Celsius


Finance

Goldman Sachs Leading Investor Group to Buy Celsius Assets: Sources

The Wall Street firm is seeking $2 billion in commitments from investors to buy distressed assets at steep discounts if the crypto lender goes bankrupt.

Goldman Sachs is said to have an eye on Celsius. (Chris Hondros/Getty Images)

Opinion

The Case for Suing Celsius, Terraform Labs

A securities lawyer discusses the duty of care crypto lenders may have for customer deposits and whether UST's founders misled the public.

If Celsius or Luna took your money, can you sue? (Tingey Injury Law Firm/Unsplash, modified by CoinDesk)

Videos

Ledger CEO on Future of Bitcoin, NFTs, Web3

Ledger Chairman and CEO Pascal Gauthier discusses why the crypto wallet provider is expanding into NFTs and Web3 for enterprises during a bear market and what the future holds for the decentralized world. Plus, lessons learned from the downturns of Terra and Celsius.

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Finance

Nexo Hires Citigroup to Advise on Acquisitions

The crypto lender is planning to buy rival platforms.

(Getty Images)

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Former SEC Lawyer Sees More Crypto Regulations After Celsius Network's Debacle

The crypto lender froze withdrawals, and several states are investigating.

(Moses & Singer LLP Partner Howard Fischer, CoinDesk TV, modified)

Finance

Celsius Network Pauses AMAs, With Customers Left in the Dark Over Withdrawals

Celsius has not yet provided an update on the status of withdrawals from its platform as regulators investigate.

Celsius CEO Alex Mashinsky (CoinDesk archives)

Markets

Bitcoin Plunges Below $20K for First Time Since December 2020; Ether Drops Below $1K

The continuing plunge in traditional financial markets and panic about crypto lending platforms sent Bitcoin into the teens for the first time in more than 18 months.

Bitcoin plunges below $20K (OGNYAN CHOBANOV/Getty Images)

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MakerDAO Cuts Off Its AAVE-DAI Direct Deposit Module

MakerDAO is temporarily stopping DAI from being minted and deposited in Aave’s crypto lending platform.

(artpartner-images/The Image Bank/Getty)

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Finance

Lido Finance Warns Leverage Is a ‘Hell of a Drug’

After integrating with DeFi major Aave, Lido saw leverage kick up a gear and nudged some larger players to unwind. But plenty of people didn’t.

(Shutterstock)

Markets

Biggest ‘stETH’ Pool Almost Empty, Complicating Exit for Would-Be Sellers

A trading pool that large institutional investors such as Alameda Research and Three Arrows Capital have used to dump their “stETH” tokens is now nearly drained and heavily imbalanced, potentially trapping retail investors as well as the embattled crypto lender Celsius.

The staked ether trading pool on Curve is quickly depleting after large holders used it as an escape route. (Flickr, modified by CoinDesk)