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Nexo (#NEXO) News and Headlines

June 28, 6:30 pm

Twitter User Accuses Nexo of Embezzlement Through Charity, Crypto Lender...
A Twitter account has accused the Bulgarian co-founders of the Swiss-based cryptocurrency lender Nexo of misappropriating funds from a charity platform. The company has rejected the allegations in the anonymous attack, which comes after Nexo offered a buyout deal to troubled rival Celsius.Anonymous Allegations Against Co-Founders Circulated on Soci... read More

June 27, 10:28 am

Nexo Issues Cease and Desist Notice to Anonymous Twitter User Over Recen...
Crypto lender Nexo released a blog post to clarify what it considers the recent comments made by a pseudonymous Twitter user 'Otteroooo' to be 'a slate of ludicrous allegations.' 'Untrue and Defamatory' Nexo said it will use any legally available means against the 'defamatory' statements and false allegations' shared by certain Twitter accounts. It... read More

June 23, 10:44 am

Nexo Taps Citibank for Assistance on Potential Acquisitions as Crypto Ma...
The current bear market has left many crypto-related businesses reeling. Between the Luna fiasco and assets dropping close to levels not seen in 2 years, crypto mainstays are struggling to stay afloat – either by freezing hiring, cutting staff loose altogether, or freezing exchanges and withdrawals 'to protect consumers.' However, not all com... read More

June 13, 2:00 pm

Celsius Insolvency Rumors Swirl After Company Pauses Withdrawals, Nexo O...
On Monday, June 13, 2022, the crypto economy dropped below the $1 trillion region, as a great majority of crypto assets have lost between 10% to 25% during the last 24 hours. Meanwhile, the crypto community has been discussing the cryptocurrency lending application Celsius as rumors of insolvency have been swirling. On June 12, around 10:10 p.m. (E... read More

June 13, 8:52 am

Nexo Wants to Buy Qualifying Assets of Celsius Network After Withdrawal ...
Earlier today, Celsius Network halted all withdrawals, swaps, and transfers between accounts of its users, citing extreme market conditions. Now, rival crypto-lending company Nexo extends a letter of intent to buy all qualifying assets of the company. As CryptoPotato reported earlier today, one of the leading cryptocurrency lenders - Cel... read More

April 29, 2:45 pm

Biggest Movers: NEXO up Nearly 50% After Binance Listing, While TRON Cli...
NEXO was up by nearly 50% on Friday, as markets reacted to the news that Binance was listing the token on its platform. Today's surge sent NEXO to a multi-week high, while TRON also moved higher, hitting a one week peak. NEXO Two weeks after announcing a partnership with Mastercard to launch the world's first 'crypto-backed' payment card, NEXO toda... read More

April 29, 8:43 am

Bitcoin Rejected at $40K, Nexo Soars 15% on Binance Listing (Market Watc...
Bitcoin tried its hand at $40,000 yesterday but was quickly stopped in its tracks and now sits below it. ApeCoin went on to register yet another all-time high amid the growing anticipation for Otherside, while Nexo soared by double digits following a listing on the world’s largest crypto exchange. Bitcoin Stopped at $40K The enhanced volatili... read More

April 13, 9:30 pm

Nexo Teams up With Mastercard to Introduce Crypto Card
The digital asset platform, which offers crypto-backed loans – Nexo – partnered with Mastercard and DiPocket to launch the first cryptocurrency card in Europe that enables customers to spend without selling their holdings. By collaborating with the payment providers, Nexo granted its users access to over 92 million merchant sites worldw... read More

April 06, 10:40 pm

Crypto Lender Nexo Unveils Digital Asset Prime Brokerage Unit
Dubbed Nexo Prime, the proprietary prime brokerage platform will focus on catering to institutional, corporate, and high-net-worth investors. It aims to provide them with all the tools necessary to trade, borrow, lend, and securely store their digital assets in a single product. Digital Asset Prime Brokerage Unit In a press release shared with Cryp... read More

March 29, 1:30 pm

Nexo Integrates ApeCoin (APE) Into its Yield Platform
The cryptocurrency company offering loans and daily digital asset earnings will integrate ApeCoin into its platform. The firm promised a yearly ROI of between 7-12%, depending on the customers' loyalty tier. Nexo Integrates ApeCoin The press release seen by CryptoPotato reads that Nexo wants to capitalize on Yuga Labs' (the entity behind BAYC) futu... read More

March 24, 12:30 am

Nexo Launches a $150 Million Fund to Invest in Web3
Interest in Web3 continues to increase as more companies race to invest in the next big thing. Nexo - a well-known crypto participant - is the latest to jump on the bandwagon. Nexo - a regulated and amongst the leading digital asset service providers - revealed today that they are launching a new fund aimed at investing in Web3-focused projects. T... read More

February 21, 5:30 am

Crypto Lender Nexo Terminates Interest Payments on New Deposits From US ...
Following the U.S. Securities and Exchange Commission (SEC) charging the crypto lending platform Blockfi with failing to register its retail crypto lending product and fining the firm $100 million, the crypto lender Nexo has announced it will no longer allow U.S. citizens to earn interest on new savings wallet top-ups. However, Nexo customers from ... read More

January 20, 11:45 pm

Nexo Tapped Bakkt as its Cryptocurrency Custodian Partner
The cryptocurrency lending platform – Nexo – joined forces with the Nasdaq-listed digital asset company – Bakkt Holdings. As a result, the latter will custody a portion of Nexo’s Bitcoin and Ethereum holdings in the Bakkt Warehouse. Bakkt’s Newest Partnership The Bakkt Warehouse comprises both online (“warm&rdquo... read More

January 05, 2:30 am

Bitcoin’s Price Will Hit $100K by Mid-Year, Nexo Founder Predicts
The co-founder and managing partner of Nexo, a major cryptocurrency lender, has predicted that the price of bitcoin will be $100K by mid-2022. He highlighted 'two simple reasons' why he is bullish about the price of bitcoin this year. Bitcoin Expected to Reach $100K by Mid-Year Antoni Trenchev, the co-founder and managing partner of Nexo, a major c... read More

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