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Celsius Network
Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days
Embattled crypto lender Celsius Network is shaking up its ether (ETH) staking strategy, congesting the already month-long queue to activate new validators on the Ethereum network. Over the course of two days, the firm has been…
Crypto Lender Celsius Network’ $800M ETH Staking Shake-Up Stretches Ethereum Blockchain’s…
On Thursday, the firm moved a total of 291,000 ETH, worth $553 million, into staking contracts, according to a Dune Analytics chart by 21Shares. A total of 192,000 tokens were deposited into the Celsius staking pool, while 99,000 tokens…
Bankrupt Crypto Lender Celsius Transfers $75M of Ether (ETH) to Staking Service Figment
According to data by crypto intelligence firm Arkham Intelligence, Celsius transferred some 40,928 ETH to a crypto wallet spread through fourteen transactions between May 10 and May 12. The account is owned by Figment, who deposited the…
Private-Equity Giant Apollo Is Part of a Bid to Buy Bankrupt Crypto Firm Celsius
The $500 billion-plus firm is involved in NovaWulf's offer for Celsius, according to a person familiar with the matter.
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Embattled Crypto Lender Celsius Network Allocates $25M for Custody Account Withdrawals, Burns $500M…
Crypto lender Celsius Network, which is currently operating under bankruptcy protection, has established a crypto wallet with $25 million of digital assets for Celsius’ custodial account holders to withdraw, blockchain intelligence firm…
Celsius Failed to Record Some 7,000 Intercompany Transfers Worth Billions Leading Up to Bankruptcy
"Given the dearth of record-keeping, it may not be possible to fully reconstruct the intercompany Claim," the statement said. "If it were at all possible, it would be a time and cost intensive forensic accounting exercise that would…
Ethereum sell-off resumes with ETH price risking another 25% decline in June
Ethereum's native token Ether (ETH) slumped on June 16, suggesting that its relief rally coinciding with the Federal Reserve announcing it will hike the benchmark rate by 0.75%, is at risk.Ether bulls trapped?Ether's price slipped by…
Ethereum crashed by 94% in 2018 — Will history repeat with ETH price bottoming at $375?
Ethereum's native token Ether (ETH) is showing signs of bottoming out as ETH price bounced off a key support zone. Notably, ETH price is now holding above the key support level of the 200-week simple moving average (SMA) near $1,196. The…
DeFi contagion? Analysts warn of ‘Staked Ether’ de-pegging from Ethereum by 50%
The next big crypto crash could be around the corner due to Lido Staked Ether (stETH), a liquid token from the Lido protocol that is supposed to be 100% pegged by Ethereum’s native token, Ether (ETH).Notably, the stETH peg could drop…