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May 31, 2023
MARKET WRAPS Watch For: Chicago Business Barometer - ISM Chicago Business Survey, Canadian GDP for March, Speeches by Fed governors Michelle Bowman and Philip Jefferson, Ford Motor Company May Sales Today's Top Headlines/Must Reads: - C... | 05:59am
May 31, 2023
Little Economic Effect Expected From Debt-Ceiling Deal; Richmond Fed's Barkin Sees High Inflation Persisting By James Christie Good day. A debt-ceiling deal, if approved by Congress, would remove some uncertainty for a U.S. economy that has faced h... | 07:16am
May 31, 2023
Customers pulled $12.9 billion from five crypto platforms in digital runs last year that drained about one-third of the firms’ assets, leading to their…
May 30, 2023
Below is our initial take on recent bankruptcy-related developments: Bankrupt cryptocurrency lender Celsius Network LLC announced this week that it has chosen the proposal from...
May 28, 2023
According to a statement made on Thursday, former Celsius Network CEO and co-founder Alex Mashinsky is the target of legal action brought by New York Attorney General Letitia James. The lawsuit also claims that Mashinsky “repeatedly made false and misleading statements about Celsius’s safety to encourage investors to deposit billions of dollars in digital assets …
May 27, 2023
FTX reboot is in the works, Multichain issues spark uncertainty and Sam Altman's crypto project Worldcoin raises millions of dollars.
May 26, 2023
Fahrenheit, a consortium that includes blockchain-based venture capital firm Arrington Capital, will provide the capital, management team and technology to establish and operate the new company (NewCo), Celsius said.
May 26, 2023
New Jersey-based cryptocurrency lender Celsius Network has announced it will be bought by a consortium called Fahrenheit. Celsius filed for bankruptcy in July…
May 26, 2023
On heels of a positive development for the business combination agreement, as announced in February, wherein Hut 8 (HUT) and U.S. Data Mining dba US Bitcoin
May 26, 2023
According to court filings published on Thursday, Crypto Consortium Celsius has won the bid to acquire bankrupt crypto lender Celsius Network. The Fahrenheit…