Tagged: celsius network

Celsius Network Named Preferred Interest-Bearing Wallet for Litecoin Foundation

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Thursday it was named preferred interest-bearing wallet for the Litecoin Foundation. Along with the collaboration, the Litecoin Foundation board selected Celsius to manage a portion of their treasury, a first for the organization. Speaking about… Read More

Celsius Network Now Offering Up To 12% APR on USDC, TUSD, USDT, & The Stablecoins

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday it has increased interest rates for stablecoin deposits to 12.03% APR. According to Celsius, users who choose to earn interest in the platform’s blockchain-based CEL token can earn up to 30% more than the… Read More

Celsius Network Update: Crosses 100 Active Institutional Accounts in First Half of 2019

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Tuesday it has on-boarded more than 100 institutional clients during the first half of 2019. Celsius Network confirmed that in order to use its services, institutions must complete a rigorous KYC and AML application and evaluation… Read More

Celsius Network Unveils Compounding Interest for Crypto Holders

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Thursday the introduction of compounding interest for crypto holders on its site. According to Celsius Network, members will be able to earn weekly compounded interest on CEL tokens at a rate of 3% per annum…. Read More

Celsius Network Surpasses 20,000 BTC in App Deposits During First Year of Operation

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Monday it has surpassed 20,000 BTC through mobile app deposits during the first year of operations. The platform reported that with the mission of making financial services fair, rewarding, and transparent, members may earn interest… Read More

Celsius Network Announces New Partnership With Tether

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday it has formed a partnership with Tether, a stablecoin which pegs its value to the US dollar. Celsius Network reported that its mobile app will now support the USDT ERC20 stablecoin allowing USDT holders… Read More

Crypto Lender Celsius Network Announces New Partnership With Bitcoin.com

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Thursday it has formed a new partnership with Bitcoin.com. According to Celsius Network, users of its services are now able to purchase BCH, BTC, ETH, and other mutually supported cryptocurrencies through the Celsius app using… Read More

Celsius Network Milestone: Tops $300 Million in Coin Deposits; Completes More Than $2 Billion in Original Crypto Loans in the First Year

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Thursday it has topped $300 million in coin deposits, as well as completed more than $2 billion in originated crypto loans during its first year of operation. Founded in 2017 and launched 2018, Celsius states… Read More

Celsius Network Now Resuming CEL Token Utilities for U.S. Users

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday it has resumed CEL token utilities for U.S. users. Celsius Network reported that the action was taken voluntarily and in the best interest of its community. Speaking about the action, Jeremie Beaudry, Chief Compliance… Read More

Celsius Network to Now Offer Loans in Euro & Stablecoins to Spain-Based Users

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Tuesday it started offering cash and stablecoin loans to users in Spain. Accoridng to the platform, the loans are starting at just 4.95% per year and are claimed to represent the lowest cost available anywhere… Read More

Crypto Lender Celsius Network Tops $300 Million in Coin Deposits & Completes More Than $2 Billion in Originated Crypto Loans During First Year

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Thursday it has topped  $300 million in AUM and $2.2 billion in loans. Celsius Network reported: “These new numbers reflect the company’s unparalleled growth during its first year in operation and places Celsius as the… Read More

Crypto Lender Celsius Network Announces Acquisition of BSave

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Thursday it has acquired BSave, a digital platform that provides earned interest income on cryptocurrency.  Celsius reported that as part of the acquisition, it will now have access to the yield generating algorithms originally developed… Read More

Crypto Lender Celsius Network Lists CEL Token on Liquid

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Tuesday it has listed its CEL Token on cryptocurrency exchange platform, Liquid.com. Celsius reported that it chose to list on Liquid as it is claimed to be one of the top ten global exchanges for… Read More

Cryptocurrency Lender Celsius Network Surpasses $200 Million in Coin Deposits Within 10 Months

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Celsius Network, a cryptocurrency lending and borrowing platform announced on Thursday it topped $200 million in coin deposits in the course of ten months, as well as completed $1.2 billion in originated crypto loans. Founded in 2010, Celsius claims that it addresses the financial needs… Read More

Blockchain Credit Bureau MicroMoney Announces Partnership With Decentralized Credit Lender Celsius Network

Singapore-based blockchain credit bureau MicroMoney announced on Thursday it has formed a partnership with Celsius Network, a decentralized credit lending platform. The new tandem is hoping to expand the reach of cryptocurrency loans to customers worldwide. According to MicroMoney, since both firms’ platforms use the… Read More

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