Tag: Nexo

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Crypto lender Nexo confirms NYAG order, calls it a ‘mix up’

Crypto lender Nexo confirms NYAG order, calls it a ‘mix up’

Cryptocurrency lending firm Nexo Financial denies the allegations of offering unregistered services to New Yorkers put forth by Attorney General Le [...]
Nexo CEO Details Crypto Lender’s Plan to Stay Out of Regulators’ Crosshairs — CoinDesk

Nexo CEO Details Crypto Lender’s Plan to Stay Out of Regulators’ Crosshairs — CoinDesk

Crypto lender Unchained Capital, for instance, told CoinDesk that it does not offer depository accounts or therefore no yield on deposits. Coinbase [...]
Nexo faces lawsuit for liquidating $5m in consumer collateral amid XRP delisting

Nexo faces lawsuit for liquidating $5m in consumer collateral amid XRP delisting

United States-based crypto lending platform Nexo is going through a class-action lawsuit over suspension of XRP providers on Dec. 23, 2020. Lead pl [...]
Crypto Insurer Nexo Provides Change Service to Its Cell App

Crypto Insurer Nexo Provides Change Service to Its Cell App

Cryptocurrency lender Nexo has launched an alternate service for a spread of digital property inside its cellular app.  In keeping with an announce [...]
Bitcoin’s latest correction may very well be retail-driven, Nexo CEO speculates

Bitcoin’s latest correction may very well be retail-driven, Nexo CEO speculates

The worth of Bitcoin (BTC) has dropped considerably since Jan. 8, totalling a decline of greater than $10,000 at time of publication. Retail buyers [...]
DeFi growth and Bitcoin rally place NEXO to shut 2020 with a 480% achieve

DeFi growth and Bitcoin rally place NEXO to shut 2020 with a 480% achieve

Over the previous three months NEXO token, the native asset of Nexo’s blockchain-based lending platform, has elevated by greater than 480%. Since B [...]
Actual-world use circumstances for Nexo, Elrond and Blockstack lure in buyers

Actual-world use circumstances for Nexo, Elrond and Blockstack lure in buyers

The concepts of privateness and decentralization have at all times been the center of the crypto neighborhood. Subsequently, when Blockstack introd [...]
Crypto lending charges are low and DeFi shouldn’t be competitors says Nexo co-founder

Crypto lending charges are low and DeFi shouldn’t be competitors says Nexo co-founder

A lot has been mentioned about enticing rates of interest provided by widespread crypto lending platforms like BlockFi, Celsius Community and Nexo. [...]
Nexo founder feels vindicated by the FinCen leak, talks of double-standards

Nexo founder feels vindicated by the FinCen leak, talks of double-standards

Nexo co-founder Antoni Trenchev advised Cointelegraph that he believes the knowledge revealed throughout the latest FinCen leak vindicates the cryp [...]
eToro, BlockFi & Nexo capitalize on Courageous advertisements for ‘unmatched engagement’

eToro, BlockFi & Nexo capitalize on Courageous advertisements for ‘unmatched engagement’

In line with Courageous browser, companies like eToro, BlockFi, and Nexo have achieved unprecedented outcomes by promoting to the platform's custom [...]
Nexo Finance Accused of Being Behind Zeus Capital and Chainlink Brief

Nexo Finance Accused of Being Behind Zeus Capital and Chainlink Brief

Nexo Finance has been accused of being behind the suspicious asset administration agency that sought to brief Chainlink (LINK) after social media c [...]
Crypto Lender Nexo Enters Prime Dealer Race, Enlists Chainlink for Audits

Crypto Lender Nexo Enters Prime Dealer Race, Enlists Chainlink for Audits

Crypto lender Nexo is making ready to enter the prime brokerage house with Chainlink-powered audits that convey extra transparency to its operation [...]
$100M+ in Margin Calls: Crypto Lenders Demand Collateral as Market Buckles

$100M+ in Margin Calls: Crypto Lenders Demand Collateral as Market Buckles

The budding marketplace for cryptocurrency-backed loans met its first large stress take a look at this week as bitcoin (BTC) dropped 40 percent and [...]
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