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Celsius

August 25, 2022

Celsius countersues KeyFi: Claiming deception and ineptitude

Celsius has launched an assault on former stake and DeFi strategic affiliate KeyFi and its CEO, who sued it a week before it declared bankruptcy. Celsius countersues KeyFi, claiming deception and ineptitude resulted in tens of millions of dollars in damages. Celsius, a bankrupt crypto lending company, countersued decentralized finance (DeFi) protocol KeyFi and its […]

Celsius

August 20, 2022

Celsius is up by over 11% in the last 24 hours: Here is why?

The Celsius platform’s native token, CEL, is the best-performing cryptocurrency among the top 100 by market capitalization. In the previous 24 hours, CEL has risen by more than 11%, outperforming the broader market in the process. The rally comes as the wider crypto market is doing poorly. The cryptocurrency market has lost around 5% of […]

Celsius

July 29, 2022

No financial vulnerability to embattled crypto firms: Coinbase

Coinbase has said in a blog post that it is not financially exposed to bankrupt and restructuring crypto companies, including Three Arrows Capital, Celsius, and Voyager Digital. Coinbase is not affected by the crypto firms that are currently experiencing bankruptcy, reorganization, and other difficulties. This was in response to a Celsius Network executive recently claiming […]

Celsius

July 27, 2022

SkyBridge Capital halts fund withdrawals as it nears collapse

The Federal Reserve’s decision to raise interest rates to combat rising inflation has triggered a cryptocurrency and stock market crash. Because of this, several firms have gone bankrupt, with SkyBridge Capital being the most recent victim. It has been forced to cease withdrawals as a result of this. Founded in 2005, SkyBridge is an alternative […]

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