Celsius Network

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Celsius Seeks Court Approval To Sell Its Stablecoin Holdings

Celsius Network filed a request to sell its stablecoin assets in order to acquire funds for its operations.

Thai SEC Prohibits Crypto Operators From Providing Staking and Lending Services

Thai SEC has banned crypto operators from providing or advertising crypto depository services that pay returns to depositors. They claim this move will protect the public from the business risks of these services.

South Korean Prosecutors Issue Arrest Warrant Against Terraform Labs CEO

Investigation teams from the Seoul Southern District Prosecutor's Office issued an arrest warrant against Do Kwon, co-founder, and CEO of Terraform Labs, over violation of the Capital Markets Act.

Celsius Files To Reopen Withdrawal For Eligible Users

The defunct crypto lender announced that it is making moves to pay holders of certain accounts. The proceeding will be held on 14 September, so until then, affected users will have to keep their fingers crossed.

Celsius CFO Debunks Rumors, Reveals Details About Mining Operations

In a recent bankruptcy hearing call, Chris Ferraro, Celsius’ CFO, assures investors that the platform has enough funds to last until the end of 2022. 

Zipmex CEO Refuses To Resign Following $50M Loss

Marcus Lim, CEO of crypto exchange platform Zipmex, reveals he will not step down from his leadership role despite the company’s losses amounting to over $50M.