Crypto lender Celsius Network reveals $1.19 bln hole in bankruptcy filingCrypto lenders boomed during the COVID-19 pandemic, drawing depositors with high interest rates and easy access to loans rarely offered by ...
16 Jul, 2022, 01.08 PM IST
Clients of crypto lender Celsius face long wait over fate of their fundsCiting extreme market conditions, Celsius froze withdrawals in June in a move that reverberated through the crypto world and beyond, spurri...
15 Jul, 2022, 09.48 PM IST
Crypto lender Celsius files for bankruptcyNew Jersey-based Celsius listed estimated assets and liabilities on a consolidated basis in the range of $1 billion to $10 billion, accordi...
14 Jul, 2022, 08.52 AM IST
Russia to improve crypto transaction monitoring as regulation draws closerThe Bank of Russia has long voiced scepticism over cryptocurrencies, citing financial stability concerns, and has advocated for a complete ...
08 Jul, 2022, 07.16 PM IST
Crypto lender Celsius says it is exploring optionsCelsius earlier this month froze withdrawals and transfers, citing "extreme" market conditions, leaving its 1.7 million customers unable to...
01 Jul, 2022, 09.06 AM IST
Celsius Network hires advisors to prepare for potential bankruptcy - WSJThe New Jersey-based cryptocurrency lending company froze withdrawals and transfers earlier this month due to "extreme" market conditions, ...
26 Jun, 2022, 10.14 AM IST
Crypto's latest meltdown leaves punters bruised and bewilderedBitcoin fell below $20,000 on June 18 for the first time since December 2020. It has plummeted around 60% this year. The overall crypto mar...
21 Jun, 2022, 01.32 PM IST
Crypto's latest meltdown leaves punters bruised and bewilderedThe tumble has left individual investors across the world bruised and bewildered. Many are angry at Celsius. Others swear never to invest i...
21 Jun, 2022, 11.59 AM IST
Cryptoverse: Crypto lenders face a DeFi drubbingThe total value locked (TVL) on Ethereum, a metric that attempts to track the value of tokens deposited in a variety of DeFi protocols, has...
21 Jun, 2022, 10.55 AM IST
Distressed crypto lender Babel wins reprieve on debt repaymentsHong Kong-based Babel has “reached preliminary agreements on the repayment period of some debts, which has eased the company’s short-term l...
20 Jun, 2022, 09.13 PM IST
Crypto's excruciating week has traders bracing for next crisisIt all started late Sunday, when a sort of crypto shadow bank called Celsius Network suspended withdrawals from depositors who had been ent...
18 Jun, 2022, 12.34 PM IST
Bitcoin tumbles to new 18-month low as crypto sell-off acceleratesThe world's largest cryptocurrency fell as much as 7.8% to $20,289, its lowest since December 2020. It has lost around 28% since Friday and...
16 Jun, 2022, 11.56 AM IST
Bitcoin tumbles as crypto sell-off acceleratesThe world's largest cryptocurrency fell as much as 7.8% to $20,289, its lowest since December 2020. It has lost around 28% since Friday and...
15 Jun, 2022, 03.48 PM IST
Crypto hedge fund’s tweet fuels speculation over lossesCrypto markets had already witnessed two high-profile blowups since early May, roiling an asset class that was already under pressure from ...
15 Jun, 2022, 02.53 PM IST
Wall Street watchdog to laid-off crypto employees: work for usWhile federal agencies jockey for position to be the primary regulator for digital assets, regardless of the outcome, Financial Industry Re...
15 Jun, 2022, 08.20 AM IST
Coinbase to cut 1,100 jobs amid turmoil in crypto marketsThe layoffs come a day after Bitcoin fell as much as 14% after major U.S. cryptocurrency lending company Celsius Network froze withdrawals ...
14 Jun, 2022, 06.09 PM IST
Dollar higher as risky assets tumble; yen rebounds from 1998 lowsThe U.S. Dollar Currency Index, which tracks the greenback against six other major currencies, was up 0.4% at 104.83, within sight of the 2...
13 Jun, 2022, 08.31 PM IST