Celsius Seeks $450 Million in Funding for Relaunch, Focusing on Bitcoin Mining
Celsius, the bankrupt crypto lending firm, has revealed its plan to secure $450 million in seed funding for its proposed relaunch. This funding is expected to come from Fahrenheit LLC, a group of companies highly involved in Celsius' bankruptcy case. Fahrenheit had previously won the bidding process ...
Digital Currency Group’s Debt Resolution Paves the Way for Crypto Lender Genesis
Digital Currency Group (DCG), a prominent venture capital firm in the cryptocurrency industry, has taken a significant step toward resolving the debt issues of its crypto lending subsidiary, Genesis. Agreement in Principle An agreement in principle has been reached between DCG, debtors, a ...