Tagged: celsius network

Celsius Network Unveils Web-Based Application For Corporate & Institutional Financial Services

  Celsius Network, a cryptocurrency lending and borrowing platform, recently announced the launch of its web-based application for its financial services. While sharing more details about the launch, Nuke Goldstein, CTO of Celsius, stated: “The Celsius team of talented designers, developers, devops, and testers were… Read More

Decentralized Digital Asset Management Firm Qredo Raises $11 Million Seed Round

Qredo, a decentralized digital asset management platform, has raised $11 million in seed funding, according to a note from the company. Investors in the company include Amnis Ventures, Artus, Borderless Capital, Celsius, CMS Holdings, Connect.Capital, Deribit, G1, GSR, Gumi Cryptos, Kenetic, Kronos, Maven 11, 1kx,… Read More

OKEx Announces Celsius Network’s CEL Token Listing

OKEx announced on Tuesday it has listed Celsius Network’s CEL token on its cryptocurrency and derivatives exchange. OKEx reported it is the third global exchange to list CEL token in recent weeks, in addition to several decentralized exchanges, since CEL token’s first listing in June… Read More

Celsius Network Update: Offers Yield on Gold-Backed wDGLD Token

  Celsius Network, a cryptocurrency lending and borrowing platform, announced on Thursday it will add support for CoinShares wDGLD token. According to Celsius, customers will be able to hold wDGLD tokens in their Celsius wallets to earn weekly compounding yield or use their coins as… Read More

Celsius Network Now Allowing Customers to Buy BTC, ETH, & Other Cryptocurrencies With Apple Pay

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  Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday it is now allowing customers to buy BTC, ETH, and other cryptocurrencies with Apple Pay.  Celsius reported its users may use a variety of payment solutions, including credit card or wire transfer, to… Read More

Celsius Network Appoints Rodney Sunada-Wong as Chief Risk Officer & Vijay Konduru as Chief Marketing Officer

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Friday it has expanded its executive team by appointing Rodney Sunada-Wong as Chief Risk Officer and Vijay Konduru as Chief Marketing Officer and Head of Analytics. The new hires come just days after Celsius Network announced it has… Read More

Should You Invest that Stimulus Check in Bitcoin?

Checks are in the mail following the signing into law of the $1.9 trillion stimulus package. Many individuals in the US will receive checks in the amount of $1400 with families receiving more. Whether you like the law or not, all of those billions of… Read More

Celsius Validates Over $10 Billion Worth of Cryptocurrency Assets Using Third-Party Validation Tools

  Celsius Network, a cryptocurrency lending and borrowing platform, announced earlier this week it has validated more than $10,426,308,071.50 worth of cryptocurrency assets using third-party validation tools. The latest milestone comes just a few months after Celsius conducted its first-ever asset verification report using the… Read More

Celsius Milestone: Pays $250 Million in Crypto Yield to Customers

    Celsius Network, a cryptocurrency lending and borrowing platform, announced on Tuesday it has distributed cryptocurrency rewards in value of over $250 million (in today’s value) to its more than 415,000 users. According to Celsius, customers may hold their digital assets in their Celsius wallet… Read More

Elon Musk Buys Bitcoin, Crypto Insiders Respond

  Bitcoin is hitting new highs today fololowing a 10-K filed by Tesla (NASDAQ:TSLA) that revealed it had purchased $1.5 billion in Bitcoin and may purchase other digital assets in the future. Simultaneously, Tesla said they expect to commence accepting Bitcoin as a method of… Read More

Milestone: Celsius Network Surpasses $5.3 Billion in Assets; Grows Total Assets 10x During 2020

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday it now holds more than $5.3 billion worth of cryptocurrency assets. This news comes just a couple of months after Chainalysis was able to validate over $3.3b in total assets held by Celsius Celsius reported it… Read More

Celsius Network Partners with Chainalysis To Confirm Audit of $3.31 Billion in Assets

  Celsius Network, a cryptocurrency lending and borrowing platform, announced this week it has teamed up with blockchain analysis company Chainalysis to complete an audit confirming $3,318,368,196.40 of assets. According to Celsius Network, the conclusion of this audit, confirmed through Chainalysis Reactor, the investigative blockchain… Read More

Crypto Lending Network Celsius Integrates Chainlink’s “Decentralized” Price Feeds

Crypto lending network Celsius has confirmed that it has successfully integrated Chainlink’s (LINK) “decentralized” price feeds in order to power its internal systems as “a key component of its pricing services.” As noted by the Celsius team, the integration encompasses the “usage and adoption” of… Read More

PayPal Goes Crypto, Crypto Industry Responds

Today’s news that PayPal (NASDAQ:PYPL) will start allowing it’s over 360 million users to use crypto placed a firm stamp of establishment approval on digital currency. PayPal partnered with Paxos to provide the service – a digital asset firm that has always placed regulatory compliance… Read More

Celsius Network Announces Decrease of Crypto Loan Minimums to $500 & Pre-Approves 200,000 Customers

  Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday it has reduced its minimum loan amount to $500, making Celsius one of the most accessible crypto-lenders in the space. Celsius reported that the latest decrease comes less than a year after it… Read More

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

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