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Celsius Network confirms it lost money in the BadgerDAO DeFi hack

Crypto lending company Celsius Network CEO Alex Mashinsky confirmed in a live stream today that the company lost funds in the BadgerDAO hack earlier this week. “We are working with Badger to recover all those funds. We are collaborating with them on the investigation,” Mashinksy said. “I want to make sure every Celsius user understands, when things like this happen, we are the ones who lose, you don’t lose because it’s our job to recover the funds, it’s our job …

Celsius says ’employee’ suspended amid rumors of CFO arrest in Israel

Crypto lending firm Celsius Network said Friday that it has suspended an “employee” amid rumors of its CFO Yaron Shalem’s arrest in Israel. “We were recently made aware of a police investigation in Israel involving an employee,” Celsius tweeted. “While this is in no way related to the employee’s time or work at @CelsiusNetwork, the employee was immediately suspended. We have also verified that no assets were misplaced or mishandled.” The tweet came after The Block reached out to Celsius CEO …