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2 mins read
Celsius CEO says one of the scariest times for the energy drink brand was getting 'pink slipped' by Costco
Celsius has had a rocky road on its way to becoming the third-largest energy drink brand on the mar…
Dominick Reuter
3 mins read
June warmest on record; every month since July 2023 breached 1.5 deg C threshold
According to scientists at C3S, every month since June last year has been the warmest such month…
PTI
3 mins read
May heat wave in India 1.5 degrees Celsius warmer than warmest heat wave
"The temperature changes show that similar events produce temperatures in the present climate…
PTI
2 mins read
Delhi's Safdarjung records 1.9 degrees Celsius
Amid a cold wave prevailing in parts of northern India, Safdarjung in Delhi recorded a minimum temp…
ANI
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.
2 mins read
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…
2 mins read
A former employee at bankrupt crypto-lender Celsius has sued the company, calling it a 'Ponzi scheme'
Jason Stone, the CEO of a firm that Celsius acquired, says the cryptocurrency lender failed to hedg…
Katie Canales
1 min read
Crypto lender Celsius Network pauses all withdrawals, transfers due to 'extreme' market conditions
The decision led to a nearly 55 per cent crash in the price of its digital token 'CELL' to as lo…
1 min read
Celsius is weighing a crypto bankruptcy token to pay back creditors in reorganization
Celsius is considering a plan to issue a new cryptocurrency to repay creditors as part of a bankrup…
Brian Evans
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
2 mins read
Coinbase soars 20% as the exchange says it has no exposure to bankrupt firms struggling through crypto winter
"We believe these market participants were caught up in the frenzy of a crypto bull market and forg…
Jennifer Sor
1 min read
Crypto lender Celsius is betting on its mining operation to help it reorganize as creditors and customers look to recoup $5 billion from the firm
"In a world where the crypto market rebounds, the mining business has the potential to be quite val…
Jennifer Sor
2 mins read
Sam Bankman-Fried is positioning himself as crypto's 'lender of last resort' - but even he reportedly couldn't deal with the $2 billion hole in Celsius' balance sheet
FTX walked away from a deal to buy Celsius before the troubled crypto lender filed for bankruptcy t…
George Glover
Eetika Kapoor
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
1 min read
Staff shortage hits TN power utility's monsoon maintenance plans
The maintenance plans of the Tamil Nadu Generation and Distribution Company (Tangedco) for the mons…
2 mins read
Crypto lender Celsius is 'deeply insolvent' and does not have the ability to meet obligations to creditors or account holders, state regulator warns
Regulators warned that Celsius does not have the money to meet its obligations, adding that company…
Jennifer Sor
5 mins read
Locked out of the Vauld: How the cryptocurrency exchange’s vaulting success unravelled
The year 2022 started well for Vauld, a Singapore-domiciled cryptocurrency exchange. It had raised …
3 mins read
Crypto lender Vauld has frozen withdrawals, and hedge fund Three Arrows Capital has filed for bankruptcy. Here are the crypto firms hit by the sell-off.
The crash in crypto prices is spurring a liquidity crisis among lenders and exchanges. Here are the…
George Glover
1 min read
Cryptocurrency lending platform Celsius lays off a quarter of its workforce
The platform last month paused all withdrawals citing "extreme market conditions". According …