Ledn First-Quarter Loans Top Record $690M as Lending Market Snaps Back
Crypto lender Ledn processed more than $690 million in loans during the first quarter, its most successful quarter since the firm’s inception in 2018.
Celsius
Celsius’ Bitcoin Mining Assets to Restart as New Firm Prepares to Go Public
The new company, Ionic Digital, expects to hit mining capacity of 12.7 exahash per second (EH/s).
Celsius to Distribute $3B Crypto to Creditors as Firm Emerges From Bankruptcy
The distribution will be made through PayPal and Coinbase.
Ethereum Validators Forced to Wait Days to Unstake Amid Celsius Withdraws
This means there is now a 5.6 day wait for validators to exit the Ethereum blockchain.
Celsius to Unstake Thousands of Ether, Possibly Easing ETH Selling Pressure
The defunct crypto lender sent over 30,000 ETH to custodian Fireblocks in the past week, some of which was deposited at crypto exchange Coinbase, data shows.
Celsius to Transition to Mining-Only NewCo After SEC Feedback in Updated Bankruptcy Plan
Crypto lender Celsius will transition to a new company that focuses only on Bitcoin mining, a shift from an earlier reorganization plan that included a focus on staking too.
Celsius Revamp Plan Hits Speed Bump With SEC: Source
The U.S. Securities and Exchange Commission wants more information about the assets of the former crypto lender, which is reorganizing through bankruptcy, a person familiar with the matter said.
Celsius Bankruptcy Reorganization Plan Approved by Court; Implementation by Early 2024
Crypto lender Celsius secured approval for its reorganization plan from a bankruptcy court on Thursday, marking an end to an ordeal that began when it filed for bankruptcy in July last year.
Celsius Winner Proof Group Is in Running to Relaunch FTX, Sources Say
The Silicon Valley investment firm was part of the Fahrenheit consortium that successfully bid for bankrupt cryptocurrency lender Celsius.
Sam Bankman-Fried Rebuffed Barry Silbert’s and Celsius’ Requests for Help, Ex-FTX CEO Testifies at His Trial
Digital Currency Group CEO Barry Silbert asked Sam Bankman-Fried for help, SBF testified Friday (DCG)