News with the tag "Celcius"

Bankrupt crypto lender Celsius Network has completed the payouts to two-thirds of the creditors despite the challenges of the distribution process. In its first report, the plan administrator detailed the status of the distribution plan and the following steps for the repayment process. Related Read...

Celsius Networks, currently undergoing bankruptcy proceedings, has engaged in significant Ethereum transactions that are causing ripples within the digital currency landscape. In the past 10 hours, on-chain analysts at LookonChain detected noteworthy transfers, including a 13,000 ETH deposit ($30 mi...

Recent reports addressed by the Luxor Technology executives emphasized their Bitcoin hash rate-backed product. The company stated that the returns noted are not from a pixie dust Ponzi scheme, shutting down all rumors of the company being related to illegal activities. Such incidents have flooded th...