As of July 13th, Celsius is officially bankrupt.
Nexo, one of the largest crypto lenders, has signed an indicative term sheet with rival Vauld, starting the process for a potential acquisition.
Once again, there seems to be just too much leverage and contagion in the system…
Solana Mobile, the mobile phone subsidiary of Solana Labs, was announced last week at an event in NYC.
If Robinhood is too big to fail, what would an acquisition make FTX?
Even though this story has a happy ending, the crisis still shone light on some ominous signs that should give us all reason for concern…
The cascade of events that have recently unfolded in the world of crypto will be talked about for years to come.
Celsius is in trouble, and by extension, they have endangered both the money of all of their users and the future of crypto as a whole.
