net_left adver left
Detail

Celsius Network’s Recovery Strategy Involves Issuing Wrapped Tokens

Wrapped assets may be part of Celsius’s strategy for a comeback.The goal is to represent the ratio of how much the firm owes to how much it possesses.Before pursuing the...
Celsius Network’s Recovery Strategy Involves Issuing Wrapped Tokens Celsius Network’s Recovery Strategy Involves Issuing Wrapped Tokens

  • Wrapped assets may be part of Celsius’s strategy for a comeback.
  • The goal is to represent the ratio of how much the firm owes to how much it possesses.
  • Before pursuing the plan, Celsius must first submit it to the court for review and approval.

An audio clip of Celsius‘ leadership that was leaked recently to the public discusses the strategic plan to repay customers, which includes the release of additional wrapped assets for trading on other platforms.

The aim is to issue wrapped tokens, also known as Cx tokens, to reflect the ratio of how much the business owes to how much it has available by first placing Celsius’ remaining currency that is earmarked for customer payback into wallets.

This will be done in order to prepare for the distribution of Cx tokens, which will represent the ratio of the amount the company is owing to how much it has available. For example, customers that save their bitcoins will be rewarded with CxBTC tokens.

In the tape that was released by Tiffany Fong, the Celsius customer and public figure who is credited with releasing the previous recording of a leaked all-hands meeting, the company’s co-founder and CTO, Nuke Goldstein, appears to provide a more in-depth explanation of the company’s proposal to repay Earn customers.

In the tape, Goldstein said: “So the more you wait, there’s a better chance that the gap will be closed. However, you can always redeem.”

Fong pointed out that Celsius’ aims may have changed in the days after she got the information, which is significant considering the delay. However, Celsius must first present any plan they have to the court and get permission before acting on it.

Last week, Celsius filed for Chapter 11 bankruptcy and was attempting to sell its stablecoin reserves. Celsius’s management said in a request to the United States Bankruptcy Court Southern District Of New York that the firm has stablecoins valued at about $23 million across its US, UK, and EU branches.

The post Celsius Network’s Recovery Strategy Involves Issuing Wrapped Tokens appeared first on Coin Edition.

See original on CoinEdition

HOT AUTO TRADE BOT SOFTWARE adver right
APPROVED BROKERS
net_home_top HOT AUTO TRADE BOT SOFTWARE
04-10-2022 13:23:38 (UTC+7)

EUR/USD

0.9859

+0.0036 (+0.36%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (1)

EUR/USD

0.9859

+0.0036 (+0.36%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (1)

GBP/USD

1.1352

+0.0030 (+0.27%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (2)

USD/JPY

144.84

+0.31 (+0.21%)

Summary

Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (4)

Sell (3)

AUD/USD

0.6507

-0.0008 (-0.13%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

USD/CAD

1.3600

-0.0022 (-0.16%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (11)

EUR/JPY

142.80

+0.81 (+0.57%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (1)

EUR/CHF

0.9768

+0.0026 (+0.27%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (1)

Gold Futures

1,711.60

+9.60 (+0.56%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (1)

Sell (5)

Silver Futures

21.027

+0.438 (+2.13%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Copper Futures

3.4655

+0.0467 (+1.37%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (4)

Sell (6)

Crude Oil WTI Futures

83.90

+0.27 (+0.32%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (0)

Sell (7)

Brent Oil Futures

89.30

+0.44 (+0.50%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (7)

Natural Gas Futures

6.469

-0.033 (-0.51%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (9)

US Coffee C Futures

215.55

-6.00 (-2.71%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Euro Stoxx 50

3,342.17

+23.97 (+0.72%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (7)

S&P 500

3,678.43

+92.81 (+2.59%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (3)

Sell (8)

DAX

12,209.48

+95.12 (+0.79%)

Summary

Neutral

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (2)

Sell (4)

FTSE 100

6,908.76

+14.95 (+0.22%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (2)

Sell (2)

Hang Seng

17,079.51

-143.32 (-0.83%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

US Small Cap 2000

1,709.05

+44.33 (+2.66%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (5)

Sell (2)

IBEX 35

7,462.00

+95.20 (+1.29%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (1)

BASF SE NA O.N.

40.940

+1.340 (+3.38%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

Bayer AG NA

47.95

+0.54 (+1.14%)

Summary

Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (3)

Sell (3)

Allianz SE VNA O.N.

161.54

-0.26 (-0.16%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (0)

Sell (10)

Adidas AG

119.00

+0.12 (+0.10%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (0)

Deutsche Lufthansa AG

5.716

-0.202 (-3.41%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (6)

Siemens AG Class N

100.92

-0.28 (-0.28%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (7)

Deutsche Bank AG

7.630

-0.016 (-0.21%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (9)

 EUR/USD0.9859↑ Buy
 GBP/USD1.1352↑ Buy
 USD/JPY144.84Buy
 AUD/USD0.6507↑ Buy
 USD/CAD1.3600↑ Sell
 EUR/JPY142.80↑ Buy
 EUR/CHF0.9768↑ Buy
 Gold1,711.60Neutral
 Silver21.027↑ Buy
 Copper3.4655Neutral
 Crude Oil WTI83.90↑ Sell
 Brent Oil89.30↑ Sell
 Natural Gas6.469↑ Sell
 US Coffee C215.55↑ Sell
 Euro Stoxx 503,342.17↑ Sell
 S&P 5003,678.43↑ Sell
 DAX12,209.48Neutral
 FTSE 1006,908.76Neutral
 Hang Seng17,079.51↑ Buy
 Small Cap 20001,709.05Buy
 IBEX 357,462.00↑ Buy
 BASF40.940↑ Sell
 Bayer47.95Sell
 Allianz161.54Neutral
 Adidas119.00↑ Buy
 Lufthansa5.716Sell
 Siemens AG100.92↑ Sell
 Deutsche Bank AG7.630↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,550/ 6,630
(10/ 10) # 1,700
SJC HCM6,540/ 6,640
(20/ 20) # 1,711
SJC Hanoi6,540/ 6,642
(20/ 20) # 1,713
SJC Danang6,540/ 6,642
(20/ 20) # 1,713
SJC Nhatrang6,540/ 6,642
(20/ 20) # 1,713
SJC Cantho6,540/ 6,642
(20/ 20) # 1,713
Cập nhật 04-10-2022 13:23:40
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,703.26+2.30.13%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V22.12022.560
RON 95-III21.44021.860
E5 RON 92-II20.73021.140
DO 0.05S22.20022.640
DO 0,001S-V24.18024.660
Dầu hỏa 2-K21.68022.110
ↂ Giá dầu thô thế giới
WTI$83.94+0.010.01%
Brent$88.86-0.2-0.22%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.720,0024.030,00
EUR22.864,8324.144,42
GBP26.379,6327.503,66
JPY160,63170,05
KRW14,4117,55
Cập nhật lúc 12:23:29 04/10/2022
Xem bảng tỷ giá hối đoái
adver main right