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Celsius Network (CEL) News



Celsius crypto lending

Celsius Aims to Return Custody Clients' Funds

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Celsius, a cryptocurrency lender which filed for bankruptcy nearly a month ago, filed a request to return custody holders' funds while implementing a restructure and resuming of its services. The paper says the company has about 58,300 users who made deposits of more than $210 M with custody and...

Goldman Sachs Celsius

Goldman Sachs Plans to Buy Celsius Assets

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New York-headquartered international investment bank Goldman Sachs is seeking $2 bln from investors to purchase assets if the cryptocurrency lender Celsius goes bankrupt. The deal would let investors acquire the assets at significant discounts. People familiar with the matter told the news site...

Alex Mashinsky Celsius

Celsius CEO Alex Mashinsky Posted About the Issues

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On June 12, crypto lending platform Celsius reported stopping all the withdrawals, swaps, and transfers between accounts because of extreme market conditions. The crypto market has experienced volatility and prices fell significantly. An announcement by the company said that the team was taking...