Cryptocoins News / The Cointelegraph - 1 year ago
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....
Cryptocoins News / CoinJournal - 1 year ago
It’s the unfortunate reality that any crypto lender these days will be met with scrutiny, as the market still reels from the chaos caused by Celsius earlier this year.
Nexo has to date separated itself from the crowd. Last week it even announce...
Cryptocoins News / Blockchain - 1 year ago
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 (Read More)
Bitcoin News / Google News Bitcoin - 1 year ago
Wrapped Bitcoin Locked on MakerDAO Falls to 2022 Low After Nexo Withdraws Massive Amount of WBTC: Santiment& & The Daily Hodl
Cryptocoins News / The Cointelegraph - 1 year ago
The crypto community chose to link the funds’ withdrawal with Nexo’s insolvency rumors due to the wallet's name — Nexo: 0x8fd. Disclaimer: This article has been updat...
Cryptocoins News / The Cointelegraph - 1 year ago
Analysts fear NEXO price could come under pressure if regulatory action in the United States begins to intensify. Crypto lending firm Nexo is at risk of losing half of...
Cryptocoins News / The Cointelegraph - 1 year ago
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 “thro...
Cryptocoins News / The Cointelegraph - 1 year ago
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. Digital asset...
Cryptocoins News / CoinJournal - 1 year ago
Nexo has reportedly acquired a stake in Hulett Bancorp (DBA Mode Eleven), the bank that owns Summit National Bank.
The deal with the US federally chartered bank offers Nexo an opportunity to further serve its US customers in a regulated environment....
Bitcoin News / Google News Bitcoin - 1 year ago
More Than a Half Dozen US Securities Regulators File Actions Against Crypto Lender Nexo – Regulation Bitcoin News& & Bitcoin News
Bitcoin News / Bitcoin.com - 1 year ago
Crypto lender Nexo is having issues with state authorities from California, New York, Washington, Kentucky, Vermont, South Carolina, and Maryland. The enforcement actions from multiple state securities regulators detail that Nexo’s Earn Intere...
Cryptocoins News / The Cointelegraph - 1 year ago
The state Department of Financial Protection & Innovation says the crypto-interest account is an unqualified security; Nexo has limited the accounts since the BlockFi settlement with...
Cryptocoins News / CoinJournal - 1 year ago
Regulators across multiple US states have announced enforcement actions against crypto lender Nexo, with cease-and-desist orders from some over Nexo’s interest-bearing crypto product.
On Monday afternoon, at least eight states had variously fil...
Bitcoin News / Bitcoinist - 1 year ago
The crypto bear market had largely been brought about by the crash of various lending platforms. Crypto lending firms such as Voyager Digital and Celsius had quickly gone into bankruptcy after being unable to keep up with the market decline. Others,...
Cryptocoins News / CoinJournal - 1 year ago
Nexo price jumped to the highest level since June as the bullish momentum accelerated. The coin rose to a high of $1.2133, which was about 120% above the lowest level in August. As a result, its total market cap jumped to over $620 million.
Nexo buyb...
Cryptocoins News / Blockchain - 1 year ago
Crypto lending platform Nexo has approved periodic repurchases of its NEXO token for up to $50 million. (Read More)
Cryptocoins News / CoinJournal - 1 year ago
Nexo’s native token NEXO jumped more than 8% as the company announced an additional repurchase plan worth $50 million.
The repurchase starts immediately and will continue over the next six months.
Nexo completed a $100 million buyback program,...
Cryptocoins News / The Cointelegraph - 1 year ago
The Bitcoin lender has sought advice from Citigroup on how to acquire distressed crypto firms amid the bear market. Crypto lending platform Nexo has increased the s...
Cryptocoins News / CoinJournal - 1 year ago
NEXO is the best-performing cryptocurrency among the top 100 coins and tokens in the last 24 hours.
NEXO, the native token of the Nexo platform, is the best performer amongst the top 100 cryptocurrencies by market cap today. The coin has added more...