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Leading cryptocurrency lender Nexo has offered to buy distressed competitor Vauld, which halted operations in the face of financial difficulties. The proposal comes after the Singapore-based company said it was…
The leading cryptocurrency lender – Nexo – is looking to purchase the Singaporean digital asset exchange – Vauld. According to a document shared with CryptoPotato, Nexo and Vauld signed a…
Vauld is one of several crypto lending firms facing insolvency issues due to the crypto market downturn. Nexo Looks to Acquire Vauld Nexo is making plans to acquire Vauld. In...
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…
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…
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…
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…
The crypto lender Nexo sent an official letter of intent to Celsius today, offering to buy some or all of its collateralized loan assets to secure sufficient liquidity for its...
Nexo platform could rescue Celsius' customers after “what appears to be the insolvency of the Celsius Network.”
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…