BitBoy founder threatens class action lawsuit against Celsius
BitBoy Crypto founder Ben Armstrong said that Celsius won’t let him withdraw money from the platform without sending more money to it first. Go to Source Powered by WPeMatico
Alex Mashinsky
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Celsius Insolvency Rumors Swirl After Company Pauses Withdrawals, Nexo Offers to Buy Firm’s Assets
On Monday, June 13, 2022, the crypto economy dropped below the $1 trillion region, as a great majority of crypto assets have lost between 10% to 25% during the last 24 hours. Meanwhile, the crypto community has been discussing the cryptocurrency lending application Celsius as rumors of insolvency have been swirling. On June 12, around … Read more
Mashinsky says ‘Sharks of Wall Street’ circling around Celsius and other projects
Alex Mashinsky has stated firmly that it is opportunistic short sellers on Wall Street that is responsible for the negative price action in the markets. Go to Source Powered by WPeMatico
Celsius expands funding round to $750M, tips $7B to $10B valuation in 2022
Celsius CEO Alex Mashinsky said that the oversubscribed $750 million funding round was a “very good indication” of the strength of the company’s lending and yielding brand. Go to Source Powered by WPeMatico
Mashinsky says USDT is minted for crypto as $1M bounty offered to unpick reserves
Hindenburg Research is offering a $1 million bounty for information on Tether’s reserves, with the firm stating that Tether is yet to disclose virtually anything “about its counterparties.” Go to Source Powered by WPeMatico
‘Coins’ doco series featuring some of the biggest names in crypto premieres today
The Coins Podcast docuseries will explore the history of money and the impact that crypto and blockchain tech has had on the global financial system. Go to Source Powered by WPeMatico
Celsius users to receive yield from its $200M Bitcoin mining investment
“There’s nothing better than building a factory that makes Bitcoin,” said Celsius CEO, Alex Mashinsky. Go to Source Powered by WPeMatico
Bitcoin Volatility Expected to Rise After the US Presidential Election
While the United States prepares for the results of the 2020 Presidential Election, a number of data points and traders expect some significant cryptocurrency price fluctuations this week. Statistics from skew.com show bitcoin’s 30-day implied volatility has increased to 59% while 3-6 month stats jumped over 62%. The digital currency economy is hovering at around … Read more
Brock Pierce: True decentralization is a way off
True decentralization will take time, U.S. presidential candidate Brock Pierce suggests, citing DeFi as a crucial stepping stone towards this end. Go to Source Powered by WPeMatico
Cryptocurrency-Focused Docuseries Airs to Millions of Viewers via the Discovery Science Channel
A new docuseries called “Open Source Money” recently aired on July 4 and premiered on the Discovery Science channel. The new show gave millions of Discovery viewers information concerning bitcoin, cryptocurrencies, initial coin offerings, and blockchain technology. The cryptocurrency-focused show airing on Discovery will continue this summer with a number of episodes broadcasting once a … Read more
