3 reasons why the FTX fiasco is bullish for Bitcoin
The FTX fiasco is nothing new for Bitcoin as it survived multiple exchange collapses, bear markets and even outright bans in its decade-plus existence. Go to Source Powered by WPeMatico
Celsius Network
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Crypto.com’s CRO token is in trouble but a 50% price rebound is in play
Short CRO traders were paying as much as 3% premium to long traders on Nov. 14, reflecting extreme bearishness in its futures market. Go to Source Powered by WPeMatico
Celsius Network’s bungling showed why centralization can’t protect privacy
Celsius’ bankruptcy proceedings resulted in 14,000 pages of customer data leaking to the public. The incident displayed the pitfalls of centralized finance. Go to Source Powered by WPeMatico
Celsius founder reportedly withdrew $10M before bankruptcy filing: FT
The details of the withdrawal will reportedly be part of upcoming court filings, and it’s possible the founder and former CEO of the crypto platform could be forced to pay it back. Go to Source Powered by WPeMatico
NEXO risks 50% drop due to regulatory pressure and investor concerns
Analysts fear NEXO price could come under pressure if regulatory action in the United States begins to intensify. Go to Source Powered by WPeMatico
Want to keep exchanges like Celsius from seizing your money? Be a ‘custody client’
Are your coins at risk of being seized by an exchange in the future? Here are some factors to consider related to using centralized exchanges. Go to Source Powered by WPeMatico
Celsius co-founder declares his equity is ‘worthless’ in court
It’s unclear if the court declaration by Leon will have any bearing on the value of the shares still in circulation. Go to Source Powered by WPeMatico
CEL climbs 50% as Celsius Network aims to return $50M to clients
The CEL price rally could fizzle out due to prevailing Celsius issues, including its bankruptcy. Go to Source Powered by WPeMatico
Report: Celsius CEO Accused of Controlling Crypto Company’s Trading Scheme and Placing Bad Bets
According to a recent report published on Tuesday, the Israeli-American founder and CEO of Celsius Network, Alex Mashinsky, was in charge of the company’s trading strategy. The report, citing multiple people familiar with the matter, said Mashinsky sold millions of dollars’ worth of bitcoin in anticipation to buy bitcoin cheap. Except after the CEO allegedly … Read more
Court filings reveal Celsius will run out of money by October
Celsius Network has been heading down a slippery slope since it filed for bankruptcy in July. Go to Source Powered by WPeMatico
