Blockchain
The Liquid Crypto Exchange selects Celsius to offer crypto yield to its customers
Celsius, the industry-leading cryptocurrency rewards-earning platform, announces today its latest integration with cryptocurrency exchange Liquid to offer Liquid customers access to Celsius’s compounding yield on crypto, as well as fee-free purchases and transactions on the Liquid platform for Celsius’s native CEL token.
Liquid, one of the world’s largest fiat-cryptocurrency exchange platforms by trade volume, was the first exchange to support the CEL token in 2019. Celsius and Liquid have continued to grow their partnership to extend their combined offerings to bring the most value possible to the crypto community.
Through this integration, Liquid users can now reap the benefits of the Celsius earning model: rewards without lock-in, weekly pay outs, anytime asset transfers and withdrawals, and no minimum balance restrictions. With this structure, users can now trade while they also earn at industry-leading rates on top cryptocurrencies including BTC, ETH, XRP, LTC, BCH, LINK, XLM, SNX, UNI, CEL, DAI, DASH, USDT, USDC, and more. And importantly, users can trade and earn securely as Celsius safeguards its digital assets using a combination of cold wallets and multi-part computation (MPC) technology.
“This collaboration with our partners at Liquid is just another example of how Celsius puts its community and partners first with complete focus on the users’ needs and experience as we continue to grow,” says Alex Mashinksy, CEO of Celsius. “Partnerships like this and the many others that we forged have the ultimate goal of providing as many avenues as possible for our community to expand and seamlessly earn the highest yields in the industry on their crypto.”
“Partnering with Celsius since listing the CEL token in 2018 has been beneficial for both Liquid and Celsius,” says Marisa McKnigh, Head of Product at Liquid. “Liquid is excited to work more closely with Celsius’s strong community, and this partnership adds value to both Celsius and Liquid in providing users with a better experience via HODL-ing.”
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This Week in Finance News: 11 Stories You Need to See
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.
The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
- Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few. - Cardinal Health announces two strategic additions to its portfolio
Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash. - BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems. - Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
“I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands. - Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately. - PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
- Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
- Finaya Unveils Nationwide Homeownership Platform
From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient. - GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too. - GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics. - Most US shoppers are encountering generative AI while shopping without realizing it
A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.
For more news like this, check out all of the latest finance-related releases from PR Newswire.
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