Celsius operates a cryptocurrency lending platform. It allows users to earn interest on their crypto assets, and borrow against them. The company was founded in 2017 and is based in Hoboken, New Jersey. In July 2022, Celsius Network filed for bankruptcy.
Research containing Celsius
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Celsius in 2 CB Insights research briefs, most recently on Jan 26, 2023.
Expert Collections containing Celsius
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Celsius is included in 5 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Latest Celsius News
Sep 20, 2023
By Scammers are impersonating the bankruptcy claim agent for crypto lender Celsius in phishing attacks that attempt to steal funds from cryptocurrency wallets. In July 2022, crypto lender Celsius filed for bankruptcy and froze withdrawals from user accounts. Customers have since filed claims against the company, hoping to recover a portion of the funds. Over the past few days, people have reported receiving phishing emails pretending to be from Stretto, the Claims Agent for the Celsius bankruptcy proceeding. A recipient shared the phishing email with BleepingComputer, which claims to offer creditors a 7-day exit window to claim their frozen funds. The email says they are from "Stretto Corporate Restructing," using the email address email@example.com, as shown below. Celsius phishing email Source: BleepingComputer The phishing email includes a link to the website case-stretto[. ]com, which redirects the recipient to the phishing site claims-stretto[.]com below. The claims-stretto[. ]com domain was registered today and is hosted at a web hosting provider in the Seychelles. The legitimate Stretto site for Celsius claims is located at https://cases.stretto.com/celsius/claims/. Phishing site impersonating Celsius claims site Source: BleepingComputer The page prompts visitors to enter their email address to withdraw their claim, and when the submit button is pressed, it opens a WalletConnect prompt to connect your installed cryptocurrency wallet with the website. Prompt to connect crypto wallet Source: BleepingComputer If you connect a wallet, the site will now have access to all the information stored within it, including crypto addresses, balances, activity, and the ability to suggest transactions. MetaMask connection Source: BleepingComputer With this connection in place, the threat actors can attempt to drain all assets and NFTs stored within the wallet by disguising the transaction as a deposit. Passes SPF checks This phishing campaign stands out because the emails pass Sender Policy Framework (SPF) checks, which determine if an email comes from a valid email server for the sending domain. SPF performs this check by comparing the IP address of the mail server that sends the email to a list of IP addresses found in the DNS SPF record for the domain used in the 'Return-Path' mail header. In this case, the phishing email's return path is 'firstname.lastname@example.org', with em6462.stretto.com having an SPF record of v=spf1 ip4:126.96.36.199 -all. This SPF record means that any emails from 188.8.131.52 should be considered valid and not marked as spam. As these phishing emails originate from 184.108.40.206, which belongs to the email marketing firm SendGrid, they pass the SPF check and are allowed for delivery. This is illustrated below (some information is redacted), where the email is successfully delivered to Gmail after passing SPF checks. ARC-Authentication-Results: i=1; mx.google.com; dkim=pass email@example.com header.s=s1 header.b=xx; spf=pass (google.com: domain of firstname.lastname@example.org designates 220.127.116.11 as permitted sender) smtp.mailfrom="email@example.com"; dmarc=pass (p=QUARANTINE sp=QUARANTINE dis=NONE) header.from=stretto.com A recipient of one of these phishing emails told BleepingComputer that they did not have an account at Celsius and never filed as a creditor, making it strange that they received this email. The threat actors are likely using older contact lists previously stolen through hacked cryptocurrency marketing accounts. BleepingComputer has reached out to Stretto to confirm if their SendGrid account was compromised to send these emails but has not received a reply. If you receive an email claiming to be about Celsius' claims, please ignore it and check for new updates on the case at the legitimate https://cases.stretto.com/celsius/ site. Unfortunately, if you have already visited one of these phishing sites and lost funds or NFTs after connecting your wallet, there is likely no way to recover your assets. Celsius has previously reported similar phishing attacks used to steal creditors' funds. Related Articles:
Celsius Frequently Asked Questions (FAQ)
When was Celsius founded?
Celsius was founded in 2017.
Where is Celsius's headquarters?
Celsius's headquarters is located at 50 Harrison Street, Hoboken.
What is Celsius's latest funding round?
Celsius's latest funding round is Asset Sale.
How much did Celsius raise?
Celsius raised a total of $783.8M.
Who are the investors of Celsius?
Investors of Celsius include Fahrenheit, Zipmex, Tokentus, Caisse de depot et placement du Quebec, WestCap Group and 4 more.
Who are Celsius's competitors?
Competitors of Celsius include Compound, Grayscale Investments, Block Crafters, BlockFi, Ledn and 8 more.
Compare Celsius to Competitors
Crypto.com serves customers with a crypto app, along with the Crypto.com Visa Card, the Crypto.com Exchange, and Crypto.com DeFi Wallet. Crypto.com NFT is a platform for collecting and trading NFTs, carefully curated from the worlds of art, design, entertainment, and sports. Crypto.com is built on a solid foundation of security, privacy, and compliance.
Nexo offers Instant crypto-backed Loans. it offers crypto credit lines, a crypto interest product, send and pay capabilities, and sophisticated trading and over-the-counter services, while providing custodial insurance. The company was founded in 2018 and is based in Zug, Switzerland.
Babel Finance is a crypto financial service provider, offering crypto lending, asset management, and prime financing to institutions and qualified investors worldwide. It was formerly known as Babel Bank. The company was founded in 2018 and is based in Hong Kong.
Tellus delivers a financial technology platform. It offers a variety of cash accounts that pay more interest than a traditional savings account, all while keeping money completely out of the stock and crypto markets. It was formerly known as Zilly. The company was founded in 2016 and is based in Palo Alto, California.
Bitwise Asset Management (OTCQX: BITW) is a digital asset investment firm. The company offers products across a range of formats, including exchange-traded funds (ETFs), publicly traded trusts, and private funds providing exposure to crypto assets, equities, hedge funds, and non-fungible token (NFT) collections. It was founded in 2016 and is based in San Francisco, California.
ZEPZ provides a digital money transfer platform. The company specializes in international transfers to mobile money accounts – a technology where a customer's phone numbers acts like a bank account to hold funds.