Tag: celsius bankruptcy

Crypto Weekly Roundup: Bitcoin’s year in El Salvador, safe returns for Ronin, and straight talk for Celsius

Crypto Weekly Roundup: Bitcoin’s year in El Salvador, safe returns for Ronin, and straight talk for Celsius

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This week is a special one, for September 7, 2022 marks the first anniversary of El Salvador formally adopting Bitcoin as legal tender – the first country in the world to do so. A day before the law came into force, Bitcoin’s price was more than $50,000. On Friday, however, it was worth $20,634.97 This […]

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Celsius Network hires advisors to prepare for potential bankruptcy, says WSJ report

Celsius Network hires advisors to prepare for potential bankruptcy, says WSJ report

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Celsius’ decisions after freezing transfers and withdrawals could impact the crypto sector as a whole Celsius’ decisions after freezing transfers and withdrawals could impact the crypto sector as a whole Celsius Network LLC has hired restructuring consultants from advisory firm Alvarez & Marsal to advise on a possible bankruptcy filing, the Wall Street Journal reported […]

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