David McNickel

Nexo Sift Post

Nexo Ups Security & User Experience with Sift Partnership

The Nexo collaboration with Sift aims to safeguard digital assets, identify fraud, and streamline transactions on the Nexo platform. Nexo has announced a strategic partnership with Sift, a digital trust and safety company. This collaboration aims to enhance Nexo’s security measures and streamline the user experience across its platform. To bolster its defense against fraudulent […]

Nexo Ups Security & User Experience with Sift Partnership Read More »

Sui Blockchain

Sui Blockchain Sees Unprecedented $310 Million Inflow from Ethereum, Solidifying Its Position in DeFi

Assets worth nearly $310 million have migrated from Ethereum to Sui in the last month, signaling growing interest in Sui’s innovative blockchain technology and its burgeoning DeFi ecosystem. Wormhole data reveals a significant migration of funds from Ethereum to Sui, totaling nearly $310 million over the past month, marking a pivotal moment for the Layer

Sui Blockchain Sees Unprecedented $310 Million Inflow from Ethereum, Solidifying Its Position in DeFi Read More »

Celsius Bankruptcy Banner

Celsius Out Of Bankruptcy, Begins Distributing Funds – Client Receives 32% Refund

Celsius says it has exited bankruptcy on January 31st and has begun distributing over $3 billion in cryptocurrency and fiat to account holders and other creditors. PayPal and Coinbase will act as distribution partners as there will be no distributions from the Celsius app. The restructuring plan, receiving overwhelming support from about 98% of Celsius’

Celsius Out Of Bankruptcy, Begins Distributing Funds – Client Receives 32% Refund Read More »

Blockchain Music

Investment Watch: Blockchain and the Music Industry – Harder Than It Looks

The music industry, with its digital distribution, extensive data tracking, and universal appeal, seems an ideal candidate for blockchain disruption. So how is it shaping up? Blockchain’s journey to significantly transform any industry, has been slower and more complex than anticipated. Despite all its promise, it hasn’t made a dent in the real estate sector,

Investment Watch: Blockchain and the Music Industry – Harder Than It Looks Read More »

Nebeus

Nebeus Launches €250 Million Crypto-Backed Loan Program

In a significant move within the cryptocurrency loan sector, Nebeus has announced the launch of its new crypto-backed loan program, injecting €250 million in liquidity. Nebeus says the program is designed to cater to both individual and corporate clients and will offer competitive low-interest rates, allowing users to leverage their cryptocurrency assets for tangible financial

Nebeus Launches €250 Million Crypto-Backed Loan Program Read More »

Nexo Bulgaria

Nexo Hits Back Against Bulgarian Government

Nexo seeks $3 billion in damages from Bulgaria in ICSID arbitration after Bulgarian prosecutors dropped all charges in a case against the company that marred its activities for most of last year.   Nexo AG, along with its subsidiaries, has launched a $3 billion arbitration claim against the Republic of Bulgaria, alleging wrongful and politically motivated

Nexo Hits Back Against Bulgarian Government Read More »

Crypto Earn

The Crypto ‘Earn’ Sector Is Under Siege in the United States

Crypto ‘earn’ products are retreating from the US as numerous agencies and states take action against the platforms offering yield on cryptocurrency staking, lending and borrowing. The future of the crypto ‘Earn’ sector in the United States seems to be at a crossroads. With regulatory bodies taking an increasingly aggressive stance, crypto platforms are having

The Crypto ‘Earn’ Sector Is Under Siege in the United States Read More »