Tagged: celsius network

LINE’s Global Digital Currency Exchange BITFRONT Now Offering Interest on Crypto Asset Deposits Through Collaboration with Celsius Network

BITFRONT, LINE Corporation’s global digital currency exchange, is now providing interest on crypto-asset deposits through a partnership with Celsius, a blockchain-based crypto reward and lending platform.  BITFRONT reported that users may sign up from the “Earn Interest” tab on the BITFRONT website and earn up… Read More

Alex Mashinsky from Celsius Network Argues that the Ethereum based Lending Platform Is Better than its DeFi Competitors

Alex Mashinsky, the founder of several notable startups such as Arbinet, VoiceSmart, GroundLink, and currently the CEO at the Celsius Network, an Ethereum-based lending platform, notes that Celsius is a member organization. He explains during an interview featured on Bloxlive.tv that the company’s job is… Read More

Celsius Network Announces Offering of Loans Against 26 Different Cryptocurrencies

  Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday the offering of loans against 26 different cryptocurrencies. The platform reported every asset accepted in the Celsius Network wallet will also be approved for loan collateral. Users may now borrow stable coins and… Read More

Celsius Network Completes Latest Investment Round With $18.8 Million Raised

  Celsius Network, a cryptocurrency lending and borrowing platform, has closed its latest investment round with $18.8 million raised. The company previously announced it secured $10 million from www.Tether.to at a $120 million pre-money valuation. Founded in 2017, Celsius addresses the financial needs of today’s consumers worldwide through a… Read More

Celsius Network Announces In-App Crypto Purchases Using ACH & SEPA

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Thursday in-app cryptocurrency purchases using ACH and SEPA. The purchases are through Celsius Network’s partnership with payment solutions provider Gem. Celsius Network reported that its customers may now be able to purchase cryptocurrencies through the… Read More

Celsius Network Reaches Extended Funding Goal of $17 Million Through Investment Round on BnkToTheFuture

  Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday it reached its extended fundraising goal of $17,000,000 in partnership with BnkToTheFuture. According to Celsius Network, more than 700 qualified investors from all over the world have already participated in the round since June…. Read More

Alex Mashinsky’s Celsius Network Secures $10 Million Equity Investment from Tether Ltd

Tether Ltd, the company behind the world’s largest stablecoin USDT, has reportedly made a $10 million equity investment into the operations of the Celsius Network, a leading digital asset lending platform, which now has a $120 million pre-money valuation and $150 million post-money valuation. Celsius… Read More

Celsius Network Partners with BnkToTheFuture on $15 Million Funding Round

Celsius Network has announced a $15 million equity funding round to be promoted by BnkToTheFuture. The equity offering is said to be for both U.S. & non-U.S. investors. Celsius Network claims it has seen rapid growth since its launch in July 2018 with over 100,000… Read More

Celsius Network Surpasses $1 Billion in Cryptocurrency Deposits 

Celsius Network, a cryptocurrency lending and borrowing platform, recently announced it surpassed $1 billion in cryptocurrency deposits since its launch in 2018. This announcement comes just after Celsius announced it now has more than 110,000 active users using its platform.  As previously reported, Celsius claims… Read More

Cryptocurrency Lending & Borrowing Platform Celsius Network Surpasses 100,000 Active Users; Now Offering Cash Loans at 1% APR As Part of COVID-19 Relief Efforts

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday it is offering borrowers USD and stablecoin loans against their cryptocurrency assets at just 1% APR as part of its COVID-19 relief efforts. The platform also revealed that it has surpassed 100,000 active users…. Read More

Bitcoin Bull Run. Is the Halving and Massive Government Stimulus Fueling Bitcoin’s Rise?

May is here meaning spring is emerging for parts of the world. For all of the world, it also means that Bitcoin is on the cusp of the next Halving (or the Halvening). The Bitcoin Halving takes place every four years. This is when the… Read More

Celsius Network’s Milestones: Surpasses 50,000 BTC In-App Deposits & Sees Record Growth in 2020

Celsius Network, a cryptocurrency lending, and borrowing platform, recently announced that more than 50,000 BTC have been deposited into Celsius apps since its launch in August 2018. This latest milestone comes just months after Celsius reported crossing 20,000 BTC deposits in its first year. Founded… Read More

Celsius Network Reduces Loan Minimum Amid COVID-19 Pandemic

Celsius Network, a cryptocurrency lending, and borrowing platform, announced on Monday it has reduced its minimum loan request to $1,000 during the COVID-19 pandemic. Celsius Network reported that it lowered its loan minimum in the wake of the effects that the virus has had on… Read More

Singapore Digital Assets Custody Service Onchain Custodian Announces New Partnership With Celsius Network

Onchain Custodian, a Singapore-based digital assets custody service, announced on Tuesday it has formed a new partnership with Celsius Network, a cryptocurrency lending, and borrowing platform. The duo reported that the partnership enables Onchain Custodian’s customers to earn a yield on their assets by lending… Read More

Celsius Network Announces New Partnership With Decentralized Oracle Network Chainlink

Celsius Network, a cryptocurrency lending, and borrowing platform, announced on Monday it has formed a new long-term partnership with Chainlink, a decentralized oracle network. According to Celsius Network, the partnership serves as a key way to further Celsius’ overall decentralization through the use of Chainlink’s… Read More

Crypto Assets: Celsius Network Reports Profitability 18 Months After Launch

Celsius Network, a blockchain-based marketplace platform, is reporting profitability after just 18 months of operation. The crypto platform enables users to borrow or lend crypto assets. The company claims that it distributes 80% of its revenue back to the depositor community as weekly interest income…. Read More

Leading DeFi Platform MakerDAO Partners Digital Payment Processor Simplex to Develop Fiat On-Ramp for Maker’s Dai Stablecoin

MakerDAO, the leading decentralized finance (DeFi) platform, has teamed up with Simplex, a digital payment processor, in order to develop a fiat on-ramp for Maker’s Dai (DAI), which is the first decentralized stablecoin (digital currencies pegged one-to-one with major fiat currencies or other real-world assets)…. Read More

Celsius Network Joins Forces With Simplex to Offer Low Fee BTC Purchase On-Ramp

Celsius Network, a cryptocurrency lending, and borrowing platform, announces on Wednesday it is now offering users to buy Bitcoin directly within the Celsius mobile app through its new partnership with Simplex, a credit card onramp and offramp service provider. Celsius Network reported that through the… Read More

Celsius Network Forms New Strategic Partnership With Crypto Tax Analysis & Blockchain Analytics Startup ZenLedger.io

Celsius Network, a cryptocurrency lending, and borrowing platform, has reportedly formed a new partnership with ZenLedger.io, a cryptocurrency tax analysis, and blockchain analytics startup. The duo reported that through the partnership cryptocurrency investors filing taxes with ZenLedger have an easy and seamless access to cryptocurrency-backed… Read More

Fireblocks, an Institutional-Grade Platform for Secure Blockchain Transactions, Says it Handles $2.5 Billion in Monthly Crypto Transfers

Fireblocks, an institutional platform for conducting secure transactions with blockchain-based digital assets, revealed on November 25 that it now handles over $2.5 billion in cryptocurrency each month “since launching out of stealth mode” in June of this year. According to a press release shared with… Read More

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