Cryptocurrency market hacks have been on a rampant rise so far this year in 2022. As per the latest Chainalysis report, the decentralized finance (DeFi) sector has been the biggest victim of hackers. So far through July 2022, $1.9...
In a yet to be fully aired interview by Coinage Media, hosted by Zack Guzman, called "Inside Crypto's Largest Collapse", the founder of beleaguered Terra Form labs...
The DeFi has faced a setback after the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) sanctioned crypto mixer Tornado Cash. Several...
CEO of Binance, Changpeng Zhao "CZ" has shared on Twitter that $450k has been recovered from the funds stolen by hackers on exchange liquidity pool Curve...
In another major security incident in the crypto space, decentralized crypto exchange Curve Finance found its DNS being hijacked. The hackers managed to deploy a malicious contract on the home page, which when...
Nomad in an on-chain message requests attackers to return funds to the ENS address nomadexploit.eth to classify them as a whitehat. Further, Nomad clarified that no action will be taken against anyone who promises to return funds and will be rewarded with a 20% bounty. Nomad Requests Attackers To Return Funds for 20% Bounty Nomad The post Breaking: Nomad Announces ENS Address And...
Crypto lender Celsius Network filed for bankruptcy on July 13, exactly a month after stopping withdrawals and transfers from accounts. As part of the bankruptcy court hearing, Celsius today disclosed its financial overview and restructuring plan to Judge Martin Glenn of the U.S. Bankruptcy Court for the Southern District of New York. Restructuring plans reveals...
Celsius' CEL token price is soaring despite the crypto lending firm filing for Chapter 11 bankruptcy. In the last 24 hours, the CEL token price has skyrocketed nearly 80% as a result of the community-led "CEL Short Squeeze." Celsius (CEL) Price Skyrockets Amid "CEL Short Squeeze" Celsius bankruptcy filing has revealed $1.2 billion of bad...
Beleaguered crypto lender Celsius has left its customers or depositors in limbo as it files for Chapter 11 bankruptcy in New York. Users plan a community-led "CEL Short Squeeze" to recover their money as they believe the crypto lender may not resume withdrawals. A short squeeze refers to intentionally creating a sharp rally fueled by...
Crypto lender Celsius Network has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of New York, the court filing shows. However, according to the company's terms and conditions, customers or depositors may not get their money either from deposits or yields. Customers in Trouble After Celsius Files For Bankruptcy...
Beleaguered crypto lender Celsius has now withdrawn all staked Ethereum (stETH) collateral after repaying its USDC loan completely on Aave and sent it all to another address. In fact, the address seems to be of Coinbase Custody after CEO Ryan Bozarth hints they bought stETH from the crypto lender at discount. Meanwhile, the pressure on...
Crypto lender Celsius has cleared its intention now as it completely repaid its Aave loan, and the Maker loan last week. The outstanding debt has now been reduced to almost $50 million. Celsius could be possibly looking to repay its outstanding Compound loan and additional token liquidations this week. The crypto lender has also withdrawn...
Beleaguered crypto lender Celsius was sued by a former asset manager on Thursday, who alleged that the firm was an elaborate "Ponzi Scheme." In a...
Beleaguered crypto lender Celsius is at high risk of being insolvent and may file for bankruptcy. Meanwhile, the company and its affiliates are trying everything including debt repayments, restructuring, and CEL short squeeze to prevent bankruptcy. The FUD rose after bankruptcy filings by Voyager Digital and Three Arrows Capital. Despite paying weekly rewards, the withdrawals The post Here's What Happens If Celsius Prepares...
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