Celsius Acknowledges $1.2B Hole in Balance Sheet
The news comes after the ailing crypto lender filed for bankruptcy protection Wednesday.
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Jul 14, 2022 at 7:25 p.m. UTC
Jul 14, 2022
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Circle’s Detailed Reserve Report Shows Only Cash, Short-Term Treasurys Back USDC Stablecoin
The asset breakdown comes at a time when crypto firms and their finances are under increasing scrutiny in the ongoing crypto credit crisis.
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Jul 14, 2022 at 6:27 p.m. UTC
Jul 14, 2022
Wobble in stETH's Price Shows Fear Celsius Might Dump $435M Stake
The discount on stETH, a derivative of ether, surged as the crypto lender reclaimed and then transferred almost 10% of the total supply of the token.
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Jul 13, 2022 at 5:55 p.m. UTC
Jul 13, 2022
Celsius Pays Off Last DeFi Loan, Reclaims Nearly $200M of Wrapped Bitcoin From Compound
The troubled crypto lender previously paid off loans from Aave and Maker.
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Jul 13, 2022 at 4:21 p.m. UTC
Jul 13, 2022
Celsius Pays Off Aave Loan, Moves $418M 'stETH' Stack to Unknown Wallet
The liquidity-stricken crypto lender fully paid off its debt to the decentralized finance protocol, freeing $26 million in tokens as part of its latest debt restructuring maneuver.
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Jul 12, 2022 at 10:27 p.m. UTC
Jul 12, 2022
Celsius Reclaims $410M of 'stETH' Tokens After Paying Down $81M Debt to Aave
The embattled crypto lender Celsius is inching closer to fully paying off its loans from decentralized finance protocols, reducing its outstanding debt to $59 million.
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Jul 12, 2022 at 3:04 p.m. UTC
Jul 12, 2022
Celsius Reclaims $172M Collateral From Aave, Compound
The liquidity-strapped crypto lender has paid down $95 million in debt from the two DeFi platforms since Friday.
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Jul 11, 2022 at 5:57 p.m. UTC
Jul 11, 2022
Celsius Pivots Toward Paying Off Aave, Compound Debt, With $950M Collateral as Prize
The troubled crypto lender Celsius started to make good on the $258 million debt on the decentralized lending protocols Aave and Compound – possibly in an attempt to reclaim collateral it had posted as guarantees. The transactions come just a day after Celsius used a debt-paydown to reclaim collateral on Maker.
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Jul 8, 2022 at 8:10 p.m. UTC
Jul 8, 2022
Celsius Sends $500M of Bitcoin Derivative to Crypto Exchange After Debt Payoff
The move comes just after the crypto lender reclaimed $450 million of collateral in WBTC, closing its loan from DeFi lending protocol Maker, blockchain data shows.
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Jul 7, 2022 at 8:58 p.m. UTC
Jul 7, 2022