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Celsius Network

Zipmex gets 3-month creditor protection in Singapore as investors call out for CEO’s blood
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18 August, 2022

Zipmex gets 3-month creditor protection in Singapore as investors call out for CEO’s blood

Two weeks since granting Vauld protection, Singapore has extended the same to Zipmex, an exchange whose tie-up with Babel Finance...
California watchdog issues cease and desist order against Celsius Network
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13 August, 2022

California watchdog issues cease and desist order against Celsius Network

Celsius has been violating securities regulations by offering its Earn Rewards accounts in the state while also making materially false...
Canadian watchdogs join US SEC in Celsius probe: report
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12 August, 2022

Canadian watchdogs join US SEC in Celsius probe: report

The Quebec and Ontario securities watchdogs have joined the probe, with the former especially concerned about the fate of a...
The CoinGeek Pulse Episode 96: Bankrupt Celsius owes $5B, Binance fined in the Netherlands, Dubai launches metaverse strategy
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22 July, 2022

The CoinGeek Pulse Episode 96: Bankrupt Celsius owes $5B, Binance fined in the Netherlands, Dubai launches metaverse strategy

More troubles loom for digital assets firms like Celsius Network and Binance; meanwhile, Dubai launches its new 'metaverse strategy' that...
Vermont regulator claims Celsius is ‘deeply insolvent,’ new report shows extent of rot
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20 July, 2022

Vermont regulator claims Celsius is ‘deeply insolvent,’ new report shows extent of rot

The Vermont watchdog also accused Celsius of offering unregistered securities even as a new FT report shows that Celsius openly...
Celsius owes $4.7B to customers as first bankruptcy hearing takes place
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19 July, 2022

Celsius owes $4.7B to customers as first bankruptcy hearing takes place

Monday’s hearing in the Southern District of New York also revealed that Celsius’ proposed pathway to recouping its massive losses...
Celsius Network is bankrupt—this is getting ridiculous
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15 July, 2022

Celsius Network is bankrupt—this is getting ridiculous

Celsius Network has an estimated 100,000 creditors and has $12 billion under management as of May 2022, although it's unclear...
Celsius: New lawsuit from ex-employee accuses digital assets lender of fraud
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11 July, 2022

Celsius: New lawsuit from ex-employee accuses digital assets lender of fraud

The suit accuses Celsius as a Ponzi scheme and states that the lender refused to honor its contractual obligation to...
Contagion spreads in digital currency markets as Vauld suspends withdrawals
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5 July, 2022

Contagion spreads in digital currency markets as Vauld suspends withdrawals

Just as things seemed to be settling down in the digital currency space, Vauld, a lender backed by Coinbase, has...
The case for a multi-year digital currency bear market
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5 July, 2022

The case for a multi-year digital currency bear market

The conditions are ripe for a long ‘crypto winter’ from which many coins will never recover, and as we can...
Digital currency crash: What happens next?
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4 July, 2022

Digital currency crash: What happens next?

The best way to prepare for the further decline in the digital asset markets is to manage risk. Selling is...
The CoinGeek Pulse Episode 93: Digital currency firms feel ‘winter’ nip, investors bet against Tether, blockchain makes more progress
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1 July, 2022

The CoinGeek Pulse Episode 93: Digital currency firms feel ‘winter’ nip, investors bet against Tether, blockchain makes more progress

There’s no light at the end of the tunnel just yet in the world of digital currency as troubles continue...