that Bahamian cryptocurrency exchange FTX Derivatives Exchange passed on a deal to acquire New Jersey-based crypto lending firm Celsius Network.
FTX had begun discussions with Celsius about bailing out the t...
by COINS NEWS - 1 year ago
Crypto exchange operator FTX looked at making a deal with troubled crypto lender Celsius but ultimately walked away. More about this: https://www.reddit.com/r/marketpredictors/comments/vp3l55/ftx_walked_away_from_a_deal_with_celsius_after/ FTX has pu...
Cryptocoins News / The Cointelegraph - 1 year ago
It’s been another day of watching the ripples of contagion spread through the crypto market. With Three Arrows Capital (3AC) being ordered into liquidation by a British court, details have also emerged on Thursday of BlockFi liquidating a $1 billion...
More / Bitcoin Reddit - 1 year ago
I used to wonder what got people to trust in something like Mt. Gox, Bitfinex and lose all their money. But also I was holding a large part of my portfolio in Celsius and only pulled out when the clout became alarmingly bigger.I planned my entire ret...
Cryptocoins News / Blockchain - 1 year ago
A recent from the Wall Street Journal (WSJ) has revealed that embattled crypto lending platform Celsius Network took on more risk than it could naturally handle.
A review of the data sent to investors when it last raised $400 million showed that...
Bitcoin News / Bitcoin.com - 1 year ago
The embattled crypto lending platform Celsius has kept withdrawals and transfers frozen since June 12 and told the Celsius Network community that the “process will take time.” Since then, Celsius users are wondering why they are...
Bitcoin News / Bitcoinist - 1 year ago
All claims that Celsius Network’s CEO attempted to leave the country have been refuted by the company. This news came after reports that CEO Alex Mashinsky may have been detained by law enforcement as he attempted to flee the country.
Celsius D...
Cryptocoins News / The Cointelegraph - 1 year ago
Troubled crypto lending firm Celsius is putting their best foot forward to recover operations alongside CEO Alex Mashinsky, who currently stays in the United States, the company has claimed.A spokesperson for Celsius has denied rumors that the compan...
Cryptocoins News / The Cointelegraph - 1 year ago
Troubled crypto lending firm Celsius is putting their best foot forward to recover operations alongside CEO Alex Mashinsky, who currently stays in the United States, the company has claimed.A spokesperson for Celsius has denied rumors that the compan...
Cryptocoins News / The Cointelegraph - 1 year ago
Members of the crypto community on Twitter have been left bewildered by the beleaguered Celsius Network continuing to pay weekly rewards despite pausing withdrawals two weeks ago.As previously reported, crypto lending platform Celsius paused withdraw...