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Showing 1 - 3 of 3 results for "Celsius Network"

Zipmex files for debt relief amid ongoing crypto crash

CASSANDRA BALDINI  |  FRIDAY, 29 JUL 2022
... "Due to current macroeconomic conditions and the recent fallout in the crypto space from recent events concerning Celsius Network, 3AC, Babel Finance, and others, Zipmex's CeFi product has recently been exposed to defaults from two of our institutional ...

Celsius latest casualty in crypto crash

CASSANDRA BALDINI  |  FRIDAY, 15 JUL 2022
Celsius Network has filed for Chapter 11 bankruptcy making it the latest victim of the crypto crash. In a statement, Celsius said it has filed with the Court a series of customary motions to allow it to continue operation. These "first day" motions ...

Crypto companies halt withdrawals

ANDREW MCKEAN  |  TUESDAY, 14 JUN 2022
... announcement, competitor Nexo has stepped in and sent a letter of intent to purchase the remaining unqualified assets of Celsius Network. The letter says: "Nexo, its partners, and affiliates could readily acquire from Celsius part of or all qualifying ...
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