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.”
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Nexo Wants to Buy Qualifying Assets of Celsius Network After Withdrawal Freeze
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…
Is This Crypto Lending Company Any Good? Part 1
This article is the first in a series of how-to guides examining the CeFi lending landscape. Four of the top crypto lending companies, Celsius, Nexo, Crypto.com, and BlockFi, will be...
2 key metrics point toward further downside for the entire crypto market
Futures data and decreased demand for Tether signal that the crypto market is set for another round of pain.
Biggest Movers: NEXO up Nearly 50% After Binance Listing, While TRON Climbs to 1-Week High
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…
Crypto Lender Nexo Terminates Interest Payments on New Deposits From US Clients
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 Launches NFT Lending Desk, Loans up to 20% for Popular NFTs
On December 16, the blockchain-based lending platform Nexo announced the firm has launched a non-fungible token (NFT) lending desk. While the company offered crypto-backed loans using tokens like bitcoin and…