The crypto market has been battered this year, with nearly $2 trillion wiped off its value since its peak. Jonathan Raa | Nurphoto | Getty Images Cryptocurrency lender Nexo on Tuesday announced it has...
Tag: Nexo
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 part of its ongoing investigation of companies of...
Crypto Lender Nexo Hit With Enforcement Actions From Eight States
State securities regulators in California and several other states took action against Nexo Group, the parent company of crypto lender Nexo, on Monday, calling the company’s Earn Interest Product an u...
California’s Financial Regulator Probes Nexo Over Crypto Interest Accounts Services
The California Department of Financial Protection and Innovation (DFPI) announced on Monday that it is joining forces with seven unmentioned state securities regulatory bodies to take action against t...
California Regulators Order Nexo to Stop Crypto Interest Accounts
Cryptocurrency lender Nexo has come under fire from California regulators and seven other US state securities watchdogs for its unregistered crypto interest account program, which the authorities clas...
Eight States Filed Lawsuit Against Crypto Lender Nexo –
2 hours ago | 2 mins read Editors News Similar lawsuits have been filed against Nexo in Kentucky, Vermont, South Carolina, and Maryland. Similar law enforcement actions were taken against Celsius in 2...
California issues cease, refrain order to Nexo over offering clients an Earn Interest Product
Nexo revealed that it stopped onboarding new U.S. clients to its Earn Interest Product in February 2022 after financial regulators in eight states initiated legal actions against it. According to the ...
California Hits Nexo With Cease and Desist Notice
The California Department of Financial Protection (DFPI) has issued a cease and desist order against crypto lender Nexo Group for offering yield-bearing accounts. According to the DFPI, Nexo has offer...
Nexo Hit With Cease and Desist Orders From Eight U.S. States
Key Takeaways Eight U.S. state regulators have issued cease and desist orders or similar charges against the crypto lender Nexo. Those regulators consider Nexo’s Earn Interest Product, which off...
More Than a Half Dozen US Securities Regulators File Actions Against Crypto Lender Nexo – Regulation Bitcoin News
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 securitie...
California Regulator Files Desist and Refrain Order Against Nexo
More than 18,000 California residents had Nexo interest accounts as of July 31, the California regulator alleges DFPI has issued similar actions against BlockFi, Voyager Digital and Celsius Network Ca...
Moshnake, Cardano, and Nexo: Less than One-dollar Crypto Assets to Consider for the Long-term
With the current crypto market condition, long-term crypto assets purchase could be a smart investment move. Most crypto assets have suffered a great price decline, but the track record of the crypto ...
Bitcoin, Ethereum, Nexo, and Dash Daily Price Analyses – 19 September Roundup
The global crypto market saw a positive turn as the events turned favorable. The recent changes in the market show that Bitcoin and Ethereum have improved significantly. Also, the value of other coins...
Uniglo (GLO) Beats Volatile Markets With 30% Price Gain Compared To Nexo (NEXO) And 1inch Network (1INCH)
Uniglo (GLO) has been one of the best-performing assets in the past month, despite the volatility in the markets. The price of GLO has increased by 35% compared to Nexo (NEXO) and 1inch Network (1INCH...
Ethereum (ETH) Is Now ‘Prime Time-Ready’ for Institutional Investors, According to Nexo Co-Founder – Here’s Why
The co-founder and managing partner of crypto lender Nexo, Antony Trenchev, is saying that large institutions are now more likely to invest in Ethereum (ETH) after the crypto asset’s transition to a p...
Ethereum Will Not Flip Bitcoin After the Merge: Nexo Co-Founder
According to Antoni Trenchev – Co-Founder of the cryptocurrency lending platform Nexo – Ethereum’s Merge is “the most significant thing” that has happened in the protocol’s history. However, he does n...
It’s too soon to write off Bitcoin after the Merge, says Nexo founder
After the rollout of the Ethereum (ETH) Merge upgrade, a section of the cryptocurrency market has suggested that the second-ranked digital asset by market capitalization might flip Bitcoin (BTC). Amid...
Axie Infinity, Big Eyes Coin, And Nexo: Cryptocurrencies With The Potential To Do 100X In The Coming Months
– Advertisement – Price increase is the ultimate joy for crypto market players apart from the utility most crypto assets have. However, determining the next cryptocurrency to increase in p...
Price Prediction for September 9: NEXO, CHZ, LEO, XEC, and FTM
The cryptocurrencies are in a sideways move as the altcoins fail to break their overhead resistance levels. The weakest altcoins for the week risk further decline if the cryptos face rejection at the ...
Nexo Introduces Spot and Margin Trading Platform
Nexo Pro will aggregate liquidity across market Nexo has managed to survive this year’s crypto winter Lending platform already features a “swap” function Digital money bank Nexo has ...
Nexo launches NEXO Pro for retail clients, will this affect the token’s price?
In the latest cryptocurrency news surrounding Nexo, the platform has now released Nexo Pro for traders. This is the latest move in a succession of forward steps for the Nexo team, who recently offered...
Nexo Pro launches to offer industrial-level service to individual users
Digital asset exchange platform Nexo has launched its new platform, Nexo Pro, which is designed to bring industrial-level trading functions to the use of individual users. After analyzing the market a...
Bitcoin, Binance Coin, Nexo, and Stacks Daily Price Analyses – 6 September Morning Price Prediction
The performance of the global crypto market has continued to improve. The recent hours proved favorable for Bitcoin, Binance Coin, and others. As the influx of capital continued, the market saw an enh...
Nexo Pumps 14% – NEXO Adds $50M to Buyback Program
Join Our Telegram channel to stay up to date on breaking news coverage Nexo (NEXO) coin has maintained its bullish rally and is currently trading well above the $1.10 mark. The Nexo (NEXO) coin reache...
Bitcoin, Ethereum, Neo, and Nexo Daily Price Analyses – 2 September Roundup
The global crypto market has seen a change in performance as it couldn’t retain gains. The recent data shows that the market has turned red again. As the losses continue, the market will be affected a...
Nexo allocates an additional $50M to the token buyback initiative
Join Our Telegram channel to stay up to date on breaking news coverage The Nexo cryptocurrency exchange issued an announcement on August 30 saying that it has allocated an additional $50 million to co...
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 sensitive information on various crypto companies...
Nexo Injects Additional $50 Million to Third Buyback Program – crypto.news
Cryptocurrency lending platform Nexo has injected more funds into its buyback program, which will enable the company to discretionary and periodically repurchase its native token, NEXO. New Repurchas...
Nexo Begins Its Third Bull Run; How Long Will It Sustain?
NEXO blockchain was created with the unique idea of collateralizing crypto holdings into fiat-based loans. Since many of these loans are offered at an interest rate, people can take advantage of their...
Nexo Pumps 9% – NEXO Booster & Ethereum Merge in Focus
Join Our Telegram channel to stay up to date on breaking news coverage NEXO pumps 9% and can extend its previous gains and gain additional positive traction around the $1.04 level. The reason, however...
Crypto Lender Nexo Commits Another $50 Million to NEXO Token Buyback Program
Cryptocurrency lender Nexo has allocated another $50 million to the buyback program of its native token, NEXO. Shortly after the company announced its decision to spend more money on repurchasing NEXO...
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 token to boost interest payments or make strategic in...