Tag: Nexo
Nexo acquires stake in US chartered bank
Digital asset lending platform Nexo has purchased a stake in a holding company that owns a federally chartered bank in the United States — a move Nexo [...]
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 o [...]
California files order against Nexo interest account, says it’s 8th state to take action
The California Department of Financial Protection & Innovation (DFPI) has filed a desist and refrain order against crypto lending platform Nexo as [...]
California, New York Join Several States Ordering Crypto Lender Nexo to Halt Yield Product
“These crypto interest accounts are securities and are subject to investor protections under the law, including adequate disclosure of the risk involv [...]
Crypto Lender Nexo Introduces Spot and Margin Trading Platform
The trading platform, named Nexo Pro, will aggregate liquidity from more than 10 trading venues and market makers to minimize order slippage, or the c [...]
Controversial Crypto Lawyer Kyle Roche Pulls Out of Nexo, Binance.US, Solana and Dfinity Lawsuits
Last Friday, whistleblower site Crypto Leaks published a series of damning videos, accusing the lawyer of weaponizing class-action lawsuits to collect [...]
Amid crypto winter, Nexo commits additional $50M to buyback program
Crypto lending platform Nexo has increased the size of its buyback program, giving the company more discretionary ability to repurchase its native tok [...]
Crypto Lender Nexo Allocates Additional $50M for Token Buyback Initiative
“In these challenging market conditions, the NEXO Token has moved consistently with the likes of BTC and ETH," said Antoni Trenchev, Nexo Co-Founder a [...]
Crypto Lender Nexo Sues Former Director Over $7.9M Trading Loss: Report
HDR Global, which is the parent company of BitMEX, asked the High Court to determine who owned the account after Shulev left as a director at Nexo in [...]
Nexo, Crypto Lender on Prowl for Ailing Rivals, Faces Declining Deposits
This year's crash in crypto prices has rattled nerves of retail depositors while also saddling big industry players with losses on assets they had len [...]
Nexo Signs Term Sheet With Vauld for Potential Acquisition: Report
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.
www.coindesk.com [...]
Nexo responds to accusations of stealing donations, siphoning funds from charity
Cryptocurrency lending platform Nexo has hit back at what it called “fake news” and rumors that its founders were part of a charity embezzlement scand [...]
Nexo Sends Cease and Desist Letter to Anonymous Twitter Account Accusing It of Embezzlement
Nexo has issued a public cease and desist order to a Twitter account run by someone with the handle 'Otter.'
www.coindesk.com [...]
Nexo hires Citibank to advise on acquisitions during market turmoil
Crypto lending platform Nexo, says that its strong balance sheet means it can ride to the rescue to provide liquidity during the current market turmoi [...]
Crypto Lender Nexo Hires Citigroup to Advise It on Acquisitions
Nexo is working with banking giant Citigroup (C) as the crypto lender pursues a consolidation of other lenders hit by the recent market downturn, acco [...]