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California, New York Join Several States Ordering Crypto Lender Nexo to Halt Yield Product
26.9.2022
Pre-Ethereum Merge Moves, Hope for Voyager Clients, Nexo Launches Crypto Exchange + More News
7.9.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Pre-Ethereum Merge Moves, Hope for Voyager Clients, Nexo Launches Crypto Exchange + More News
Crypto Lender Nexo Introduces Spot and Margin Trading Platform
7.9.2022
Cryptocurrency lender Nexo has launched a trading platform that features spot, futures and margin trading for retail customers
Controversial Crypto Lawyer Kyle Roche Pulls Out of Nexo, Binance.US, Solana and Dfinity Lawsuits
1.9.2022
The new withdrawals come a day after Roche filed to withdraw from class-action lawsuits involving Tether, Bitfinex, TRON and BitMEX
Nexo Begins Its Third Bull Run; How Long Will It Sustain?
1.9.2022
NEXO blockchain was created with the unique idea of collateralizing crypto holdings into fiat-based loans. Since many of these loans are offered at an interest rate, people can take advantage of their borrowing service to take a loan of $50 to $2,000,000 without the need for monthly repayments....
Bitcoin and Ethereum Struggle to Continue Higher, NEXO Outperforms
31.8.2022
Bitcoin price is still struggling to clear the USD 20,500 resistance and is currently (12:18 PM UTC) consolidating above the USD 20,300 level. BTC is unchanged in a day and down almost 6% in a week.
Similarly, most major altcoins are facing hurdles. ETH is facing strong resistance near USD 1,620...
Bitcoin and Ethereum Eye Additional Gains, NEXO Rallies
31.8.2022
Bitcoin price once again recovered after dropping below USD 20,000 yesterday and is currently (03:52 UTC) trading above USD 20,400 and eyeing more gains. BTC is now almost unchanged in a day and down 5% in a week.
Similarly, most major altcoins might move higher. ETH recovered above USD 1,600...
Amid crypto winter, Nexo commits additional $50M to buyback program
30.8.2022
The Bitcoin lender has sought advice from Citigroup on how to acquire distressed crypto firms amid the bear market
Crypto Exchange CEO Arrested, Ethereum Scaling, Nexo's Buyback Initiative + More News
30.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Crypto Exchange CEO Arrested, Ethereum Scaling, Nexo's Buyback Initiative + More News
Crypto Lender Nexo Allocates Additional $50M for Token Buyback Initiative
30.8.2022
Cryptocurrency lending platform Nexo has allocated an additional $50 million to its token buyback initiative
Crypto Lender Nexo Sues Former Director Over $7.9M Trading Loss: Report
17.8.2022
Cryptocurrency lender Nexo is taking legal action against its former director, Georgi Shulev, on claims that he failed to keep his side of a settlement agreement
Singapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors
3.8.2022
Singapore-based Vauld will have some breathing space after the country’s High Court gave its parent company creditor protection for the next three months. The decision comes as the troubled crypto lending platform seeks acquisition by rival Nexo. Vauld to Have 3 Months for Restructuring,...
Crypto lender Vauld granted three-month protection from creditors
2.8.2022
Vauld's parent company Defi Payments Ltd says the moratorium granted on Monday will give it the necessary breathing room to form a restructuring plan
Bitcoin and Ethereum Consolidate, NEXO Rallies
25.7.2022
Bitcoin price declined below the USD 22,000 support zone but remained above the USD 21,500 support zone. It is currently (13:23 UTC) consolidating near USD 21,900 and is down almost 3% in a day and up 5% in a week.
Similarly, most major altcoins are trading above key support zones. ETH stayed...
Nexo, Crypto Lender on Prowl for Ailing Rivals, Faces Declining Deposits
22.7.2022
An analysis of attestations of Nexo assets – including older data retrieved using the Wayback Machine – reveals just how much the crypto lender's deposits have declined in recent months
Crypto Lender Nexo Moves Forward With Plan to Acquire Troubled Rival Vauld
6.7.2022
Leading cryptocurrency lender Nexo has offered to buy distressed competitor Vauld, which halted operations in the face of financial difficulties. The proposal comes after the Singapore-based company said it was exploring restructuring options. Nexo Secures Exclusive Agreement to Explore...
Troubled Vauld May Be Acquired and Come Under ‘Nexo Umbrella’
5.7.2022
Singapore-based crypto lender Vauld may get acquired by major crypto lender Nexo (NEXO).
The news was announced by Vauld CEO Darshan Bathija today, stating that the exchange has signed “an indicative term sheet” with Nexo to buy “up to 100% of Vauld.”
The CEO added that,
“The completion of this...
Nexo Signs Term Sheet With Vauld for Potential Acquisition: Report
5.7.2022
Nexo said it has a 60-day exclusive due diligence period in which to decide if it will acquire up to 100% of Singapore-based Vauld
Twitter User Accuses Nexo of Embezzlement Through Charity, Crypto Lender Denies Allegations
28.6.2022
A Twitter account has accused the Bulgarian co-founders of the Swiss-based cryptocurrency lender Nexo of misappropriating funds from a charity platform. The company has rejected the allegations in the anonymous attack, which comes after Nexo offered a buyout deal to troubled rival Celsius....
Three Arrows Default Notice, Grayscale Bitcoin Trust Ready for ETF, Goldman Sachs Bites Coinbase + More News
27.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Three Arrows Default Notice, Grayscale Bitcoin Trust Ready for ETF, Goldman Sachs Bites Coinbase + More News