Nexo

Nexo-labeled Wallet Detected Withdrawing Over 7,700 wBTC from MakerDAO

A crypto wallet address labeled Nexo: 0x8fd withdrew 7,758.8 Wrapped Bitcoin (wBTC) from MakerDAO, which is roughly worth $153 million.…

2 years ago

California Regulator Issued Cease And Desist Orders Against 11 Crypto Businesses

The California Department of Financial Protection and Innovation charged almost a dozen cryptocurrency and decentralized finance firms for functioning as…

2 years ago

Nexo Acquired A Stake In Summit National Bank

Nexo, a cryptocurrency lender, has acquired a stake in Summit National Bank, a federal bank in the United States overseen…

2 years ago

Nexo Confirms Not Offer The High-Interest Rate Product 36%

Nexo group has been accused by US State Regulators' Cease & Desist Letters for its new product. However, in the…

2 years ago

Nexo Launches New Trading Platform 50% Off Standard Fees

Cryptocurrency lender Nexo has launched a spot, margin and futures trading platform for retail clients with the launch of Nexo Pro.…

2 years ago

Nexo Spends Another $50 Million On Buyback Program

Cryptocurrency lending platform Nexo continues demonstrating solid financial strength amid the market downturn by enhancing the project's token capabilities. The…

2 years ago

Nexo Sues Former Director Over $7.9M Trading Loss

Crypto lender Nexo is trying to find a way to cover losses from BitMEX accounts that were locked in 2019.…

2 years ago

Vauld Has Disclosed A Shortfall Of $70M In A Letter To Creditors

Troubled crypto lender Vauld has issued a letter to its creditors and disclosed an overall shortfall of around $70 million.…

2 years ago

What is crypto lending and how does it work?

Lending occurs when someone allows another person to borrow something. Money, property, or another asset is given by the lender…

2 years ago

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