Celsius Acknowledges $1.2B Hole in Balance Sheet

Celsius Acknowledges $1.2B Hole in Balance Sheet

The document, which was filed to the U.S. Bankruptcy Court of the Southern District of New York, shows that Celsius holds $4.3 billion of assets and $5.5 billion of liabilities. In its list of assets, Celsius claimed it has about $600 million in its CEL token. However, the company noted in the filing the total market cap for CEL as of July 12 was roughly $170.3 million.

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Crypto Lender Voyager Ordered by US Regulators to Stop Misleading Customers

Crypto Lender Voyager Ordered by US Regulators to Stop Misleading Customers

“Voyager has made various representations online, including its website, mobile app, and social media accounts, stating or suggesting that: (1) Voyager itself is FDIC-insured; (2) customers who invested with the Voyager cryptocurrency platform would receive FDIC insurance coverage for all funds provided to, held by, on, or with Voyager; and (3) the FDIC would insure

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Outside Magazine Wants the Metaverse to Take a Hike

Outside Magazine Wants the Metaverse to Take a Hike

He calls it the “Outerverse”: A platform where hikers, bikers, runners, skiers – outdoor-doers the world over – can earn rewards for tracking their real-life activity atop crypto rails. Skiers, for example, could unlock chances at a heli-skiing expedition, Zoom calls with famous photographers, perhaps Warren Miller movie tickets  – definitely non-fungible tokens (NFT) –

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Is the Ethereum ‘Merge’ Driving This Rally?

Is the Ethereum ‘Merge’ Driving This Rally?

“There’s going to be virtually no sell pressure when the Merge happens. Everyone who’s staking is locked up, everyone remaining with their money in stETH is holding until it repegs, anyone who had their money on Voyager or Celsius is locked in bankruptcy proceedings for 5-10yrs,” crypto commenter Ethereum Jesus tweeted, referring to the bankruptcy

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Russian Activists Turn to Crypto for Donations to Aid Ukraine Refugees

Russian Activists Turn to Crypto for Donations to Aid Ukraine Refugees

There is another reason crypto might be preferable for Russians willing to help Ukrainians, said Vlad, a volunteer for Ethos, a fund created by Russian expats that helps refugees rent apartments in Armenia and gives away things like medicine and hygiene products. Ethos is raising money in bitcoin, ether, tron, BNB and USDT. According to

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