Bankrupt crypto lender Celsius is set to unstake 206,300 Ethereum, worth around $470 million, as part of its efforts to distribute assets to creditors. The move comes as Celsius undergoes a restructuring process, with the unstaking event expected to take place in the next few days. Celsius has stated that its staked Ethereum holdings provided […]
Bankrupt crypto lender Celsius is set to unstake 206,300 Ethereum, worth around $470 million, as part of its efforts to distribute assets to creditors. The move comes as Celsius undergoes a restructuring process, with the unstaking event expected to take place in the next few days. Celsius has stated that its staked Ethereum holdings provided […]
A businessman from Hamburg, Thomas S., is left shocked and speechless by a divorce ruling in Switzerland. The ruling, made by the Arbon District Court in 2022, came as a surprise to Thomas, who was unaware of it for a long time.According to his ex-wife’s claims, Thomas had disappeared and was unreachable. However, Thomas denies […]
Uniswap, a popular decentralized finance (defi) protocol on the Ethereum platform, has emerged as a leader in the Ethereum blockspace. With an impressive 43 million transactions and 7.4 trillion gas, Uniswap outperformed other protocols by a significant margin. Introduced in 2018 by Hayden Adams, Uniswap operates on the Solidity programming language and allows users to […]
The cryptocurrency lending platform Celsius Network has announced its plan to unstake its Ethereum holdings as part of its asset preparation process. The move is aimed at unlocking ETH to ensure timely distributions to creditors. Celsius has benefited from the rewards generated by staking its substantial Ethereum holdings, which have helped cover legal fees during […]
Celsius Network, a cryptocurrency lender, has announced plans to unstake its Ethereum (ETH) holdings in order to distribute assets to creditors. The company will carry out a significant unstaking event in the coming days to offset costs incurred during the restructuring process. This move comes after Celsius Network faced a liquidity crisis in July 2022, […]
The bankrupt crypto lender, Celsius, has announced that it will be recalling and rebalancing its assets as part of its restructuring process. This includes unstaking nearly $470 million worth of Ether (ETH) in order to ensure liquidity and offset expenses.Celsius stated that the staked ETH has provided valuable staking rewards income to the estate, and […]
Swiss banking giant UBS is making significant moves to strengthen its position in the Middle East. The bank has appointed a new management team for its investment banking division in the region, signaling its ambitions for expansion. Additionally, UBS has hired a veteran from Deutsche Bank for its wealth management division, further indicating its commitment […]
Swiss banking giant UBS is making significant moves to strengthen its position in the Middle East. The bank has appointed a new management team for its investment banking division in the region, signaling its ambitions for expansion. Additionally, UBS has hired a veteran from Deutsche Bank for its wealth management division, further indicating its commitment […]
The United States Securities and Exchange Commission (SEC) has filed a motion in federal court requesting a summary judgment ruling in its case against cryptocurrency exchange Binance. The SEC argues that a recent ruling in a similar case against Terraform Labs and its co-founder Do Kwon supports its enforcement action against Binance, Binance.US, and former […]
