Nexo Signs Term Sheet With Vauld for Potential Acquisition: Report
Nexo said it has a 60-day exclusive due diligence period in which to decide if it will acquire up to 100% of Singapore-based Vauld. Source
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Nexo
Nexo responds to accusations of stealing donations, siphoning funds from charity
Cryptocurrency lending platform Nexo has hit back at what it called “fake news” and rumors that its founders were part of a charity embezzlement scandal, saying the claims are untrue and defamatory. It has issued a public cease and desist notice to the originator of the allegations.In a blog post
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Nexo Sends Cease and Desist Letter to Anonymous Twitter Account Accusing It of Embezzlement
Nexo has issued a public cease and desist order to a Twitter account run by someone with the handle 'Otter.' Source
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Nexo Hires Citigroup to Advise on Acquisitions
Nexo is working with banking giant Citigroup (C) as it pursues a consolidation of other crypto lenders hit by the recent market downturn, according to an announcement shared with CryptoX. The company also later announced the information in a blog post. Source
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NEXO Price Drops by 40% In Three Days as Fear From Defi Contagion and Insolvency Crypto Fund Grows
The price of Nexo (NEXO) kept falling on June 15 as crypto lending firms continued to be shaken by the crypto winter season. Nexo was speculated to be related to Three Arrows Capital (3AC), a Dubai-based crypto fund at risk of going insolvent. However, the company has denied the rumors
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DeFi contagion fears and rumors of Celsius and 3AC insolvency could weigh on NEXO price
The price of Nexo (NEXO) continued to fall on June 15 as crypto lending firms continue to be shaken by the falling cryptocurrency market.Meanwhile, Nexo has denied rumors of exposure to Three Arrows Capital (3AC), a Dubai-based crypto fund facing insolvency risks.NEXO price suffers on DeFi contagion fears NEXO, which serves
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Nexo Proposes Celsius Buyout as Rival Halts Withdrawals
Crypto lending platform Nexo said it's preparing an offer to acquire Celsius after the targeted company froze withdrawals and transfers this morning. Source
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Nexo Token Enjoys Short-Lived Rally Upon Binance Listing
Pablo Jódar, financial products manager at STORM Partners, a solution provider for the cryptocurrency space in Europe, said Nexo got a positive tailwind from the recent partnership announcement with Mastercard. The company unveiled a crypto-backed payments card that allows users to spend without having to sell their digital assets and
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New crypto card by Nexo allows users to pay without selling Bitcoin
Major cryptocurrency loan company Nexo has officially launched a crypto-backed Mastercard card enabling users to pay for services with cryptocurrencies like Bitcoin (BTC) without selling their crypto.Nexo has partnered with Mastercard and the peer-to-peer payment startup DiPocket to launch the Nexo Card, a crypto card allowing cardholders to use their
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Nexo Unveils Payment Card Where Users Get to Keep Their Crypto
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