Generating a yield on crypto is increasingly tricky. The Terra ecosystem implosion — where up to $50 billion was wiped out — led to a decline in decentralized finance (DeFi) protocols offering ...
Cryptocurrency lender Nexo has agreed to pay $45M in regulatory penalties for failing to register the offer and sale of one of its retail crypto asset lending products, the U.S. Securities and ...
Digital asset firm Nexo Capital Inc. will pay $45 million in penalties to U.S. federal and state regulators over allegations that it broke securities rules by offering a crypto lending product. The ...
BlockFi, another large crypto lending and yield platform, has issued a statement that all things are operating normally on their platform – a clear reference to the temporary halt of withdrawals on ...
It’s the latest cryptocurrency company to draw scrutiny from regulators, whose efforts to rein in the industry have intensified after the collapse of FTX. By David Yaffe-Bellany The cryptocurrency ...
Posts from this topic will be added to your daily email digest and your homepage feed. An SEC order claims that the company’s EIP was an unregistered security. Nexo has agreed to pay, but has not ...
August was another rough month for cryptocurrency prices. Market leader Bitcoin (BTC) lost almost 17%, slipping below the $20,000 mark on more than one occasion. Ethereum (ETH) fell by almost 11%, ...
Cryptocurrency lending firm Nexo was fined $45 million for violating federal securities law, the Securities and Exchange Commission announced Thursday, the latest in a string of enforcement actions ...
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