SEC’s Case Against Kraken Going to Trial; PayPal's PYUSD Tops $1B Market Cap
SEC’s Case Against Kraken Going to Trial; PayPal's PYUSD Tops $1B Market Cap
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a California judge ruled that the SEC's lawsuit against Kraken will p...
SEC’s Case Against Kraken Going to Trial; PayPal's PYUSD Tops $1B Market Cap

Celsius' bankruptcy administrator said it has paid out some 2/3 of eligible claims. (Alexander Mils/Unsplash)
Celsius' Bankruptcy Plan Administrator Pays Out Over $2.5B
The distributions were made in liquid cryptocurrency and cash at Jan. 16 prices to roughly two-thirds of all eligible creditors by number and 93% by value.
Celsius' bankruptcy administrator said it has paid out some 2/3 of eligible claims. (Alexander Mils/Unsplash)

Celsius Filed for Tether to Relinquish $3.3B of Bitcoin; Ripple Began Stablecoin Testing
Celsius Filed for Tether to Relinquish $3.3B of Bitcoin; Ripple Began Stablecoin Testing
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as bankrupt crypto lender Celsius asked a U.S. court to order stablecoin...
Celsius Filed for Tether to Relinquish $3.3B of Bitcoin; Ripple Began Stablecoin Testing

(Pixabay)
Tether to Fight Celsius' $3.3 Billion 'Shakedown' Litigation
On Friday, Celsius asked a U.S. court to order Tether to relinquish a total of 57,428.64 bitcoin.
(Pixabay)

Screenshot of Dakota's bank account dashboard
Dakota Emerges From Stealth to Provide Bank-Like Services to Crypto Depositors
The crypto-native company, which says it is attempting to right the wrongs of centralized lenders like Celsius, emerged from stealth on Wednesday.
Screenshot of Dakota's bank account dashboard

Ledn co-founders Mauricio Di Bartolomeo (left) and Adam Reeds (Ledn)
Ledn First-Quarter Loans Top Record $690M as Lending Market Snaps Back
The majority of loans were issued to institutional market makers following U.S. approval of spot bitcoin exchange-traded funds.
Ledn co-founders Mauricio Di Bartolomeo (left) and Adam Reeds (Ledn)

Sam Bankman-Fried exits a federal courthouse in lower Manhattan on July 26, 2023. (Nikhilesh De/CoinDesk)
Sam Bankman-Fried Replaces Lawyers Ahead of Sentencing
Bankman-Fried replaced his former lawyers, Mark Cohen and Christian Everdale, as he’s headed into sentencing negotiations.
Sam Bankman-Fried exits a federal courthouse in lower Manhattan on July 26, 2023. (Nikhilesh De/CoinDesk)

The Celsius Mining Scoop With ChazzonKe
The Celsius Mining Scoop With ChazzonKe
Originally a part of the now-defunct lending firm Celsius, Celsius Mining recently transitioned to its own entity, Ionic, and is working with Hut 8 to run its mining assets. B...
The Celsius Mining Scoop With ChazzonKe

Bitcoin Slips as Fed Leaves Rates Unchanged; Celsius to Distribute $3B Crypto to Creditors
Bitcoin Slips as Fed Leaves Rates Unchanged; Celsius to Distribute $3B Crypto to Creditors
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto headlines shaping the industry today, including an update that Celsius will be shipping out more than $3...
Bitcoin Slips as Fed Leaves Rates Unchanged; Celsius to Distribute $3B Crypto to Creditors

Ionic's CEO Matt Prusak (Ionic Digital)
Celsius' Bitcoin Mining Assets to Restart as New Firm Prepares to Go Public
The new company, Ionic Digital, expects to hit mining capacity of 12.7 exahash per second (EH/s).
Ionic's CEO Matt Prusak (Ionic Digital)