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Celsius Network’s Token CEL Drops 58% After Bankruptcy Filing, So-Called ‘Short Squeeze’ Falters
14.7.2022
During the last 30 days, the Celsius Network’s native token CEL increased in value by over 140% against the U.S. dollar. On July 13, just before the lending company filed for Chapter 11 bankruptcy, CEL was exchanging hands for $0.961 per unit. Following the news that the company filed...
Celsius Network 'Could Stick Around' After Bankruptcy, Restructuring Expert Says
14.7.2022
Ryan Preston Dahl, a partner at Ropes & Gray, joined CoinDesk TV’s “First Mover” to discuss the crypto lender’s bankruptcy filing
Data transfer network Plaid integrates 4 major crypto exchanges
14.7.2022
The San Francisco-based fintech company now supports Binance.US, Gemini, Robinhood and SoFi accounts
Celsius Files for Bankruptcy — Regulator Says the Crypto Lender Is ‘Deeply Insolvent’
14.7.2022
Another crypto lender, Celsius Network, has sought bankruptcy protection in the U.S. “Customer claims will be addressed through the Chapter 11 process,” the company said. Two other crypto firms recently filed for bankruptcy protection: Voyager Digital and Three Arrows Capital (3AC)....
Pastel Network and Polygon Studios Form Strategic Alliance
14.7.2022
Pastel Network recently announced a partnership with Polygon Studios. The collaboration will see the ventures bring Copymint Security and NFT Permanent Storage to the Polygon NFT network. Besides, Polygon will aim to offer Pastel’s Cascade and Sense protocols to its NFT user base. The partnership...
Astar Network Opens New HRMP Channels With Acala
14.7.2022
Astar Network has opened a new HRMP channel with Acala to strengthen the mission of creating the next generation of innovative decentralized apps and process the adoption of Web3. The update brings aUSD to Shiden, the sister network of Astar. Astar Network made the announcement. It comes after...
CEL Crashes as Celsius Enters New Chapter of Its Saga and It's Restructuring
14.7.2022
After reportedly returning all of its debt to DeFi lending protocols, troubled crypto lender Celsius (CEL) said it has initiated voluntary Chapter 11 proceedings in the US in an attempt to stabilize its business. CEL dropped following the announcement.
At 03:03 UTC, CEL trades at USD 0.538 and...
Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks
13.7.2022
A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian banks were cut off as part of Western sanctions. The developers say their system would not allow the disconnecting of countries and banks. Russian Developers Create...
Syscoin and Jax.Network Announce Their Partnership
13.7.2022
Jax.Network and Syscoin take immense pride in announcing their newly formed strategic partnership, and it somehow was a factor waiting to happen. For a start, both share a similar vision, beliefs, and outlook, and considering all other factors, decided to take the plunge. With just a bit more...
Celsius Still in Hotspot Despite Repayments and Is ‘Likely Deeply Insolvent,’ Regulator Claims
13.7.2022
Crypto turmoil (yes, you guessed it) continues – and one of its key protagonists, the troubled crypto lender Celsius (CEL) remains…well...troubled.
Despite recent attempts to pay off its debts in an apparent bid to get its hands on locked-in collateral, in the United States, the Vermont Department...
California regulator investigating crypto interest accounts
13.7.2022
The regulator also said in its view that certain crypto interest account providers were providing unregistered securities, such as BlockFi and Voyager
Nervous Network (CKB) price posts double-digit gain after Godwoken layer 2 launch
12.7.2022
CKB booked a 35%+ gain after the release of its Godwoken L1 solution and the launch of a new NFT marketplace
Synapse Network and Eizper Chain Announce Partnership
12.7.2022
Synapse Network and Eizper Chain take immense pride in announcing their newly formed, mutually beneficial, and apt partnership. Eizper Chain is the very first blockchain-based Action Role Playing Game, as the first piece of information (ARPG). This surprise and exciting introduction to the world...
Celsius Debt Now Down to Around USD 120M After Aave, Compound Repayments
12.7.2022
Troubled crypto lender Celsius (CEL) appears to have no intention of being frozen out of the crypto world – and is continuing to take action to avoid possible insolvency as it has been hurriedly repaying the debts it owes.
Blockchain analytics data shows that Celsius has recently repaid some...
Helium network team resolves consensus error after 4-hour outage
12.7.2022
The network downtime affected token transfers and miner rewards, but not devices during the 4-hour outage caused by a failure in the Consensus Group
InsureDAO Partners Astra Network For Ambitious Growth Plans
11.7.2022
Post its Optimum Launch, InsureDAO has formally announced they are going live on Astar Network as part of their multi-chain strategy. The objective and priority of InsureDAO are to lessen the risk factors involved in the upcoming projects and speed up the project launch on Astar. A huge...
Today in Crypto Turmoil: Sun Readies USD 5B Spend, Celsius’ Dealings ‘Exposed,’ CoinFlex Heads to HK Courts
11.7.2022
The Tron (TRX) founder Justin Sun says he is ready to spend big on acquisitions as another week of crypto turmoil begins – and there are also developments from Celsius (CEL) (as usual!), while the exchange CoinFlex could be gearing up to flex its legal muscles on Roger Ver.
Here’s all you need...
MyFunding.Network: Providing Stable ROI of 1.5% Daily with AI Trading Bot on BNB Chain
11.7.2022
Trading in cryptocurrencies may be intimidating for anybody, even seasoned investors. Investors who are new to bitcoin trading might occasionally become perplexed by the voluminous assortment of trading tools and analysis platforms. These possibilities, at best, deter people from actively trading;...
Ethereum Devs Delay Difficulty Bomb — ETH 2.0 Contract Surpasses 13 Million Ether Deposits
9.7.2022
On June 30, Ethereum developers delayed the network’s difficulty bomb via the Gray Glacier update, which means The Merge won’t happen at least until September 2022. Meanwhile, there’s now more than 13 million ethereum locked into the Beacon Chain worth $15.8 billion using...
Report: South African Firm Launches ‘Crypto Water Token’ — Receives Investment of $150M
9.7.2022
The South African company behind the so-called “crypto water token” is reported to have secured an investment of $150 million from a Bahamas-based digital asset management company, GEM Digital. Initially available on decentralized exchanges only, the H2ON token was recently listed...