Celsius

Celsius Network Unveils Ethereum Unstaking for Efficient Creditor Distribution

Wyatt NewsonJan 5, 20242 min read

Celsius Network Unstakes Ethereum Holdings to Distribute Assets Now-defunct cryptocurrency lender Celsius Network has announced its plans to unstake its Ethereum (ETH) holdings as part of…

Celsius to Unlock ETH Holdings to Provide Sufficient Liquidity for Creditors

Theon BarrettJan 5, 20242 min read

ETH Price Rise Facilitates Asset Distribution for Celsius Celsius, the defunct crypto lender that filed for Chapter 11 bankruptcy protection in July 2022, is preparing for…

Celsius Network Initiates Ethereum Unstaking to Repay Creditors

Bernard NicolaiJan 4, 20242 min read

Ethereum Staking Assisted Celsius Restructuring The now-defunct cryptocurrency lending platform Celsius Network has announced its intention to unstake all Ethereum holdings as part of the asset…

Celsius Receives Bankruptcy Judge’s Approval for Transition to Bitcoin Mining

Benito CormiDec 30, 20232 min read

Celsius Cleared to Transition to Bitcoin Mining After Court Approval Crypto lender Celsius has received the green light from United States District Judge Martin Glenn to…

Court Gives Green Light to Celsius Network’s Transition into a Bitcoin Mining Firm

Gapster InnesDec 28, 20232 min read

Shift in Exit Strategy Due to Regulatory Hurdles Celsius Network, the embattled cryptocurrency lender, has received court approval for a revised bankruptcy exit plan. This new…

Celsius Secures $225M ‘MiningCo Transaction’ Approval from US Bankruptcy Court, Blocking Chapter 11 Securities Ruling

Wyatt NewsonDec 28, 20232 min read

Bankruptcy Court Approves Celsius’ “MiningCo Transaction” Celsius Network, a bankrupt cryptocurrency lending company, has received approval from the United States Bankruptcy Court for its proposed “MiningCo…

Controversy Arises as FTX Estate Receives Criticism for Decreased Cryptocurrency Asset Valuation During Bankruptcy Proceedings

Benito CormiDec 28, 20232 min read

FTX Customers Face Disappointment over Proposed Payouts Customers of FTX who are going through the bankruptcy process are expressing their dissatisfaction with the estimated claims provided…

Anticipating 7 Upcoming Crypto Court Cases in 2024

Noah RyptonDec 25, 20234 min read

Major Courts and Pending Lawsuits in the Crypto Industry 2023 was a busy year for government prosecutors and digital asset attorneys, with several crypto industry stakeholders…

Hut 8 Secures Interim Agreement for Texas Mining Amid Celsius Bankruptcy

Noah RyptonDec 18, 20232 min read

Celsius Network’s Bankruptcy Proceedings Lead to Partnership with Hut 8 As part of the bankruptcy proceedings of the Celsius Network, Hut 8, a leading North American…

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