Nexo Capital to Pay $45 Million in Penalties
Due to Nexo Capital's failure to register the offer and sale of its Earn Interest Product, the United States Securities and Exchange Commission (SEC) and the North American Securities Administrators…
Bulgarian Authorities Accuse Four Persons After Nexo Office Raid
Reports indicate that after the execution of a search warrant at the offices of the cryptocurrency lender Nexo in Sofia, the capital city of Bulgaria, four persons have been charged…
“Insolvency, Bankruptcy is Nowhere in Nexo’s reality”: Co-Founders
Speculations about crypto lender Nexo heading towards bankruptcy were squashed by the company's top-ranking members. In an ‘Ask-Me-Anything’ YouTube video on Tuesday co-founders of Nexo, Antoni Trenchev and Kalin Metodiev…
Nexo Allocates Additional $50M to Long-standing Token Buyback Initiative
Switzerland-based crypto lending firm Nexo announced on Tuesday that it approved an additional $50 million for its token buyback program. The development follows the previous $100 million Buyback which Nexo…
Nexo Offers to Acquire Vauld Group after Celsius's Cold Treatment
Nexo’s plan to buy a cryptocurrency lender may be coming to fruition as the company has shown interest in acquiring Vauld Group. This development comes after Vauld Group announced earlier this…
Nexo Hires Citigroup to Advise on Potential Acquisitions
Nexo, a crypto lending platform based in Switzerland, announced on Wednesday that it has tapped Citigroup to advise it on the potential acquisition of other crypto firms hit by the…
Three Worst Hit Altcoins by the Current Market Onslaught: ETH, NEXO, and XMR
While there is a growing bullish trend in the digital currency ecosystem across the board at the time of writing, the industry is notably not exhibiting a sign of persistent…
Nexo Launches Crypto-Backed Credit Cards in Europe in Partnership With Mastercard
Digital assets platform Nexo has inked a deal with Mastercard and DiPocket to launch crypto cards that will allow its customers in Europe to spend digital currencies without touching their…