Celsius breaks silence as it attempts to ‘stabilize liabilities,’ ‘protect assets’

Celsius finally broke its silence with a June 30 blog post stating that it is “working as quickly as we can to stabilize liquidity and operations.” Behind the scenes, it claims that actions are being made to “take important steps to preserve and protect assets and explore options available to us.” In new information, Celsius The post Celsius breaks silence as it attempts to ‘stabilize liabilities,’ ‘protect assets’ appeared first on CryptoSlate.

Continue ReadingCelsius breaks silence as it attempts to ‘stabilize liabilities,’ ‘protect assets’

FTX discarded Celsius deal after reportedly finding $2B missing from its balance sheet

FTX has walked away from a deal to acquire Celsius after reviewing its balance sheet and finding a “$2 billion hole,” according to a June 30 report by The Block. The post FTX discarded Celsius deal after reportedly finding $2B missing from its balance sheet appeared first on CryptoSlate.

Continue ReadingFTX discarded Celsius deal after reportedly finding $2B missing from its balance sheet