Tag: Arrington Capital
Ex-Algorand CEO Steve Kokinos Appointed CEO of Celsius
In a significant development involving Celsius, Steve
Kokinos, the former CEO of Algorand, is poised to take the reins of the crypto
lender in the aftermath...
Ex-Algorand Boss Steve Kokinos Tapped as CEO for Firm Buying Celsius – Decrypt
Steve Kokinos has been proposed as CEO for the company buying Celsius, according to court filings.The former Algorand CEO—who stepped down from that role...
Celsius Creditors to Vote on Bankruptcy-Escape Plan After Judicial Approval
Creditors will be sent ballots to vote on the plan, involving the sale of assets to a consortium including Arrington Capital and miner U.S....
Celsius Users to Vote on Restarting as Creditor-Owned Company
The bankrupt crypto firm plans to send ballots to account holders who will vote on a proposal to restart Celsius as a user-owned...
Giza Raises $3M Pre-Seed Led by CoinFund to Bring Artificial Intelligence to Web3 Smart Contracts
Open source artificial intelligence platform will unlock machine learning in smart contracts and web3 protocols within DeFi, Gaming, and Security
NEW YORK–(BUSINESS WIRE)–#3M—Giza, an artificial...
Celsius Network Shakes Up Ethereum: $745M Deposit Sends Validator Queue Soaring – Investor Bites
SNEAK PEEK
Celsius Network disrupts ETH staking with $745 million deposit. Celsius’ move extends Ethereum validator queue to 44 days. Celsius continues staking despite...
Redefining Crypto Mining: US Bitcoin Corp Wins Bid for Celsius Network – Investor Bites
SNEAK PEEK
USBTC’s partnership with Celsius Network promises to redefine cryptocurrency mining. Celsius Network stands to benefit from USBTC’s strategic leadership. The Fahrenheit coalition...
Celsius Gets Acquired by Fahrenheit as Market Fever Subsides
Celsius will be taken over by Fahrenheit, another company named after a temperature system. Customers affected by Celsius’ bankruptcy will finally get a...
Fahrenheit wins auction for Celsius’ assets
Bankrupt crypto lender Celsius Network announced today that crypto consortium Fahrenheit has won in the court‑approved auction process to sell its assets.In a May...
Fahrenheit Consortium Is Lead Bidder in Bankruptcy Auction for Celsius Assets
Fahrneheit is backed by Arrington Capital, U.S. Data Mining Group, Inc. (known as U.S. Bitcoin Corp.), investment firm Proof Group Capital Management, former Algogrand...
Coinbase and Gemini Join Bid Race for Celsius Network’s Assets: Report
Leading cryptocurrency exchanges Coinbase and Gemini are parts of the two consortiums set to bid for bankrupt crypto lender Celsius Network’s assets at...
Coinbase and Gemini Join Bidding for Celsius Assets: Report
The two crypto exchanges are among the new groups of firms that will aim to outbid NovaWulf for Celsius Network’s digital assets. ...