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Wednesday, June 25, 2025

Celsius' Options, Tether's Commercial Paper, Blockchain.com vs. Three Arrows + More News - Cryptonews

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investments news
Troubled crypto lender Celsius Network (CEL) announced that they “continue to take important steps” to preserve and protect assets and explore options, which include pursuing strategic transactions as well as a restructuring of liabilities, among other avenues.
Simon Dixon, the founder of the online investment platform BnkToTheFuture, said that Celsius has reached out to him and that he is considering the best way to help. They are offering three proposals for their community, leaving them to decide on the path that the platform will take.
Online brokerage eToro and the special purpose acquisition company (SPAC) that agreed to take it public are planning to let the deadline for their merger pass without closing the deal, The Information reported, citing an undisclosed person familiar with the matter.
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