alexmashinsky
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Celsius Was Allegedly Propping Up Its Own Crypto Token With Customer Funds
Before it eventually imploded, the crypto lender Celsius Network promised users it would not be any regular bank — no, it would be bigger than a bank — and users could “unbank” themselves by funelling some of their funds to Celsius. Users would gain interest while Celsius would gingerly handle your crypto for you, investing…
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JPMorgan Hires Former Exec From Celsius Despite Crypto Company’s Implosion
JPMorgan Chase has hired former Celsius executive Aaron Iovine to be the executive director of digital assets regulatory policy, according to Iovine’s LinkedIn profile. And if you’re looking for an easy answer as to how anyone could escape from the recent Celsius catastrophe unscathed, we’re sorry to report we don’t have one.
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Bankrupt Crypto Broker Celsius Has New Plan to Become Hot Again, Codenamed ‘Kelvin’
Kelvin, as a temperature scale, uses “absolute zero” as its baseline. That lowest conceived temperature would effectively stop all particle activity due to a lack of any semblance of energy. That point of temperature has never been achieved, but failed crypto firm Celsius seems to want to get as close as it can to “absolute…
