Crypto lender Vauld granted three-month protection from creditors
Vauld's parent company Defi Payments Ltd says the moratorium granted on Monday will give it the necessary breathing room to form a restructuring plan.
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Crypto Lender Nexo Moves Forward With Plan to Acquire Troubled Rival Vauld
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…
Nexo Might Acquire Distressed Crypto Lender Vauld
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…
Nexo Taking Steps to Acquire Distressed Crypto Lender Vauld
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...
Twitter User Accuses Nexo of Embezzlement Through Charity, Crypto Lender Denies Allegations
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…
Nexo Issues Cease and Desist Notice to Anonymous Twitter User Over Recent Allegations
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…
Nexo Taps Citibank for Assistance on Potential Acquisitions as Crypto Markets Struggle
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…
Celsius Insolvency Rumors Swirl After Company Pauses Withdrawals, Nexo Offers to Buy Firm’s Assets
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…
Nexo Circles Celsius for Potential Loan Asset Buyout
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 offers to buy out Celsius’ loans amid withdrawal suspension
Nexo platform could rescue Celsius' customers after “what appears to be the insolvency of the Celsius Network.”