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Nexo Launches Crypto-Backed Credit Cards in Europe in Partnership With Mastercard
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Nexo Launches Crypto-Backed Credit Cards in Europe in Partnership With Mastercard

Digital assets platform Nexo has inked a deal with Mastercard and DiPocket to launch crypto cards that will allow its customers in Europe to spend digital currencies without touching their funds.

Nexo to terminate yield-bearing product after paying $45 million
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Nexo to terminate yield-bearing product after paying $45 million

Nexo Capital's cryptocurrency yield-bearing product is being shut down in the US following a multi-million dollar settlement with the SEC and NASAA.

Nexo Ventures Emerges With $150M Funding for Web3.0
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Nexo Ventures Emerges With $150M Funding for Web3.0

Digital assets lending platform Nexo has launched Nexo Ventures, its incubation fund bootstrapped with $150 million to fund a variety of Web3.0 initiatives.

Nexo Allocates Additional $50M to Long-standing Token Buyback Initiative
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Nexo Allocates Additional $50M to Long-standing Token Buyback Initiative

Crypto lending platform Nexo has approved periodic repurchases of its NEXO token for up to $50 million.

Nexo Capital to Pay $45 Million in Penalties
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Nexo Capital to Pay $45 Million in Penalties

Nexo Capital, a crypto lender, will pay $45 million to the SEC and NASAA (NASAA). SEC and NASAA announced the announcement on Jan 19.

Nexo Offers to Acquire Vauld Group after Celsius's Cold Treatment
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Nexo Offers to Acquire Vauld Group after Celsius's Cold Treatment

Nexo’s plan to buy a cryptocurrency lender may be coming to fruition as the company has shown interest in acquiring Vauld Group.

"Insolvency, Bankruptcy is Nowhere in Nexo's reality": Co-Founders
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"Insolvency, Bankruptcy is Nowhere in Nexo's reality": Co-Founders

Speculations about crypto lender Nexo heading towards bankruptcy were squashed by the company's top-ranking members in an ‘Ask-Me-Anything’ YouTube video on Tuesday.

Crypto Lending Platform Nexo Takes Stake in U.S. Summit National Bank
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Crypto Lending Platform Nexo Takes Stake in U.S. Summit National Bank

Switzerland-based Crypto lending platform Nexo has announced the acquisition of a stake in Wyoming-based Summit National Bank, expanding its footprint in the U.S. region.

Three Worst Hit Altcoins by the Current Market Onslaught: ETH, NEXO, and XMR
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Three Worst Hit Altcoins by the Current Market Onslaught: ETH, NEXO, and XMR

Amidst the ongoing onslaught, this piece analyzes three altcoins that are worst hit by the correcting prices. The selection is based on the top 100 coins listed on CoinMarketCap.

Users Panic as Nexo Withdraws 7,758.8 WBTC from MakerDAO
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Users Panic as Nexo Withdraws 7,758.8 WBTC from MakerDAO

There have been panic in the digital space amidst rumours of Nexo being insolvent due to the abrupt withdrawal of Wrapped Bitcoin (WBTC) from MakerDAO with an address labelled as Nexo Ox8fd

Bulgarian Authorities Accuse Four Persons After Nexo Office Raid
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Bulgarian Authorities Accuse Four Persons After Nexo Office Raid

The Sofia Nexo raid resulted in four charges. Nexo lets investors borrow and stake crypto. The UK, Bulgaria, and Switzerland-based corporation does not serve Bulgarians. Nexo announced its US service phaseout in December.

South Korean Billionaire Businessman Kim Jung-ju Passes away, Aged 54
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South Korean Billionaire Businessman Kim Jung-ju Passes away, Aged 54

Kim Jung-ju passed away at the age of 54. He is the founder and the chairman of South Korea's largest gaming firm, Nexon. The online gaming company has made multiple headlines, and of late is getting into cryptocurrency.

Nexo Seeks $3 Billion in Damages from Bulgaria Over Investigation
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Nexo Seeks $3 Billion in Damages from Bulgaria Over Investigation

Nexo files a $3 billion claim against Bulgaria for damages caused by a dropped investigation, citing material and reputational harm and disrupted business plans.

Crypto Lender Struggles Extended Creditor Protection For Vauld
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Crypto Lender Struggles Extended Creditor Protection For Vauld

Singapore gave Vauld another creditor protection term. The corporation needs a resurrection strategy by Feb. 28. Due to market circumstances, the site stopped 800,000 user withdrawals in July 2022. It received a three-month liquidity moratorium in August 2022.

Nexo Hires Citigroup to Advise on Potential Acquisitions
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Nexo Hires Citigroup to Advise on Potential Acquisitions

Crypto lending platform Nexo announced that it has tapped Citigroup to advise it on the potential acquisition of other crypto firms hit by the recent market downturn.

Chainlink (LINK) to See Potential Correction as Investor Sentiment Show Concerning Signs
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Chainlink (LINK) to See Potential Correction as Investor Sentiment Show Concerning Signs

Chainlink (LINK) has been one of the best-performing cryptocurrencies in 2020 and has seen a 20% surge in the past 24 hours. Chainlink has set a new all-time high, the fourth time in less than two months, reaching $17.59 on Binance. Is a bear market coming?

Chainlink’s LINK Crypto Price Surges to a New All-Time High, Signaling a Strong Altcoin Season
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Chainlink’s LINK Crypto Price Surges to a New All-Time High, Signaling a Strong Altcoin Season

Chainlink has surged to an all-time high, $8.48, as recent new partnerships have instigated its bull run. Likely factors that pushed the crypto into its strong momentum were recent high-profile partnerships, price discovery, and the strong altcoin market.

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