Tag Archives: nexo

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Burdened by regulatory pressures, crypto lending firm Nexo has given up on continuing to operate within the United States. The company announced on Monday that it would begin phasing out its products and services from the country over the coming months.  Regulatory Roadblock According to Nexo, the firm has engaged in “good-faith dialogue” with the US state and federal regulators for the past 18 months. Despite this, Nexo no longer believes that such bodies can be negotiated...

Leticia James – New York’s attorney general – is joining several other states in a class-action lawsuit against cryptocurrency firms Nexo Inc. and Nexo Capital Inc. for allegedly lying to clients about their registration statuses. Leticia James Wants to Get Nexo in Court Should James and the remaining states win the lawsuit, it would require that both Nexo companies forfeit whatever profits they likely made over the past several years. The subject of the lawsuit involves...

Leading cryptocurrency lender Nexo has acquired a stake in Hulett Bancorp (DBA Mode Eleven) and its subsidiary federally chartered bank Summit National Bank, regulated under the US Office of the Comptroller of the Currency.  The deal will allow the crypto lender, which has around $4 billion in assets under management, to further scale its financial product offerings across the US crypto market and strengthen its foothold in the region.  Nexo to Offer Crypto Services to US...

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 not believe it will help Ether surpass Bitcoin as the most dominant digital asset. The executive also expects ETH’s price to surge when people realize the benefits of the transition to Proof-of-Stake (PoS), but not immediately after it occurs. Bitcoin Will Stay at the Top...

Cryptocurrency exchange Nexo announced this Aug. 30 the allocation of another $50 million to execute discretionary and periodic buybacks of its NEXO token on the open market. According to the company’s statement, this would be the second time the exchange has invested money in repurchasing its tokens this year. The first time was in May when they announced the repurchase of $100 million in NEXO tokens. Nexo Wants to Demonstrate its Liquidity Antoni Trenchev, co-founder and...

NEXO Token: So günstig wie noch nie. Immer tiefer fallen aktuell die Kurse der digitalen Währungen. So verliert auch das Token der Plattform Nexo immer mehr an Wert. Am 13. Juni gab es nun einen erneuten Kurseinbruch bis auf ein Allzeittief. Der Kursrückgang in Zahlen Stand der Kurs des NEXO Ende April noch bei 2,65 Euro, pendelte er sich Mitte Mai nach dem Crash des Terra Luna um die 1,20 Euro ein. Nach einer langen Seitwärtsbewegung kam es am 13....

25 US-Dollar geschenkt: NEXO Wer in Bitcoin investiert, der kann vom Kursanstieg der Kryptowährung profitieren. Wie wäre es aber noch zusätzlich Zinsen ausgezahlt zu bekommen? Bei Nexo sind bis zu 18 % zu erzielen. Risiken können jedoch nicht ganz ausgeschlossen werden. Nexo: Zinsen auf das Bitcoin Invest Die Firma Nexo operiert seit April 2018 fast wie eine Bitcoin Börse, auf der man Kryptos kaufen und verkaufen kann. Der Clou ist jedoch, dass es...

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