The announcement follows just two days after Core Scientific said it planned to list its shares on the Nasdaq via a merger.
Greater risk, greater reward? When it comes to USDC deposits, customers might prefer lower risk, lower reward.
A source familiar with the situation said Prime Trust’s risk team was concerned about Celsius’ strategy of “endlessly re-hypothecating assets.”
Several lenders were preparing for the correction.
The lender said clients should be prepared for margin calls because of “market conditions.”
X-Margin’s real-time risk solution is working with crypto hedge fund Dunamis Trading.
The crypto lender's data leak comes almost a year to the date after a similar data leak hit BlockFi.
U.K.-listed Argo Blockchain (LON:ARB) said it has installed 4,500 cryptocurrency mining machines from Celsius Network.
Luxor Technologies will use the funds to expand its hashrate and hire more engineers.
In an interview with CoinDesk TV, CEO Alex Mashinsky explained why CEL has drawn recent interest from altcoin investors.
Cryptocurrency trading platform liquid.com and crypto mining firm NiceHash were two of at least six firms that had control of their domains briefly transferred.
The proof-of-reserves pilot would take information that appears on Celsius’ website and have it fed from a public Horizen sidechain instead.
Celsius Network has teamed up with oracle provider Chainlink to make the price feeds it uses to calculate asset interest rates less centralized.
“As of five minutes ago, everyone who needed to post collateral has,” Genesis CEO Michael Moro said Friday afternoon.
Bitcoin remains steady, with its 24-hour price in the $8,600-$8,800 range.