Beginner Why long-term crypto holders borrow against assets instead of selling A strategic guide to liquidity management, capital preservation, and the real tradeoff between selling and borrowing crypto Open guide 
Celsius News
Follow Celsius news, including bankruptcy proceedings, creditor updates, legal rulings, restructuring efforts, and fallout across crypto markets.
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Legal
Celsius hires restructuring lawyers to help ease its financial woes
Celsius hired attorneys from Akin Gump Strauss Hauer & Feld LLP to help advise on possible solutions for its liquidity issues.
Price Watch
Celsius CEL price spikes 500% in 30 min – retraces to 115% up on day
Amid the chaos and rumors of Celsius' liquidity problems, the price of its native token jumped to the highest price since April reaching $2.56 on FTX.
DeFi
Celsius races to add more collateral to Maker as threat of liquidation looms
Celsius deposited 2,000 WBTC to their collateral throughout the night in an attempt to gain more breathing room before their $534 million Maker vault becomes vulnerable to liquidation.
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Celsius Network is a bankrupt cryptocurrency lending company that was founded in 2017 and is headquartered in Hoboken, New Jersey.
