Cryptocurrency Price Slide: Withdrawal stops at Celsius and Berlin fintech Nuri

Because of the latest sharp value slide within the cryptocurrency markets, one other supplier has entered a state of collapse: monetary platform Celsius introduced on Monday that every one choices for withdrawing funds from accounts utilizing the service can be blocked. Swap transactions and transfers between service accounts have additionally been frozen. In accordance with … Read more

Cryptocurrency crash meets ‘Bitcoin Yield Calculation’ of New Berlin Bank Nuri

Cryptocurrency crash meets 'Bitcoin Yield Calculation' of New Berlin Bank Nuri

By Christian Kirchner and Kaspar Schlink The massive wager on the brand new German financial institution Nouri (previously Bitwala) passed off within the midst of a cryptocurrency crash involving the US firm Celsius Community. In accordance with analysis by Finanz-Scene and Finance Ahead, Celsius is the central accomplice of the so-called “Bitcoin Return Account,” which … Read more