Nexo Safeguarded User Funds From FTX, but the Platform is Doing Something Unusual
Nexo, the lending platform, withdrew $219 million from FTX before it paused withdrawals and went insolvent. But there is something unusual taking place.
Nexo dodges $219M bullet just days before FTX’s solvency crisis
The firm withdrew its remaining balance from FTX at the eleventh hour, and topped weekly fund outflows from the troubled exchange.
Fears grow over new wave of CeFi bankruptcies: Nexo distances itself from FTX
As the saga of FTX’s utter collapse continues, Nexo tweeted that its exposure is zero following the recent withdrawal of its total balance held with the troubled exchange. The post…
Is Nexo safe?
The crypto market has had a tough ride this year with bears dominating the crypto winter. Before we explore whether the Nexo platform is safe, we need to do a…
Nexo-backed NFT technology provider, MetaQuants, launches real-time appraisal algorithm for NFTs
In a bid to facilitate real-time collateral appraisal for NFTs, marketplace, and wallet analytics, Nexo-backed MetaQuants, a provider of NFT solutions, has unveiled its algorithm product. The alpha version of…
Nexo’s MetaQuants launches cutting-edge NFT pricing algorithm
MetaQuants, an NFT technology provider backed by Nexo, has launched a real-time appraisal algorithm for non-fungible tokens (NFTs), Invezz learned from a press release. The platform has optimized the alpha…
Nexo (NEXO) Price Prediction 2022, 2023, 2024, 2025 – Is NEXO Going To Beat The $5 Price Target?
Digital currencies have expanded and gained enormous popularity over the past years. The sector has developed, gotten wiser, and prospered. Among several other aspects, the accessibility and versatility of cryptocurrencies…
New York’s Leticia James Sues Crypto Firm Nexo
Leticia James – New York’s attorney general – is joining several other states in a class-action lawsuit against cryptocurrency firms Nexo Inc. and Nexo Capital Inc. for allegedly lying to…
Nexo once again extends due diligence period on potential Vauld deal
Nexo has once again extended its exclusive due diligence period on potential Vauld deal. A source tells The Block that Nexo is “cautiously optimistic” about the deal. The post Nexo…
Nexo integrates enterprise-grade NFT indexer Zash
Zash, an enterprise-grade NFT indexer, has announced a partnership with Nexo. The post Nexo integrates enterprise-grade NFT indexer Zash appeared first on CryptoSlate.
