Celsius Network’s Token CEL Drops 58% After Bankruptcy Filing, So-Called ‘Short Squeeze’ Falters

Celsius Network’s Token CEL Drops 58% After Bankruptcy Filing, So-Called Short Squeeze FaltersDuring the last 30 days, the Celsius Network’s native token CEL increased in value by over 140% against the U.S. dollar. On July 13, just before the lending company filed for Chapter 11 bankruptcy, CEL was exchanging hands for $0.961 per unit. Following the news that the company filed for bankruptcy protection, the native crypto […]

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US Authorities Ask India to Seize Property of Bitconnect Promoters

US Authorities Ask India to Seize Property of Bitconnect PromotersThe authorities of two U.S. states have reportedly asked Indian officials to seize the property of the promoters of Bitconnect since citizens of their states have invested in the company and lost money. One promoter has already been arrested and the investigators are tracking down another promoter. Also read: Yahoo! Japan Confirms Entrance Into the Crypto […]

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