Crypto Lending

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 […]

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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’

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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

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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

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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

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Best Defi Yield Platforms

Best Crypto Yield and Borrowing Platforms

Crypto yield and borrowing platforms fall into two primary categories – decentralized platforms like Compound and AAVE, and centralized platforms like Nexo and YouHodler. Both platform types deal in providing crypto yield as interest for depositors and crypto loans for borrowers. The primary difference between the two is that centralized platforms take a hands-on approach to setting interest

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Locked Account Holders Sell Their FTX, Celsius and BlockFi Accounts

With bankruptcy proceedings for failed crypto platforms likely to take many years, customers with locked funds are moving to sell their accounts in online marketplaces. In what was the first major crypto exchange implosion, the Mt. Gox exchange declared bankruptcy in 2014. Nine years later its account holders still have no confirmed date for a

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