News with the tag "CEL token"

Celsius Network‘s CEL Token Surges Over 300% After Launching $2.5 Billion Repayment Plan : Celsius Network’s native token (CEL) saw a massive surge of over 300% after the bankrupt crypto lender initiated a $2.5 billion repayment plan aimed at compensating creditors, according to Cointelegraph. The C...

On Monday, Sept. 23, 2024, the crypto market reached a total value of $2.22 trillion, marking a 1.3% increase in just 24 hours. Over the past week, bitcoin (BTC) climbed 8.7% against the U.S. dollar, while ether (ETH) enjoyed an impressive 15.8% rise. However, other digital currencies outshined both...

Over 121,000 Celsius creditors have yet to claim their funds, according to the Celsius bankruptcy administrator.

According to a Bloomberg report, Celsius Network, the crypto platform that filed for bankruptcy in July 2022, demands that major customers who collectively withdrew over $2 billion before the bankruptcy return those funds to avoid potential litigation. An oversight committee formed during Celsius’s ...

In a recent announcement, bankrupt crypto lender Celsius has initiated additional withdrawals for certain eligible custody users. However, it’s important to note that only specific custody assets are currently available for withdrawal, while other cryptocurrencies such as Bitcoin (BTC) remain inacce...

A judge will allow Celsius to pay out CEL tokens and reopen as a mining business as it enters a recovery phase. According to Bloomberg, the failed crypto lending firm The post Celsius Cleared To Exit Bankruptcy And Reopens As A Mining Business appeared first on BitcoinWorld .

Just before the now-defunct crypto lender Celsius was charged by three U.S. federal regulators — the Commodity Futures Trading Commission (CFTC), Securities and Exchange Commission (SEC), and Federal Trade Commission (FTC) — its former CEO, Alexander Mashinsky, was arrested on fraud charges Thursday...