Celsius sues Tether seeking $3.5B over Bitcoin collateral selloff
The assets in question were evidently given to Tether as collateral.
Auto Added by WPeMatico
The assets in question were evidently given to Tether as collateral.
Hut 8’s new mining site in Cedarvale, Texas, will house almost 66,000 miners and will be powered by more than 215 MWof energy. The Canadian […]
Judge Martin Glenn reportedly said that the proposed transformation into a Bitcoin mining business deviates significantly from the deal creditors initially voted on. Celsius Network, […]
Eligible participants can withdraw 72.5% of their cryptocurrency holdings, subject to transaction fees reducing the total. Celsius, the cryptocurrency lending platform that declared bankruptcy in […]
The lending firm has been in bankruptcy court since its Chapter 11 filing in 2022, while the SEC filed a lawsuit against both the firm […]
The decision ends the complex case with a creditor-approved plan that will see their partial reimbursement and make them shareholders in a new company. The […]
“If Tom or anybody else wanted to be in this field, I would say, ‘Do it within the law,’” SEC Chair Gary Gensler iterated. The […]
“The return comes from hashrate, not from pixie dust, ponzi schemes, or rehypothecation,” a Luxor Technology executive stressed. An upcoming Bitcoin (BTC) hashrate-backed product that […]
CME Bitcoin futures hit a 2-year high, but options market data reflects investors’ hesitancy. Bitcoin (BTC) futures open interest at the Chicago Mercantile Exchange (CME) […]
