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On Monday, Sept. 23, 2024, the crypto market reached a total value of $2.22 trillion, marking a 1.3% increase in just 24 hours. Over the past week, bitcoin (BTC) climbed 8.7% against the U.S. dollar, while ether (ETH) enjoyed an impressive 15.8% rise. However, other digital currencies outshined both top coins, posting even larger gains. … Read more
Stablecoin issuer Tether has slammed the”baseless” claims that it illegally liquidated Celsius Network’s bitcoin collateral. Tether accused the crypto lender of trying to “improperly impose the costs of Celsius’ mismanagement and failure on Tether.” Shameless Litigation Stablecoin issuer Tether Holdings Ltd. has rejected the “baseless” claims by the bankrupt crypto lender Celsius Network that the … Read more
The majority of Celsius creditors have voted in favor of a plan that will see approximately $2 billion worth of Bitcoin and Ethereum returned to creditors. Go to Source
Bankrupt crypto lender Celsius Network is attempting to recover assets from a private lender called EquitiesFirst Holdings, which reportedly owes $439 million in cash and crypto. Go to Source
If the majority of CFTC commissioners agree with that conclusion, it could file a case in federal court. Go to Source Powered by WPeMatico
Core Scientific said favorable market conditions have increased its liquidity position and its bankruptcy restructuring plan has been revised. Go to Source Powered by WPeMatico
Core Scientific has rejected a multi-million-dollar administrative claim from Celsius Network, arguing it’s owed an even higher amount from the crypto lender. Go to Source Powered by WPeMatico
New court filings are pushing to straighten out the issue in a bid to help recover lost funds for customers. Go to Source Powered by WPeMatico
Celsius creditors say info from FTX is crucial in determining if some CEL trades were meant to inflate its price artificially. Go to Source Powered by WPeMatico
The self-custody platform was acquired by Celsius in 2021 for $115 million and is now set to change hands, pending approvals. Go to Source Powered by WPeMatico
