Celsius, the well-known crypto lending platform in the series of Terra’s collapse, filed for bankruptcy in July after a false attempt to survive the liquidation crisis. FTX’s approach could be a lifeline for the company. Although no official statement has been made, it is already known th...
The rug pull is the most common crime in crypto, with more than 300,000 scam tokens created and 2 million investors defrauded. This is greater than the number of investors harmed by the collapses of FTX, Celsius, and Voyager combined. But what is a rug pull, exactly? And how do they ...
As government regulations are yet to be put in place, Crypto markets carry less certainty with them, and hence, greater risk than the stock market. This has also caused many Crypto lenders such as Celsius and FTX to file for bankruptcy. ...
with an aim for below 1.5-degrees Celsius relative to preindustrial levels. The Paris Agreement also provides a way for developed nations to assist developing nations in their efforts to adapt climate control, and it creates
BONK was born in the harsh bear market winter winds of December 2022. The crypto market had been decimated by the Luna, Celsius, BlockFi, and FTX blowups. Solana’s close ties with FTX sent it into a faster spiral– SOL was trading at about $8, down 97% from its peak of about $26...
Several interconnected risks in the crypto space surfaced Current status in 2025 The company is still undergoing a restructuring process with the Singapore court overseeing it. During the bankruptcy filing, Babel Finance and Celsius owed $48 million and $5 million to Zipmex, respectively. Lessons...
pick is a marked turn from outgoing SEC Chair Gary Gensler, who cracked down on digital assets following a 2022 market rout that unveiled fraudulent practices and resulted in expensive blowups, including the sudden collapse of crypto exchange FTX, followed by crypto lenders Genesis and Celsius. ...
IOST CEO Jimmy Zhong, Celsius Network CEO Alex Mashinsky, and ICON co-founder Min Kim among others. Steven is a co-founder and CEO ofSteve, an AI financial coach. You can follow him on Twitter @TheRealBucci to read his “clever insights on the crypto industry.” His words, not ours....
“cz has done, and will continue to do, an incredible job of building out the global crypto ecosystem, and creating a freer economic world.” after a year in which trust in crypto companies has already been torn to shreds by the collapse of hedge fund three arrows capital, lender celsius...
The Downfall of Centralized Crypto Lending Platforms Like Celsius & BlockFi Decentralized Finance 2.0: Evolution and New Opportunities in the DeFi 2.0 Space Fintech’s Future: AI and Digital Assets in Financial Institutions About Techopedia’s Editorial Process ...