Key Takeaways
Jason Stone, the head of KeyFi, says that Celsius owes money after KeyFi briefly managed client funds on its behalf.
Celsius supposedly failed to hedge against risk, which became clear when KeyFi attempted...
Goldman Sachs appears to be gauging interest and soliciting commitments from Web3 crypto funds, funds specializing in distressed assets and traditional financial institutions with ample cash on hand, according to a person familiar...
Key Takeaways
The cryptocurrency exchange CoinFLEX has suspended customer withdrawals due to harsh market conditions.
CoinFLEX is at least the third company to limit services this month after Celsius and Babel took similar actions.
The exchange...
Key Takeaways
Celsius made a $10 million repayment to Compound Finance today, likely attempting a step toward solvency.
Celsius disabled withdrawals, transactions, and swaps one week ago. It still has not re-enabled those services.
The price...
👋 Want to work with us? CryptoSlate is hiring for a handful of positions!One of the more concerning issues around the current insolvency fears for several centralized lenders and investors is the...
Hannah Lang / Reuters:
Securities regulators in Texas, Alabama, Kentucky, New Jersey, and Washington are investigating Celsius Network's decision to suspend customer redemptions — State securities regulators in Alabama, Kentucky, New Jersey, Texas...
