$10M Investment From Tether Won’t Change Celsius’ Mission of Sharing
Alex Mashinksy says that new equity investors, including Tether, will have no say in Celsius’ mission of sharing 80% of profit with its users.
How Crypto Innovator Alex Mashinsky Challenges Fed Monetary Policy
Alex Mashinsky, founder and CEO of Celsius Network, offers customers the ability to earn decent interest on bitcoin, gold and other cryptocurrency, get a cash loan using crypto as collateral, and make payments on the blockchain.
Celsius to Begin Offering Compounding Interest on Crypto Deposits
Cryptocurrency lending and borrowing platform Celsius announced that it would be implementing compounding interest on cryptocurrencies deposited in its wallet, starting Feb. 1. The announcement came with a number of other updates in a Twitter AMA (ask me anything) with founder Alex…
Celsius partners with Korbit
Celsius Network has announced a partnership with Korbit to manage a portion of their treasury, a first for the organization. This is the first stage of an ongoing partnership between the two companies. Celsius Network was founded by Alex Mashinsky, a…
COTI and Celsius Network form a DeFi partnership
Celsius Network will be integrated into the COTI network, enabling consumers and merchants to easily earn interest and access loans directly on the COTI platform!
Darknet ICO, Bitmain Infighting, Calls for Cotten to Be Exhumed: Hodler’s Digest, Dec. 9–15 1765
An unknown hacker has redirected a whopping 1.1 billion VET tokens from the VeChain Foundation’s buyback wallet to a personal address. The crypto was worth an estimated $6.6 million at the time, with the company stressing that the security integrity…
How DeFi Goes Mainstream in 2020: Focus on Usability
This post is part of CoinDesk’s 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Alex Mashinsky, a veteran entrepreneur and technologist, is CEO of Celsius Network, an ethereum-based…
Celsius CEO Says Entire Internet Will Become an Application on the Blockchain
Speaking at ELEV8CON in Las Vegas on Dec. 10, founder and CEO of Celsius Network Alex Mashinsky said that there is a war brewing between centralized and decentralized networks. “The centralization of the Internet by companies such as Facebook and…
Celsius Opts for Fireblocks’ hot wallet solution to streamline its $400m lending assets
“Given our diverse set of services, the engineering and operations team required a solution that could be customized to fit all of our use cases, and Fireblocks was able to deliver that for us,” said CTO of Celsius CTO Nuke…
The Block Crypto
Celsius Hits $4.25 Billion in Originated Crypto Loans, Setting the Bar for Crypto Lending Industry
Celsius Network, the industry-leading cryptocurrency platform, announces it has surpassed $4.25 billion in loan origination, as well as $450 million in deposits and over $5 million in interest income for its depositors. These new numbers reflect the company’s growth as…
Alex Mashinsky on killing the banks with cryptocurrency: Part 1
“We pay 7% to 10% interest. You can take your dollars or euros, you convert them into stablecoins like Paxos or USDC, deposit the coins in the Celsius app, I lend them out. I make 9% to 12%, I give…
Voyager Selects Celsius Network to Manage Certain Assets
NEW YORK–(BUSINESS WIRE)–Voyager Digital LLC, a subsidiary of publicly-traded Voyager Digital (Canada) Ltd (Ticker VYGR.CN), an industry-leading best execution crypto asset broker, today announced a partnership with Celsius Network, in which Celsius will manage a portion of Voyager’s digital assets.
Celsius Network’s CEL Token Gets Listed on HitBTC Exchange
LONDON, Oct. 4, 2019 /PRNewswire/ —Celsius Network, the industry-leading cryptocurrency platform, announces today the listing of its CEL token on HitBTC Exchange, one of the most advanced crypto exchanges on the market today providing a variety of robust crypto trading options.buisn
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BitGo Case Study: Celsius Network and the Road to 100 Million
Celsius Network, the leading cryptocurrency saving, lending and borrowing platform, is upending the banking industry with their revolutionary business model for cryptocurrencies. The company addresses global financial needs by providing high interest income and low cost lending through the Celsius…
Litecoin Foundation Selects Celsius Network as Its Preferred Interest-bearing Wallet
LONDON–(BUSINESS WIRE)–Celsius Network, the industry-leading cryptocurrency platform, today announced a partnership with the Litecoin Foundation, which will see Celsius become the preferred interest-earning wallet of the Litecoin Foundation. In addition, the Litecoin Foundation board chose Celsius to manage a portion…