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Bankrupt crypto lender Celsius owes users $4.7 billion, court document reveals

Celsius Networks, a US-based crypto lender, which filed for bankruptcy protection on July 14, owes…

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Elon Musk is a 'tourist' in crypto who just wants to 'collect followers,' Celsius Network CEO says

"We're going to get to where we're going with Elon or without Elon," Mashinsky said at the Bitcoin …

Will Daniel   


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1 min read

Brian Evans   


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3 mins read

Judge allows Sam Bankman-Fried to keep his new lawyers after prosecutors warn of conflict of interest

SBF, with curly hair and ankle chains, returned to court after prosecutors said his lawyers had a c…

Jacob Shamsian,Katie Balevic   


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1 min read

Celsius cofounder accused of defrauding investors in New York attorney general's lawsuit

The suit seeks to ban Mashinsky from conducting any future business in New York State as well as fo…

Brian Evans   


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4 mins read

The social aspects and sense of community are the crypto market's biggest allure and its biggest danger, experts say

The social aspect is an alluring part of crypto - and that's been a dangerous pitfall for some inve…

Jennifer Sor   


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3 mins read

Crypto lender Celsius is freezing withdrawals - after its founder promised to reinvent the financial system and never act like a traditional bank

Celsius froze withdrawals and transfers just a month after Terra's luna token crashed to zero, cont…

George Glover   


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2 mins read

Ponzi probe finds bankrupt crypto lender Celsius wasn't doing business the way it told customers

Court-appointed examiner Shoba Pillay said the bankrupt Celsius Network acted as the market maker f…

Ryan Hogg   


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1 min read

Failed crypto lender Celsius says it's filing for bankruptcy

"This is the right decision for our community and company," Celsius's chief executive and co-founde…

George Glover   


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'Dr. Doom' economist Nouriel Roubini slams crypto as a massive fraud - and blasts Kim Kardashian for promoting coins

Roubini declared that manure is more precious than some of the most ridiculous coins, as he believe…

Theron Mohamed   


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After firing 150 employees, crypto lending platform Celsius Network files for bankruptcy

The platform said that it initiated voluntary Chapter 11 bankruptcy proceedings to provide it with …

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George Glover   


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Celsius is conducting its own misconduct investigation as customers tell a bankruptcy court that the company's founders misled them

The Celsius bankruptcy docket has swelled with hundreds of letters from Celsius users, many suggest…

Sindhu Sundar   


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Bitcoin sinks under $20,000 to lowest level since late 2020 as crypto selloff continues

The crypto crash has sparked big layoffs and forced some exchanges to pause trading, with more turm…

Jyoti Mann   


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Tether's stablecoin loses its dollar peg again after lending platform Celsius freezes all withdrawals

Tether's collapse could potentially be crypto's "Lehman Brothers moment", GlobalBlock analyst Marcu…

George Glover   


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3 mins read

Explained: Five things to know about US-based crypto lender Celsius’s crash

Crypto lender Celsius filed for bankruptcy protection under Chapter 11 on Thursday.

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BitMart suspends withdrawals after hackers drained almost $200 million in cryptocurrencies using a stolen private key

Close to $200 million was stolen from crypto wallets from the BitMart exchange using a stolen priva…

Camomile Shumba   


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4 mins read

Pressure was lifted from sterling as the UK government announced a U-turn on its tax plans that had sent the pound to new lows. Here's what to know.

Following a week of chaos sparked by the UK government's mini budget, the pound got some relief yes…

Hallam Bullock   


Aaron Weinman   


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2 mins read

Bitcoin surges past $20,000 for the first time ever, extending year-to-date return to 185%

The digital currency surged more than 5% to trade at about $20,550 as of 9:30 a.m. ET, breaking a r…

Shalini Nagarajan