Celsius
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Markets
Celsius initiates recovery of large pre-bankruptcy withdrawals
Celsius Creditors withdrawing $100k+ pre-bankruptcy face legal action and must comply for future distributions. Celsius’ post-bankruptcy Bitcoin mining focus approved;…
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Markets
Celsius set to unlock $470M Ethereum for creditor repayments
Celsius, in bankruptcy since 2022, begins unstaking 206,300 ETH ($468.5M) for creditor distributions. Market speculates on a potential ETH “dump,”…
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Markets
Hut 8 to manage mining operations for Celsius Network’s newly-created MiningCo
Hut 8 says it will manage mining operations for MiningCo at five sites under a four-year contract. The digital asset…
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Markets
Court approves Celsius Network’s Bitcoin mining plan
The US Bankruptcy Court for the Southern District of New York approved Celsius Network’s restructuring plans for bitcoin mining on…
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Markets
Hut 8 signs deal to develop new mining site to build equity with Celsius creditors
The Canadian Bitcoin mining firm Hut 8 has signed an interim agreement to launch a new mining site in Cedarvale,…
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Markets
Celsius faces hurdle as judge hints at new vote for Bitcoin mining shift
Celsius Network, a cryptocurrency lending platform, might need to secure a fresh vote from creditors for its planned shift to…
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Markets
Celsius grants access to withdrawals for eligible crypto holders
Celsius, the cryptocurrency lending platform that declared bankruptcy in July 2022, has initiated withdrawals for select users. This development signifies…
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Markets
Celsius entity to focus only on mining under proposed reorganization plan
Cryptocurrency lending firm Celsius said its reorganized company will focus only on Bitcoin mining following feedback from the United States…
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Markets
Court confirms Celsius bankruptcy exit plan, $2B in crypto to go to creditors
The Celsius bankruptcy plan has been approved. The path is now clear for customers to see some of their funds…
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Markets
Luxor refutes claims its Bitcoin hashrate-backed product is BlockFi, Celsius 2.0
An upcoming Bitcoin (BTC) hashrate-backed product that could offer 10% to 13% returns shouldn’t be compared to failed products by…
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