Coffeezilla, an online scam-busting investigator, has brought to light the fact. Celsius, meanwhile, has a negative net worth of more than $1.19 billion. Ex-CEO of the insolvent digital asset lending company Celsius, Alex Mashinsky is purportedly selling Celsius (CEL) tokens. Mashinsky, however, is being scrutinized after the bankruptcy filing and
AllianceBlock’s primary objective is to lower the barrier of entry to the blockchain and DeFi for all parties involved including the creators, developers, and end users. Keeping this in mind, the DeFi Terminal website has recently been revamped to provide a more streamlined experience for visitors. AllianceBlock also works tirelessly
The market cap of cryptocurrencies increased 8.5% ($981M) in Q3. According to the report on the crypto market signaling recovery from the bear market. A market analysis report from DappRadar for the third quarter (Q3), which uses on-chain data, indicates the cryptocurrency market’s recovery from the current bear market conditions.
Four additional decentralized tokens are available on DeFiChain’s DEX. DeFiChain offers users price exposure to their preferred assets without geographical restrictions. Four new decentralized tokens have been added to the DEX of DeFiChain, the leading blockchain in the world on the Bitcoin network. DeFiChain aims to make decentralized financial apps
The leading and fastest-growing Singaporean fintech startup giving simple access to Decentralized Finance (DeFi), Cake DeFi, has released its newest feature, Ethereum (ETH) Staking, with the additional access to liquidity through a tradable token which can be traded on the open market. Staking may be unlocked in advance of the
Celsius froze client withdrawals and later filed for Chapter 11 bankruptcy protections. Mashinsky handed up his resignation a week ago today. On Tuesday, S. Daniel Leon, co-founder of Celsius Network and Chief Strategy Officer, announced his resignation. After previous CEO Alex Mashinsky, he is the most recent executive to leave
The hacker exploited a flaw in the cross-chain DEX’s code. Hacker’s IP address, email address, and linked on-chain addresses were identified. Yesterday, a hacker made off with $21 million from the decentralized exchange (DEX) Transit Swap. But this morning, he or she returned 70% of it. The hacker exploited a
Alex and his family still had $44 million worth of crypto assets locked with Celsius. The company filed for bankruptcy and halted withdrawals from users. Around June, the cryptocurrency lending platform Celsius blocked all withdrawal requests from its users. The next month, with a $1.2 billion hole in its finances,
Earlier, officials in Kentucky claimed that Nexo was insolvent. Nexo created three loans and sent $530 million to MakerDao. A cryptocurrency wallet address identified as NEXO 0x8fd withdrew 7,758.8 Wrapped Bitcoin (wBTC) from MakerDAO. At the time equivalent to almost $153 million. This is only days after market experts forecast
Peckshield provided a flowchart to illustrate the movement of the stolen assets. Transit Swap thanks its customers for their patience and faith. About $21 million was stolen from the multi-chain decentralized exchange (DEX) aggregator Transit Swap after a hacker took advantage of a flaw in a swap contract. The company
