Tag: Alex Mashinsky
Breaking News
Celsius Starts Distributing Over $3 Billion in Crypto and Fiat to Creditors – Unchained
Crypto lender Celsius announced that it has emerged from bankruptcy and has started distributing more than $3 billion worth of crypto and fiat...
Jihan Wu Will To Become Bitdeer CEO In March
Bitdeer has announced that Jihan Wu would be moving from chair of the company’s board of directors to CEO starting on...
Celsius to Unstake $466 Million Ethereum Holdings, ‘Ensure Ample Liquidity’ for Creditors – Decrypt
Bankrupt crypto lender Celsius Network will unstake its existing holdings of Ethereum in order to "ensure ample liquidity" when distributing assets to its creditors.In...
U.S. Judge Denies Changpeng Zhao’s Second Attempt to Travel Abroad
During the course of his protracted legal struggle in the United States, Changpeng "CZ" Zhao, who formerly served as the CEO of Binance, has...
2023 Top Stories in Crypto Industry – CryptoCurrencyWire
The year 2023 proved to be a challenging period for the cryptocurrency sector, witnessing the reckoning of bad actors that had flourished during the...
Decrypt’s 2023 Story of the Year: The War on Crypto – Decrypt
After years of mostly unkind words for the crypto industry, 2023 was the year that U.S. regulators took out the sticks and stones. Following the...
What is the Bitcoin Halving, When Is it (2024), and Why It Matters
The Bitcoin Halvening (or halving) is a significant moment in Bitcoin’s history; this pre-programmed event protects Bitcoin from inflation and helps ensure a degree...
Celsius Network Obtains Approval for Restructuring
Celsius Network has secured the approval of the US
bankruptcy court to restructure its business. In the plan, the company has promised to return
crypto assets...
Celsius Changes Name to NewCo, Creditors to Get Shares and $2B in Crypto
Celsius bankruptcy plan approved as judge confirms celsius bankruptcy exit
The plan allows Celsius to distribute approximately $2 billion worth of Bitcoin...
Celsius Gains Bankruptcy Court Approval for its Restructuring Plan
The New York bankruptcy court has approved Celsius Network’s restructuring plan, effectively enabling the cryptocurrency lending platform to come out of bankruptcy.
Meanwhile, the...
Crypto Lender Celsius Receives Court Approval to End Bankruptcy Case
A U.S. bankruptcy judge approved the firm’s reorganization plan, which will return some crypto assets to customers and form a new company around...
SBF’s Verdict Marks the End of a Crypto Era
In an outcome that won’t surprise observers, Sam Bankman-Fried, the Founder and former CEO of collapsed crypto exchange FTX, has been found guilty of...