Media: Celsius cuts its staff by one-quarter
Earlier, the platform’s representatives said about active work on resuming withdrawals and resolving liquidity issues
04.07.2022 - 10:15
183
2 min
0
What’s new? Celsius, a DeFi platform for lending and staking cryptocurrencies, has laid off 150 employees, Calcalist reports. Previously, the company said about accelerating work on resuming the withdrawal function and resolving liquidity issues. According to Celsius’ LinkedIn profile, the company had 647 employees. The platform’s representatives did not respond to a media request for comment.
Celsius situation. Following the suspension of withdrawals, regulators in five US states launched an investigation into Celsius. The company hired experts from Citigroup’s investment bank to find new sources of financing and lawyers from Akin Gump to conduct restructuring. Celsius’ investor Simon Dixon offered to restore the platform by restructuring and relaunching it, or by raising funding from the community and large BTC holders.
Investment bank Goldman Sachs is looking for investors to buy back Celsius’ assets for $2 billion. The FTX exchange refused to buy the platform after discovering a discrepancy of a similar amount on its balance sheet.
Useful material?
Telegram 
Twitter Trends
Earlier, the French division of the network began accepting payments in bitcoins
Mar 29, 2023
Crypto regulations
The presidential decree obliges the leadership of the High-Tech Park to develop a concept for the development of the token sphere by July of next year
Mar 29, 2023
Incidents
The service team urged users to be more careful in the coming days in connection with the possible activation of scammers
Mar 29, 2023
Market
The law firm’s experts have called on Congress to end illegal pressure on the digital asset industry
Mar 29, 2023
Incidents
The attack affected the asset’s liquidity pool paired with BNB
Mar 29, 2023
Incidents
The phishing site offers potential victims to link a wallet to check the possibility of receiving the asset
Mar 29, 2023
Cryptocurrency rates
-
Bitcoin
$28 417
BTC
+6.03%
-
Ethereum
$1 813.91
ETH
+5.48%
-
Ripple
$0.57
XRP
+17.32%
-
Cardano
$0.39
ADA
+11.27%
-
Dogecoin
$0.08
DOGE
+5.34%
-
Polkadot
$6.26
DOT
+6.88%
-
Litecoin
$92.04
LTC
+6.66%
-
Solana
$10.15
SOL
-9.47%
-
Monero
$158.27
XMR
+2.77%
-
Stellar
$0.11
XLM
+13.56%