Celsius New Bankruptcy Plan Was Deprecated By Debtors
Celsius has filed a revised bankruptcy plan to reflect the successful bid for assets by the Fahrenheit consortium.
Celsius
Celsius has filed a revised bankruptcy plan to reflect the successful bid for assets by the Fahrenheit consortium.
The new filing is set to face legal opposition from borrowers.
What was once a beacon of hope for cryptocurrency investors spiraled into a major financial fiasco.
Celsius, a crypto lender facing bankruptcy, has decided to restake the Ethereum it previously withdrew. This move has resulted in a further delay in the staking activation queue.
Celsius, a renowned crypto lending platform, recently revealed that it plans to stake $800 million worth of Ethereum (ETH) tokens. This is a big deal in the crypto world and…
Bankrupt crypto lender Celsius is restaking its withdrawn staked Ethereum, further elongating the staking activation queue.
Bankrupt crypto lender Celsius Network has made an $800 million ether (ETH) staking move that has caused significant delays in the Ethereum validator queue. The company deposited $745 million of…
Celsius has staked over $600 million worth of ETH with no signs of slowing down. If they stake the rest, this would represent over $1 billion in net inflows to…
The embattled crypto lender’s ETH staking maneuver could potentially lengthen the waiting time to activate new validators in the Ethereum network to 44 days, one observer noted.
Celsius was selected first for OPNX’s bankruptcy tokenization due to the company’s “completely unredacted database,” according to Heimdall CEO Vishal Shah. Heimdall, a provider of business tokenization solutions, and OPNX…