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Cryptocurrency lending platform Celsius has reportedly lost over $50 million in the exploit of decentralized finance (DeFi) protocol BadgerDAO.As reported by Cryptox on Dec. 2, the attack targeted the protocol on the Ethereum network, reaping an unconfirmed $120 million in assets.According to one Redditor, the biggest alleged victim of the
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Shalem’s name was included – along with 17 others, including Hogeg’s – in an appendix to a document bearing the letterhead of the Israel police’s national fraud investigation unit. The page, reviewed by CoinDesk, was stamped Nov. 15 by Judge Erez Melamed of the Rishon Lezion Magistrate’s Court. It is
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Celsius Network’s Series B was expanded to $750 million, up from $400 million at a $3.25 billion valuation announced October.The news was first reported by Blockworks late on Nov. 24. The crypto lender’s CEO Alex Mashinsky and official account both tweeted the story, while the Celsius team confirmed the story
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Crypto lending firm Celsius Network has expanded its $400 million Series B round from October to $750 million as a result of oversubscription in the firm’s capital raise.The company is now valued at $3.5 billion following the raise and CEO Alex Mashinsky told Cryptox he expects that figure to “double
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Cryptocurrency lender Celsius Network has further invested $300 million for its bitcoin mining operations in North America, taking the total investment this year to $500 million, according to a report from The Block.The $300 million comes after Celsius invested $200 million earlier this year in bitcoin mining equipment and equity
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Cryptocurrency lender Celsius Network is acquiring Israeli cybersecurity company GK8, the company announced Monday.GK8 was founded by Lior Lamesh and Shahar Shamai, who have worked as cybersecurity experts at the office of the Prime Minister of Israel.Celsius and GK8 will now provide an enterprise-grade custody platform for banks and financial
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Crypto lending firm Celsius Network has confirmed it is one of three platforms requested to provide information to the New York Attorney General’s office.In a Tuesday blog post, Celsius said it was not one of the two unnamed crypto lending platforms that New York Attorney General Letitia James ordered to “cease
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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cryptox in one link.Top Stories This WeekBinance to launch $1B fund to develop
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Welcome to the latest edition of Cryptox’s decentralized finance (DeFi) newsletter.In a week where Rari Capital achieved the $1billion TVL milestone, read on to discover why OlympusDAO is yielding four-figure sums on its most popular protocol. What you’re about to read is a shorter, more succinct version of the newsletter.
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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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