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