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Celsius
Celsius Sends $500M of Bitcoin Derivative to Crypto Exchange After Debt Payoff
The move comes just after the crypto lender reclaimed $450 million of collateral in WBTC, closing its loan from DeFi lending protocol Maker, blockchain data shows.
SBF’s Voyager Debt Emerges; Celsius Reshuffles Board
Alameda Research owes $377 million as Voyager Digital’s second largest borrower. Genesis confirms exposure to Three Arrows Capital. Celsius Network reshuffles board as it fights to stay afloat. South Korea’s Uprise said to have lost US$20 million in client funds on LUNA short. South Korea to cooperate with U.S. on Terra investigation. China’s "Instagram" gets into virtual fashion with users strutting their stuff in NFT clothes. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Celsius Network Pays Off Maker Loan, Freeing Up $440M of Collateral
The troubled crypto lender paid down the remaining $41 million of its debt on the DeFi platform.
Celsius Repays $183M on DeFi Protocol Maker, Gets Back Collateral
Troubled crypto lender Celsius paid down $183 million of its debt to the decentralized lending protocol Maker, possibly in a bid to recover bitcoin-linked collateral that otherwise would remain trapped. "The Hash" team discusses what's next for Celsius and the wider state of DeFi.
Vauld Buyout Talks; Celsius Fights Against Bankruptcy
Vauld in buyout talks with Nexo. Voyager Digital files for bankruptcy. Celsius community pushes on with short squeeze amid ongoing bankruptcy concerns. Bank of England calls for greater crypto regulation. “Wolf of Wall Street” says Bitcoin investments will be profitable in three to five years.
Celsius Repays $183M on DeFi Protocol Maker, Gets Back Collateral, Blockchain Data Shows
The troubled crypto lender paid down $183 million of its debt to the decentralized lending protocol Maker, blockchain data shows, possibly in a bid to recover bitcoin-linked collateral that otherwise would remain trapped.
Crypto Lender Celsius Cuts 150 Jobs Amid Restructuring: Report
Withdrawals are still paused and the company has hired restructuring experts as it faces a financial crisis.
Celsius Shareholder BnkToTheFuture Proposes Bitcoin Investments, Restructuring in Rescue Bid
The community investing platform put forth three proposals on Thursday night in a bid to save Celsius Network from going under.
Crypto Lender Celsius Network Exploring Options to ‘Preserve and Protect’ Assets
The company is consulting with experts to try to reduce the fallout from its mid-June swoon.
FTX Passed on Deal to Purchase Celsius Due to Deficient Balance Sheet: Report
Sam Bankman-Fried's crypto exchange also reportedly found Celsius hard to deal with.
