Mining
Hut 8 signs four-year deal to manage Celsius Bitcoin mining operations Ionic Digital
Bitcoin miner Hut8 said it could earn more than $100M for managing defunct Celsius mining assets.
Oluwapelumi Adejumo 2 min read
Celsius News
Follow Celsius news, including bankruptcy proceedings, creditor updates, legal rulings, restructuring efforts, and fallout across crypto markets.
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Top Celsius Stories
Bankruptcy
Celsius billion-dollar Ethereum shift stirs speculation on creditor payback plans
The embattled firm creditors are eagerly anticipating the repayment of their stuck assets on the platform.
Staking
Record $1.6 billion of staked Ethereum redemptions led by Celsius and Figment
The significant withdrawals had little impact on Ethereum's price which rose by around 12% during the period.
Latest Celsius News & Analysis
Bankruptcy
Celsius to unstake $470M Ethereum amid restructuring efforts, raising market concerns
Crypto community members suggest that the move could negatively impact Ether's price.
Bankruptcy
Court grants final approval for $225M Celsius mining company, steers clear of securities ruling
Objections to Celsius' new mining company were overruled but new company must hit 23 EH/s within 3 years.
Bankruptcy
Celsius sold off $250 million in ETH and other assets in 30 days
Observers have suggested that these selling activity has impeded Ethereum's price from rising.
Bankruptcy
Celsius initiates withdrawals for eligible custody users amid app glitches and login woes
Several Celsius users are lamenting about the challenges they are facing using the platform.
Mining
Celsius debtors to restructure defunct lender into Bitcoin miner instead of asset transfer
Celsius customers will own the new entity, which will be called Mining NewCo.
Legal
US Trustee challenges $5 million claims by parties in Celsius bankruptcy case
Bankruptcy Trustee argues claims do not show demonstrable merit.
