#celsius
29 articles found
Latest
Loans were issued against mining equipment. The creditor has about 68,000 of them, as of today.
The company started selling last year. Unfortunately, some loans have already been declared default. The average price of BlockFi's credit ASIC miner is $2,350 and ASIC's current market value is $1,400.
The total companies' debt to the industry in similar loans is estimated at $4 billion. Apart from BlockFi, loans were also issued to NYDIG, Celsius Network, Foundry, Babel Finance, and Galaxy Digital. Celsius Customer Data Exposed Sparking Privacy Concerns
As Celsius continues to deal with the aftermath of its bankruptcy, the United States Bankruptcy Court Southern District of New York disclosed data relating to thousands of the service’s customers, including names, amounts, types, descriptions, and timing of transactions on the platform. 





