Tuesday, May 21, 2024

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Celsius co-founder Mashinsky is being sued by the NY Attorney General for "defrauding investors out of billions". The lawsuit accuses Mashinsky of violating the state's Martin Act, which is used to combat securities and commodities fraud, as well as a state general business law that allows the attorney general to investigate fraud. This article will explore the details of the case and its potential implications for the crypto industry.
According to its bankruptcy filing, Celsius owes its customers roughly $4.7 billion, and its balance sheet has a hole of about $1.2 billion. Let's take a look inside of Celsius' $25 billion bankruptcy filing.
A deep look into Celsius network's design and the events of recent weeks with its yield-generating strategies that culminated in a halt of bitcoin withdrawals.
The Polar vortex 'spinning backward' above the Arctic after a major reversal event triggers atmospheric upheaval, including an ozone spike, due to sudden stratospheric warming, impacting global weather patterns.
Roman Busargin, the governor of Saratov Region, reported that 15 cases of influenza type A had been diagnosed in a lab. The deadly virus outbreak has triggered a mass train evacuation.
On May 16, EU ministers approved the Markets in Crypto-Assets (MiCA) legislation, making it the world's first cryptocurrency regulations. The European Union has approved a set of rules—the first such regulation in the world—to...
Researchers in multiple nations have created what is called a tokamak reactor, which uses enormously powerful magnetic fields to contain the fusion reaction for milliseconds of time. This shows the worldwide race to capture the power of...
Meat has a huge climate footprint, as industrialized as it has become, but it’s unrealistic to think that vegetarians will be able to save the planet, Bill Gates has said at an Indian memorial gathering.
A blog post was co-written by national security adviser Jake Sullivan, director of the National Economic Council Brian Deese, director of the Office of Science and Technology Policy Arati Prabhakar, and chair of the Council of Economic Advisors Cecilia Rouse on the official White House website targets cryptocurrencies and calls for stronger enforcement by regulators.
In mid November, FTX International became effectively insolvent. The FTX saga, at the end of the day, is somewhere between that of Voyager and Celsius.