Nexo co-founders address recent cease and desist orders from US state regulators

Nexo co-founders Antoni Trenchev and Kalin Metodiev hosted an AMA on October 4 in which they addressed recent cease and desist orders issued by several U.S state regulators. The post Nexo co-founders address recent cease and desist orders from US state regulators appeared first on CryptoSlate. дальше »

319 +

Insolvency not in ‘Nexo’s reality’ — co-founder during AMA

Co-founder Kalin Metodiev stated that comparisons between Celsius, Voyager and Nexo are “very far from reality” and that the firm is focused on building in a sustainable way. дальше »

299 +

Is Nexo safe? Crypto lender withdraws $150 million from MakerDAO

It’s the unfortunate reality that any crypto lender these days will be met with… The post Is Nexo safe? Crypto lender withdraws $150 million from MakerDAO appeared first on CoinJournal. дальше »

302 +

NEXO-Tagged Address Withdraws Wrapped Btc Worth $153 Million USD From MakerDAO.

The Nexo-addressed Crypto pocketbook makes a large withdrawal of wrapped Bitcoin (wBTC) of up to $153 million USD from MakerDAO. This development comes amidst a predicted drop in NEXO rates. Nexo Takes Out $153 Million USD in Bitcoin. Just recently,… дальше »

435 +

Nexo-labeled address withdraws $153M in Wrapped BTC from MakerDAO

The crypto community chose to link the funds’ withdrawal with Nexo’s insolvency rumors due to the wallet's name — Nexo: 0x8fd.

468 +

NEXO risks 50% drop due to regulatory pressure and investor concerns

Analysts fear NEXO price could come under pressure if regulatory action in the United States begins to intensify.

317 +

Nexo ‘surprised’ by state regulators’ actions, says co-founder

Kalin Metodiev emphasized that Nexo has been navigating through conversations with regulators for the past couple of years to ensure compliance, and was surprised that this news was “thrown out there in public.” дальше »

357 +

Should you buy Nexo after it acquired a stake in US Bank?

Nexo has acquired a stake in the bank holding company that owns Summit National Bank, which is the US federally chartered bank regulated by the Office of Comptroller of the Currency. Nexo is a blockchain-based platform that offers a FIAT on-ramp for numerous cryptocurrencies and is a cryptocurrency exchange that offers crypto-backed loans. дальше »

286 +

Crypto-lender Nexo faces charges from eight U.S states

Switzerland-based crypto-lender Nexo is facing simultaneous enforcement action from eight different U.S states over varying allegations. Actions include cease and desist orders, administrative measureThe post Crypto-lender Nexo faces charges from eight U.S states appeared first on AMBCrypto. дальше »

369 +

Nexo Defends Itself Against Cease and Desist Allegations

Nexo has defended itself against various U.S. regulators by claiming it promises modest interest rates. Nexo Says It Offers Nominal Rates Nexo says that it doesn’t offer high interest rates.... дальше »

402 +

Nexo acquires stake in Summit National Bank to expand US offering

Nexo, a digital asset lending platform, announced that it has acquired a stake in Summit National Bank. The post Nexo acquires stake in Summit National Bank to expand US offering appeared first on CryptoSlate. дальше »

438 +

Exclusive: Nexo’s Trenchev says it took two years to finalise acquisition of stake in US Bank

Crypto lending platform Nexo has made the landmark announcement that it has acquired a stake in Hulett Bancorp (DBA Mode Eleven), the holding company that owns Summit National Bank – a US federally chartered bank. дальше »

268 +

Nexo acquires stake in US chartered bank

By acquiring a stake in the holding company that owns Summit National Bank, Nexo plans to expand its financial product offerings in the United States. дальше »

432 +

Crypto Lender Nexo Acquires Minority Stake in OCC-Regulated Summit National Bank

Cryptocurrency lender Nexo has acquired a minority stake in Summit National Bank, a financial institution regulated by the Office of the Comptroller of the Currency (OCC). дальше »

373 +

Регуляторы восьми штатов США подали судебные иски против криптокредитора Nexo

Регуляторы восьми штатов США потребовали от платформы криптокредитования Nexo прекратить продвижение процентных криптовалютных продуктов, подпадающих под Закон о ценных бумагах. дальше »

272 +

U.S. States Take Legal Actions Against Crypto Lender Nexo for Alleged Unlawful Operations

Several U.S. states, including California, New York, and South Carolina, could take legal action against Nexo, a cryptocurrency lender platform. California DFPI issues a Desist The state of California, through the Department of Financial Protection and Innovation (DFPI), gave an… дальше »

363 +

Nexo Hit With Cease and Desist Orders From Eight U.S. States

Multiple U.S. state regulators have issued cease and desist orders against the crypto lending platform Nexo. C&D Issued Against Nexo Eight U.S. states are taking legal action against Nexo for... дальше »

391 +

California Hits Nexo With Cease & Desist Notice, Citing Investor Protection Issues

The California Department of Financial Protection (DFPI) has issued a cease and desist order against crypto lender Nexo Group for offering yield-bearing accounts. The post California Hits Nexo With Cease & Desist Notice, Citing Investor Protection Issues appeared first on BeInCrypto. дальше »

308 +

New York, California among US states to bring enforcement actions against Nexo

Regulators across multiple US states have announced enforcement actions against crypto lender Nexo, with… The post New York, California among US states to bring enforcement actions against Nexo appeared first on CoinJournal. дальше »

397 +

В Nexo обозначили сроки принятия решения о покупке Vauld

Криптолендинговой платформе Nexo потребуется еще 30 дней, чтобы принять решение о приобретении ее конкурента Vauld. Об этом пишет The Block со ссылкой на письмо компании. Согласно документу, 5 июля Nexo начала комплексную 60-дневную проверку потенциальной сделки. дальше »

445 +

Nexo launches NEXO Pro for retail clients, will this affect the token’s price?

In the latest cryptocurrency news surrounding Nexo, the platform has now released Nexo Pro for traders. This is the latest move in a succession of forward steps for the Nexo team, who recently offered to buy-out Celsius, an insolvent competitor lender. дальше »

435 +

Nexo Pro launches to offer industrial-level service to individual users

Digital asset exchange platform Nexo has launched its new platform, Nexo Pro, which is designed to bring industrial-level trading functions to the use of individual users. The post Nexo Pro launches to offer industrial-level service to individual users appeared first on CryptoSlate. дальше »

405 +

Crypto Lender Nexo Introduces Spot and Margin Trading Platform

Cryptocurrency lender Nexo has launched a trading platform that features spot, futures and margin trading for retail customers. дальше »

390 +

Vauld Extends Nexo Buyout Due Diligence Period

Singapore-based crypto lenders Vauld have released an update regarding a potential rescue from the Nexo lending platform. дальше »

398 +

Controversial Crypto Lawyer Kyle Roche Pulls Out of Nexo, Binance.US, Solana and Dfinity Lawsuits

The new withdrawals come a day after Roche filed to withdraw from class-action lawsuits involving Tether, Bitfinex, TRON and BitMEX. дальше »

400 +

Nexo continues progress as competitors lag

The phrase “crypto lending” has taken on somewhat of a dirty meaning this year. The collapse of Terra in May sparked a wave of contagion which spread across the industry. This ultimately caused many firms to go under, several of whom were in the CeFi space – most notably Celsius. дальше »

519 +

Nexo price recovery accelerated in August. Is it a buy in September?

Nexo price jumped to the highest level since June as the bullish momentum accelerated.… The post Nexo price recovery accelerated in August. Is it a buy in September? appeared first on CoinJournal. дальше »

300 +

Nexo commits more funds to buyback initiative, NEXO token price takes off

The price of NEXO tokens has jumped to a daily high of $1. 15 hours after Nexo announced that it will commit additional funds to its buyback initiative. At press time, NEXO was trading at $1. 06 up 5. дальше »

395 +

Nexo commits additional $50M to buyback initiative

Nexo’s native token NEXO jumped more than 8% as the company announced an additional… The post Nexo commits additional $50M to buyback initiative appeared first on CoinJournal. дальше »

360 +

Amid crypto winter, Nexo commits additional $50M to buyback program

The Bitcoin lender has sought advice from Citigroup on how to acquire distressed crypto firms amid the bear market.

217 +

Crypto Lender Nexo allocates $50M to buyback its native token

Crypto lending platform Nexo has allocated $50 million to buy back its native NEXO token as part of an ongoing initiative designed to bolster the stability and profitability of its ecosystem. The post Crypto Lender Nexo allocates $50M to buyback its native token appeared first on CryptoSlate. дальше »

326 +

Crypto Lender Nexo Allocates Additional $50M for Token Buyback Initiative

Cryptocurrency lending platform Nexo has allocated an additional $50 million to its token buyback initiative. дальше »

279 +

Top gainers not to miss this week: NEXO, WAVES and CHZ

NEXO (NEXO/USD), Helium (HNT/USD), and Waves (WAVES/USD) are some of the best tokens to get throughout August. Nexo announced that they are fully supporting the Ethereum (ETH/USD) Proof-of-Stake (PoS) era, and in the event of a Proof-of-Work (PoW) fork, they will evaluate the logistics and support for distribution. дальше »

291 +

NEXO is up by more than 18% on Wednesday: Here’s why

NEXO is the best-performing cryptocurrency among the top 100 coins and tokens in the…

The post NEXO is up by more than 18% on Wednesday: Here’s why appeared first on CoinJournal.

344 +

The Nexo Booster is bringing leverage trading to Nexo

Nexo, a leading cryptocurrency lending platform and exchange, has introduced a new feature on its platform — the Nexo Booster. The post The Nexo Booster is bringing leverage trading to Nexo appeared first on CryptoSlate. дальше »

369 +

Crypto Lender Nexo Sues Former Director Over $7.9M Trading Loss: Report

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. дальше »

399 +

How will recovery of Mt Gox’s $3.3 billion of bitcoins affect market? Interview with Nexo rep

Mt Gox, the first crypto exchange to gain mainstream traction, has long gone down in the annuls of crypto infamy. Launched in 2010 – scarcely a year after Satoshi Nakamoto introduced the world to Bitcoin, within four years it was handling over 70% of Bitcoin transactions worldwide. дальше »

284 +

Nexo, Crypto Lender on Prowl for Ailing Rivals, Faces Declining Deposits

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. дальше »

413 +

Nexo price went parabolic and then dived. Is it a good buy?

Nexo price went parabolic and then quickly erased most of the gains as cryptocurrency… The post Nexo price went parabolic and then dived. Is it a good buy? appeared first on CoinJournal. дальше »

352 +

Nexo has a crypto card that lets you spend without selling your assets

Nexo, a popular crypto lending platform, has partnered with Mastercard to launch a crypto-backed card. The post Nexo has a crypto card that lets you spend without selling your assets appeared first on CryptoSlate. дальше »

391 +

Nexo lists Optimism’s OP token

Nexo, one of the leading crypto platforms seeing ‘business as usual’ amid a bearish market, has added a “dose of optimism” for the community via the listing of OP, the native token of Ethereum layer 2 scaling solution Optimism. дальше »

483 +

Vauld Issues Update Regarding Potential Nexo Buy-Out

Singapore-based crypto lenders Vauld have released an update regarding a potential buyout by crypto lending giant Nexo. дальше »

320 +

Embattled Crypto Lender Vauld To Be Acquired By Rival Nexo

Singapore-based crypto trading, and lending firm, Vauld is on a path to being acquired by rival crypto Nexo. Reports of the 100% acquisition deal come at a period when Vauld appears to be having some financial struggles – a pattern that has remained dominant in the crypto lending space of late. Nexo has a 60-day […] дальше »

384 +

Nexo's Real-Time Public Audit Sets High Transparency Standard

As crypto lending platforms falter, the continuous publicly available real-time audit of Nexo’s financial liabilities brings rare transparency to the sector.  дальше »

292 +

Nexo Looks to Acquire Failing Rival Crypto Lender Vauld

Crypto lender Nexo could potentially be in the process of acquiring rival Vauld, which abruptly halted customer withdrawals earlier this week. The post Nexo Looks to Acquire Failing Rival Crypto Lender Vauld appeared first on BeInCrypto. дальше »

350 +

Криптокредитор Nexo изучает возможность выкупить своего конкурента

Криптовалютная кредитная платформа Nexo на фоне волны дефолтов криптопроектов рассматривает возможность занять долю рынка своего сингапурского конкурента Vauld. дальше »

418 +

Nexo begins due diligence to acquire 100% of struggling rival Vauld

Centralized lending and borrowing platform Nexo has signed an “indicative term sheet” for the potential acquisition of Vauld. The post Nexo begins due diligence to acquire 100% of struggling rival Vauld appeared first on CryptoSlate. дальше »

459 +

Журналисты узнали о приобретении Nexo криптолендинговой платформы Vauld

Криптолендинговая платформа Nexo и ее конкурент Vauld подписали предварительное соглашение о продаже последней. Об этом The Block сообщили знакомые с ситуацией источники. Днем ранее поддерживаемый Питером Тилем стартап объявил о возможной реструктуризации Vauld. дальше »

373 +

Nexo Signs Term Sheet With Vauld for Potential Acquisition

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. дальше »

421 +

Nexo Taking Steps to Acquire Distressed Crypto Lender Vauld

Vauld is one of several crypto lending firms facing insolvency issues due to the crypto market downturn. Nexo Looks to Acquire Vauld Nexo is making plans to acquire Vauld. In... дальше »

393 +