Celsius Network Files for Bankruptcy, has $167 Million in Cash
Celsius Network has filed for bankruptcy in New York to stabilize and restructure less than a month after suspending withdrawals.
Crypto News
DeFi
Crypto News
Exchange
KuCoin (KCS) Token Crashed 25% after Insolvency Rumors
The native token of KuCoin, KCS, fell 25 percent last week after rumors of insolvency and possibility of the ramp suspending withdrawals.
Crypto News
DeFi
Nexo Allegedly Trading Against Clients to Force Liquidation
Nexo, the regulated and centralized crypto money market, is accused of trading against clients and charging an illegal liquidation fee.
Crypto News
General
Billionaire Investor Says the Crypto Winter will Crash “Weak” Projects
Mark Cuban has said stock and crypto companies sustained by cheap money would be exposed and fold during this financial winter.
Crypto News
DeFi
Compound Finance Founder Wants DeFi Protocols to be More Transparent
Robert Leshner of Compound Finance protocol said DeFi needs more transparency now than before following collapse of recent crises.
Crypto News
DeFi
Celsius Network Pays a $47.1 Million Loan, CEL Rallies 100%
CEL, the native token of the Celsius Network, is up a massive 45 percent against the USDT in the past trading day, defying gravity.