Nexo

Crypto Lenders Say Wednesday’s Crypto Crash Cleaned Up ‘Excessive Leverage’

Several lenders were preparing for the correction.

Business  ·  20 May 2021

Nexo Grants $150K to Brink for Open-Source Bitcoin Development

Nexo’s contribution is the latest in a slew of grants to Bitcoin developers who typically work as volunteers.

Tech  ·  11 March 2021
Exchanges

Crypto Lender Nexo Adds Exchange Service to Its Mobile App

Nexo's new service provides more than 75 cryptocurrency and fiat currency pairs for trading.

Markets  ·  1 February 2021
Crypto Lending

Crypto Lender Nexo to Enter Prime Broker Race, Enlists Chainlink for Audits

Nexo is preparing to enter the prime brokerage space with Chainlink-powered audits that will bring more transparency to its operations.

Business  ·  8 July 2020
MakerDAO

Why $4M Dai Made From WBTC Matters for DeFi’s Maturation

Crypto lender Nexo minted $4 million in dai on MakerDAO using synthetic bitcoin token WBTC as collateral. Here's why that matters.

Tech  ·  20 May 2020
Crypto Lending

$100M+ in Margin Calls: Crypto Lenders Demand Collateral as Market Buckles

“As of five minutes ago, everyone who needed to post collateral has,” Genesis CEO Michael Moro said Friday afternoon.

Business  ·  13 March 2020
Arrington XRP Capital

Nexo Launches a Debit Card That Lets You Not Spend Your Crypto

Arrington XRP Capital-backed financial startup Nexo unveiled a crypto card that lets users “spend the value of their crypto without actually spending it."

Markets  ·  2 August 2019
BitGo

Arrington-Backed Startup Launches Crypto-for-Cash Credit Platform

A crypto lending startup backed by TechCrunch founder Michael Arrington launched a U.S. dollar credit platform on Monday.

Business  ·  30 April 2018