Nexo Agrees to Pay $45 Million to SEC and State Regulators for Unregistered Offering of Earn Interest Product

The cryptocurrency lender, Nexo, has agreed to pay $45 million to the U.S. Securities and Exchange Commission (SEC) and several state regulators after charges were levied against the firm for failing to register the company’s Earn Interest Product (EIP). Nexo detailed that the settlements are on a “no admit, no deny” basis and that the … Read more

Nexo Launches Buyback Program, Commits Initial $12M

PRESS RELEASE. Nexo, the leading regulated digital financial institution with over $2 billion in assets under management, today announced the details of its buyback program. The company’s Board of Directors approved an initial repurchase of $12 million of its NEXO Token on an open-market principle, with the decision coming into force with immediate effect. Part … Read more

Market Update: Top Cryptos Face Strong Resistance Ahead

On January 6, digital currency markets saw decent gains as the entire crypto market capitalization surpassed the $200 billion mark at 3:50 p.m. EST. Since then most cryptocurrencies have tested heavy resistance and a slew of assets are being held back. Moreover, crypto trade volumes have increased significantly and there’s been roughly $83 billion in … Read more

PR: Byzantium Launches All Star Blockchain Event – Top 10 Point of Trust

Ten blockchain colossi in one place Barcelona welcomes quite an unusual blockchain event on October 11th this year. Ambitious Top10 Point of Trust conference revolves around ten companies that have shaped the industry. A panel of eminent speakers will deliver their TED-inspired speeches to an invite-only audience. The post PR: Byzantium Launches All Star Blockchain … Read more