Crypto lender Celsius Network, which is into bankruptcy proceedings, filed to return custody holders’ funds to them, ahead of a separate hearing to address ongoing questions about its efforts to restructure and relaunch its operations. The distribution of funds to former customers of the defunct crypto exchange Mt Gox will begin on a repayment date to be set in due course, according to a notice to creditors.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of