Why did Quebec's $303 billion pension fund write off Celsius Network?

Get new users downloading your project releases today! Quebec's $303 billion pension manager has written off its stake in bankrupt cryptocurrency lender Celsius Network, with its chief executive officer conceding the fund invested "too soon" in the sector.

How much did you lose with the Celsius Network?

The latest news about cryptos, in our Telegram channel. A new website, Celsiusnetworth.com, reveals how much users lost with the Celsius network. A list of several individuals has been posted on the site. Top on the list is Jacob Benjamin, who lost $40,468,920in the defunct crypto lender.

Is the Celsius scale capitalized?

The scale centigrade is not. Since Celsius is named for Anders Celsius, the Swedish astronomer who created it, that's capitalized. And, since the Fahrenheit scale is named for Gabriel Daniel Fahrenheit, the German physicist who created it, the term merits capitalization.

What's going on at Celsius?

The strain at the beleaguered firm — which hired restructuring consultants from advisory firm Alvarez & Marsal to help with a possible bankruptcy filing, The Wall Street Journal reported on 24 June — comes as Celsius contends with the recent crash in digital asset values. Lawyers at Akin Gump Strauss Hauer & Feld are also reportedly advising...