Platform for instant crypto loans lowers borrowing rates on its credit line service after having secured long-term cost-efficient financing. In a press release published Oct. 22, Nexo announced that ...

Crypto lending protocol Nexo is allocating 10 million NEXO tokens, worth $12.5 million at the time of publication, to its users. “Stack points, multiply your gains, and unlock more surprises,” Nexo ...

The Consumer Financial Protection Bureau (“CFPB”) recently issued an order (“Order”) denying a request by Nexo Financial LLC (“Nexo”), a cryptocurrency lender, to halt the CFPB’s investigation into ...

Cryptocurrency exchange provider Nexo, which specializes in borrowing and lending digital assets such as Bitcoin, Ethereum and stablecoins, said Tuesday that it has teamed up with Fidelity Investments ...

Decentralized finance (defi) is continuing to make strong inroads on the traditional banking sector as demand for crypto-based lending and borrowing services soars. In another positive development for ...

ZUG, Switzerland and GRAND CAYMAN, Cayman Islands, April 5, 2018 /PRNewswire/ -- Worldwide Asset eXchange™ (WAX) today announced the ability to use WAX Tokens as collateral for instant access to cash ...

U.S. securities regulators on Thursday charged Nexo Capital Inc. with failing to register the offer and sale of its retail crypto asset lending product. To settle Securities and Exchange Commission ...

On January 26, 2022, the California Department of Financial Protection and Innovation (DFPI) announced its participation in a $22.5 million multi-state settlement with Nexo Capital Inc. (Nexo) ...

Cryptocurrency lending firm Nexo was fined $45 million for violating federal securities law, the Securities and Exchange Commission announced Thursday, the latest in a string of enforcement actions ...

Cryptocurrency lender Nexo will work with Fidelity Digital Assets to provide products to and infrastructure for institutional investors, Nexo announced Tuesday. Institutional investors who use ...

Nexo seeks to acquire its arch rival Vauld Vauld on Monday suspended withdrawals on its platform, citing heavy withdrawals since June 12 Next: Access Our New, Shockingly Simple 'Alert System' Crypto ...

Cryptocurrency lending platform Nexo expressed interest in buying certain assets from rival Celsius after the lending platform said it was freezing withdrawals and transfers because of extreme market ...