Crypto lender Abra secretly pauses withdrawals for international customers as users fear $700 million platform collapse.

Celsius co-founder and CEO Alex Mashinsky sold about $44 million worth of Celsius crypto since the company was founded, according to a recent report by the Financial Times.

Crypto lender Abra has suddenly suspended withdrawals for international customers. The crypto community fears that the platform may repeat the fate of the bankrupt Celsius and BlockFi.

The 40-year old resident of Frederick, Md., who owns a home remodeling business, hastily made the move after crypto broker Voyager Digital, which he trusted with some of his savings, froze all ...

Celsius said in June that it owed its customers nearly $4.7 billion in crypto. The lender said it had 1.7 million customers, including 300,000 with accounts valued at more than $100, according to ...

Celsius released a memo on Sunday, June 12, 2022, that is making an immediate impact on its users and the crypto market overall. Specifically, its pausing all withdrawals, swaps and transfers between ...

Celsius Network’s crypto lending service may be taking more risk than its depositors realize. By Nate DiCamillo UpdatedDec 3, 2024, 9:39 p.m. PublishedJul 28, 2020, 7:05 p.m. (Shutterstock ...

Crypto lender Celsius files for bankruptcy, still won’t let users withdraw funds Firm scoffed at "misinformation"—then halted withdrawals and filed for bankruptcy.

While Celsius’ native token, CEL, isn’t even in the top 100 cryptocurrencies, the No. 331 crypto has fallen around 24% over the past 24 hours to about 32 cents, according to CoinMarketCap data ...

Crypto lender Celsius Network said it had filed for bankruptcy, dealing a blow to depositors who'd spent the past month wondering if they'd ever see their money again.