Tag: cel

Jun 16 2022

Celsius Hires Restructuring Attorneys After The Withdrawal Cease

Jun 16 2022 Published at Bitcoinist.com under tags  cel celsius crypto news lawyers

Celsius, a crypto lending firm, froze their withdrawals on Sunday and now has hired restructuring attorneys from a law firm in order to get assistance about the current financial condition. Citing "extreme market conditions", Celsius had taken the decision to pause withdrawals along with ceasing the...

Jun 12 2022

Celsius Network – Game Over for CEL?

Celsius is all over crypto Twitter right now. Speculation is rampant. Depositors and investors have questions. A lot is going on. Was a CeFi lender supposedly built on a solid, US-regulated foundation built on top of quicksand? This story has everything from facts about trading losses, to liquidity questions, to possible...

Jun 10 2022

CEL Nearing 50 Cents as Traders Look For a Bottom?

Jun 10 2022 Published at Altcoin Buzz under tags  cel defi technical analysis

Celsius is one of the biggest lenders in the crypto business with around $11.8 billion in assets. The company makes money by lending out users' digital assets in exchange for exorbitant interest rates. Celsius also allows investors to take out low-interest loans with cryptocurrency as security. According to reports, things at the Celsius crypto loan platform may not be going so well. Some...

Jun 07 2022

Will Celsius Not Be Able to Honor Redemptions?

It appears that the Celsius network may have run into liquidity issues. They may be insolvent on their ETH position. A Twitter thread by Mike Burgersburg reveals this. We doubt that this is his real name. He tends to investigate crypto projects. Furthermore, he uses the Twitter handle...

Jan 27 2022

Celsius is integrating Chainlink PoR to enable auditable wrapped tokens

Jan 27 2022 Published at CryptoSlate under tags  ada cel defi doge eth

Celsius announced integrating Chainlink Proof of Reserve (PoR) to enable the creation of auditable and highly secure cross-chain wrapped tokens. With this integration, the popular lending platform that enables users to earn interest on deposited crypto will successfully bridge wrapped versions of...

Dec 04 2021

Was Celsius the ‘biggest victim’ in the recent BadgerDAO exploit?

Dec 04 2021 Published at CryptoSlate under tags  badger btc cel defi hacks

Bitcoin DeFi tool BadgerDAO suffered a major attack earlier this week, and according to the current speculation, one of the most affected addresses that lost nearly 900 Bitcoin could be owned by...

Jul 02 2021

CEL Price Prediction

Jul 02 2021 Published at Altcoin Buzz under tags  cel celsius network technical analysis

Celsius (CEL) is an all-in-one banking and financial services platform for cryptocurrency users. Celsius Network is a P2P lending platform allowing users to borrow and lend cryptocurrencies. The system is based on the Celsius Network native token, CEL. By using their cryptocurrencies as collateral, borrowers can easily have access to fiat currencies with a small interest rate without the need to sell their...

Jan 19 2021

Layer 2 DEX Loopring Liquidity Mining Pools Growing

Jan 19 2021 Published at Altcoin Buzz under tags  cel celsius network defi loopring lrc

Decentralized exchange Loopring is expanding its trading pairs and liquidity pools, which is good news for those that want to avoid those heavy gas fees and earn a few tokens. The latest addition to the ever expanding list of tokens on Loopring is Celsius’ CEL token. A CEL/ETH pool has been enabled for...

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