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
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.
In Shanghai, an experimental nuclear fusion power plant called HH70 has just set a world record by achieving its first plasma, marking a significant milestone in the quest for clean energy. This groundbreaking device is the first fully high-temperature superconducting tokamak and was built in just two years, showcasing China’s
Scientists led by physical chemist Rodney Ruoff of the Institute for Basic Science in South Korea published their results in the journal Nature on April 24, revealing that they can grow diamonds from scratch in 15 minutes. Researchers have developed a novel method for creating diamonds at room temperature and
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. Polar vortex reversal event causes atmospheric upheaval, including ozone spike, due to sudden stratospheric warming, potentially impacting global weather patterns. Following
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. The 12-year-old girl who died on a train on Thursday due to flu-like symptoms was the reason Russia’s Investigative
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 regulate crypto assets like cryptocurrencies and tokens in a bid to curb money laundering activities and
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 the sun. For decades it has been the modern version of turning lead