-
Is Bitcoin Getting Its Own Emoji? Major Crypto Push Aims For 50,000 Endorsements
Tuesday, April 2, 2024 - 7:12pm | 489A major push for a dedicated Bitcoin (CRYPTO: BTC) emoji gained significant traction in the cryptocurrency community. What Happened: This collective effort, known as the Bitcoin Deserves an Emoji campaign, has already garnered significant traction, with 10,000 individuals endorsing the initiative...
-
Crypto Lender Nexo Sues Bulgaria For $3B Over 'Politically Motivated' Investigation, Office Raid
Wednesday, January 24, 2024 - 1:26pm | 422Crypto lender Nexo AG on Wednesday said it filed a lawsuit against the Republic of Bulgaria for more than $3 billion for "wrongful and politically motivated actions" against its employees. The lawsuit, filed at the International Centre for Settlement of Investment...
-
Nexo Unveils World's First Dual Mode Crypto Mastercard
Saturday, September 2, 2023 - 2:45pm | 666Nexo, a prominent institution in the digital assets realm, has unveiled a groundbreaking Dual Mode capability for its signature Nexo Card. This feature, a first of its kind, offers both debit and credit functionalities. Launched in collaboration with Mastercard and DiPocket in 2022, the Nexo Card...
-
Ethereum In Turmoil As New York AG Says Crypto Is A Security: Bitcoin, ETH Nosedive
Thursday, March 9, 2023 - 6:47pm | 566New York Attorney General Letitia James filed a lawsuit Thursday against KuCoin, a virtual currency trading platform, for allegedly operating without proper licensure and registration as a securities and commodities broker-dealer. The lawsuit argues that Ether (CRYPTO: ETH), one of the largest...
-
Nexo Makes Final Pitch To Vauld: 'This Deal Isn't Over, Advisor Misrepresented Us'
Tuesday, December 27, 2022 - 11:35am | 425Cryptocurrency company Nexo has sent an open letter to Vauld's creditors, stating that the potential deal between the two companies is not yet over. The letter, dated Monday, Dec. 26, includes Nexo's final proposal to Vauld with some amendments to its earlier proposal. Nexo claims that...
-
Vauld Pulls Plug On Potential Acquisition Deal With Nexo After 5 Months Of Negotiations: Report
Monday, December 26, 2022 - 10:49pm | 379Cryptocurrency lender Vauld has officially canceled its potential acquisition by rival Nexo — a transaction that was initially announced five months ago. After the initial agreement to explore the merger and less than a month before the Singapore-based Vauld had to present a restructuring...
-
This Token Tops Intraday Gains Just Days After US Exit Over FTX-Triggered Uncertainty
Thursday, December 8, 2022 - 2:45am | 455Just a few days after Nexo declared their departure from the U.S. due to regulatory ambiguities, the NEXO native (CRYPTO: NEXO) token surged by 2.75%, topping intraday gains. What Happened: The rise can be attributed to NEXO announcing Ethereum (CRYPTO: ETH) smart staking. Smart Staking is...
-
Crypto Lending Giant Nexo To Suspend U.S. Operations
Monday, December 5, 2022 - 4:15pm | 354On Dec 5, crypto lender Nexo announced that it would discontinue operations in the United States within the next few months. The company specifically mentioned that it would immediately cut off access to its "Earn Interest Product" in eight U.S. states and is no longer allowing new...
-
Crypto Lender Nexo Stays Ahead of Regulators With Minority Stake In Summit National Bank
Wednesday, September 28, 2022 - 4:38pm | 540Crypto lender Nexo recently acquired a minority stake in Summit National Bank. It's a traditional U.S. federal bank regulated by the Office of the Comptroller of the Currency, like all U.S. banks. This move will help it expand its ability to serve the U.S. market, allowing Nexo to offer...
-
Nexo Seeks To Acquire Beleaguered Crypto Lending Firm Vauld: What You Need To Know
Tuesday, July 5, 2022 - 10:49am | 389Crypto lender Nexo on Tuesday announced it has signed an indicative term sheet with its rival Vauld to acquire a 100% stake in the company. The agreement grants Nexo a 60-day exclusive exploratory period related to its intended acquisition of Vauld, pending a satisfactory outcome of the due...
-
The TIE Secures $9M Funding Round At $100M Valuation
Wednesday, March 23, 2022 - 8:46am | 256The TIE announced the closure of a $9 million strategic Series A led by Blizzard, an Avalanche-focused venture capital fund. Participants in the raise includes executives at GoldenTree Asset Management, Nexo, NYDIG, Hudson River Trading, Gemini Frontier Fund, Republic Capital, and more. The...
-
These 4 Coins Struck Bigger Gains Than Shiba Inu Past Week
Monday, October 25, 2021 - 8:30am | 846Shiba Inu (CRYPTO: SHIB) soared over the weekend, touching an all-time high of $0.00004442. The meme cryptocurrency clocked impressive gains last seven days buoyed by the buzz around a potential listing on Robinhood Markets Inc (NASDAQ: HOOD). On Sunday, in response to a Benzinga article,...
-
EXCLUSIVE: This Innovative Digital Finance Company Just Crossed The 2M User Mark — What's Next For Nexo?
Wednesday, September 1, 2021 - 11:03am | 508Nexo is a lending institution in the digital finance industry focused on bringing professional financial services to the world of digital assets. Crypto is the place to be right now, Nexo co-founder and managing partner Antoni Trenchev said Tuesday at the Benzinga Crypto...
-
Fintech Focus For June 24, 2021
Wednesday, June 23, 2021 - 6:01pm | 2260Quote To Start The Day: “Our enemies are innovative and resourceful, and so are we. They never stop thinking about new ways to harm our country and our people, and neither do we.” Source: President George W. Bush One Big Thing In Fintech: The COVID-19 pandemic accelerated acceptance of...
-
What's Happening With Chilliz, Uniswap, Dogecoin, Stacks, XRP, Nexo Cryptocurrencies Today?
Tuesday, April 13, 2021 - 3:47am | 1224While Bitcoin (BTC) once again approaches the highs it touched last month, some other coins are even more buoyant over 24 hours, including Chilliz (CHZ), Uniswap (UNI), Dogecoin (DOGE), Stacks (STX), XRP (XRP), and Nexo (NEXO) cryptocurrencies. CHZ: The token for a blockchain aimed at...