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Nexo(NEXO)

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$1.4417
(-0.05%)
0.00002031 BTC
Market Cap (Rank#119)
$807,372,506
11,374 BTC
Vol 24h
$3,003,616
42.313 BTC
Circulating Supply
560,000,011
Max Supply
1,000,000,000
37 days agocoindesk
Crypto Lender Nexo Secures First Regulatory Victory in Dubai
Nexo, a company offering digital asset services, has won initial approval as a licenced entity in Dubai from the region's Virtual Assets Regulatory Authority (VARA), it announced Tuesday.
77 days agocryptodaily
Nexo Sues Bulgaria for $3 Billion in Damages
Crypto lender Nexo AG and its subsidiaries are suing the Republic of Bulgaria for $3 billion. The claim is for damages and “lost opportunities” caused by Bulgaria’s wrongful investigations into the company and its executives.
78 days agocryptopotato
Nexo Slams $3 Billion Lawsuit Against Bulgaria, Citing Reputational and Financial Damages
While Bulgarian prosecutors dropped all charges against Nexo last December, the company has now filed a $3 billion lawsuit against the country.
79 days agocoindesk
Crypto Lender Nexo Seeking $3B in Damages From Bulgaria
Nexo has accused the country of making "wrongful and politically motivated actions...involving unjustified and oppressive criminal investigations."
110 days agocryptodaily
Bulgaria Closes Investigation Into Nexo Citing Lack Of Evidence
The Bulgarian Prosecutor’s Office has ended its investigation into crypto lender Nexo’s alleged money laundering, stating it did not find any evidence of wrongdoing or criminal activities.
111 days agocryptopotato
After Office Raid, Bulgaria Drops All Charges Against Nexo
Prosecutors found no evidence that Nexo committed tax fraud or money laundering following months of investigations.
111 days agocoindesk
Nexo's Money Laundering Investigation in Bulgaria Closed Due to Lack of Evidence: Report
The Bulgarian Prosecutor's Office reported to have said that it found “no evidence of criminal activity,” adding that “no evidence of tax offenses or computer fraud was found against the defendants, either.”
133 days agocryptodaily
Nexo Integrates Koinly to Deliver Free Tax Calculation for Its Users
Nexo users are awakening to the news that their favorite trading platform has been enhanced by the integration of tax calculation software. While not as exciting as their portfolio pulling a 2x, the integration of Koinly is almost as valuable since it spares crypto investors from all manner of complications come tax submission day.
189 days agocoindesk
Nexo to Phase Out Cashback for UK Exchange and Card Transactions as FCA Rules Approach
Nexo is joining Bybit and Paypal in withdrawing some services from the U.K. in response to incoming promotion rules.
224 days agocryptodaily
Nexo Launches Crypto Mastercard for EEA Citizens
The card supports transactions in Euro, U.S. dollar, and British pound, and stablecoins for over 100 million merchant terminals globally.
224 days agocointelegraph
Nexo launches crypto Mastercard for EEA citizens
The card is only available to citizens of the 30-country European Economic Area.
224 days agocryptopotato
Nexo Taps Mastercard to Launch a Dual Mode Crypto Card
Nexo users can tailor their spending to suit their preferences while accumulating up to 9% yearly interest on their holdings to be paid out daily.
232 days agocoindesk
NEAR Jumps 5% After Nexo Integration, Bucking Market Trend
Also announced was a partnership with startup Tokenproof.
241 day agocryptodaily
Key Cryptocurrencies To Watch Closely – 1inch (1INCH), Nexo (NEXO
There are gems of tokens that have been overshadowed by bigger, well-established tokens. However, we'll be highlighting some of these lesser-known tokens that have shown significant growth potential. They include Nexo (NEXO), Pomerdoge (POMD), and 1inch (1INCH) tokens. Click Here To Find Out More About The Pomerdoge (POMD) Presale Key Cryptocurrencies To Watch Closely – 1inch (1INCH), Nexo(NEXO), and Pomerdoge (POMD) The once bearish trend experienced by the 1inch (1NCH) token has flattened and it is looking set to go on a bullish rally. This is evident in the stats that show that it has seen a slight move towards a positive price action after suffering a 2.45% loss in price value in the last 7 days. 1INCH currently trades at $0.30 with a 24-hour trading volume of $14 million. After falling to an all-time low of $0.25 on June 15, 2023, 1inch is bouncing back at the moment, with the coin gaining 3% in the last 30 days. Crypto price prediction platforms have projected that 1inch could exceed the $0.5 benchmark very soon. Right now, analysts reckon that 1 inch is on the right track to surge in the coming days and weeks. Investors Confident in the Resurgence of Nexo (NEXO) Despite Current Dip in Price Notwithstanding the ongoing declining price action of the Nexo (NEXO) token, investors and analysts are confident that the token will rally anytime soon. For context, It has lost 1.93% in price value in the last 24 hours and trades at $0.63 as of the time of writing. However, the trading volume of Nexo in the last 24 hours shows that the market activity of the token gained 8.88% to see a market return of over $1.90M. A further look at the price chart shows that Nexo is 3.69% better off in price value than it was in the last 30 days and has only lost 0.58% of its price value in the last 7 days. As such, Nexo may well be a shrewd investment option. Most crypto price prediction platforms already predicted that Nexo will hit the $1 benchmark in the year. If the coin breaks the current resistance level, we could witness a rally very soon. Pomerdoge (POMD) Surges As More Investors Buy Into the Presale Pomerdoge (POMD) has been consistently on an upward trajectory since its presale phase started. Pomerdoge is a P2E gaming platform where individuals from around the globe can connect and network with each other while engaging in healthy digital gaming competitions. Currently, Pomerdoge is rewarding presale investors with the chance to exclusively own part of the 7,777 NFTs that'll be minted on the platform. Moreso, presale investors will earn a percentage of the revenue generated from the Pomergame platform - a platform under the Pomerdoge ecosystem. The revenue will be distributed based on the number of POMD tokens users have in their accounts. Anyone can become a presale investor and enjoy these benefits. All you have to do is buy the Pomerdoge tokens now at the price of only $0.008. The Pomerdoge project has been vetted by SolidProof and Cyberscope. The token's liquidity will be locked for life as a security measure for investors' assets. There are concrete reasons to believe in the promising investment opportunity presented by Pomerdoge. Find out more about the Pomerdoge (POMD) Presale Today Website: https://pomerdoge.com/ Telegram Community: https://t.me/pomerdoge Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
241 day agocryptodaily
Key Cryptocurrencies To Watch Closely – 1inch (1INCH), Nexo (NEXO
There are gems of tokens that have been overshadowed by bigger, well-established tokens. However, we'll be highlighting some of these lesser-known tokens that have shown significant growth potential. They include Nexo (NEXO), Pomerdoge (POMD), and 1inch (1INCH) tokens. Click Here To Find Out More About The Pomerdoge (POMD) Presale Key Cryptocurrencies To Watch Closely – 1inch (1INCH), Nexo(NEXO), and Pomerdoge (POMD) The once bearish trend experienced by the 1inch (1NCH) token has flattened and it is looking set to go on a bullish rally. This is evident in the stats that show that it has seen a slight move towards a positive price action after suffering a 2.45% loss in price value in the last 7 days. 1INCH currently trades at $0.30 with a 24-hour trading volume of $14 million. After falling to an all-time low of $0.25 on June 15, 2023, 1inch is bouncing back at the moment, with the coin gaining 3% in the last 30 days. Crypto price prediction platforms have projected that 1inch could exceed the $0.5 benchmark very soon. Right now, analysts reckon that 1 inch is on the right track to surge in the coming days and weeks. Investors Confident in the Resurgence of Nexo (NEXO) Despite Current Dip in Price Notwithstanding the ongoing declining price action of the Nexo (NEXO) token, investors and analysts are confident that the token will rally anytime soon. For context, It has lost 1.93% in price value in the last 24 hours and trades at $0.63 as of the time of writing. However, the trading volume of Nexo in the last 24 hours shows that the market activity of the token gained 8.88% to see a market return of over $1.90M. A further look at the price chart shows that Nexo is 3.69% better off in price value than it was in the last 30 days and has only lost 0.58% of its price value in the last 7 days. As such, Nexo may well be a shrewd investment option. Most crypto price prediction platforms already predicted that Nexo will hit the $1 benchmark in the year. If the coin breaks the current resistance level, we could witness a rally very soon. Pomerdoge (POMD) Surges As More Investors Buy Into the Presale Pomerdoge (POMD) has been consistently on an upward trajectory since its presale phase started. Pomerdoge is a P2E gaming platform where individuals from around the globe can connect and network with each other while engaging in healthy digital gaming competitions. Currently, Pomerdoge is rewarding presale investors with the chance to exclusively own part of the 7,777 NFTs that'll be minted on the platform. Moreso, presale investors will earn a percentage of the revenue generated from the Pomergame platform - a platform under the Pomerdoge ecosystem. The revenue will be distributed based on the number of POMD tokens users have in their accounts. Anyone can become a presale investor and enjoy these benefits. All you have to do is buy the Pomerdoge tokens now at the price of only $0.008. The Pomerdoge project has been vetted by SolidProof and Cyberscope. The token's liquidity will be locked for life as a security measure for investors' assets. There are concrete reasons to believe in the promising investment opportunity presented by Pomerdoge. Find out more about the Pomerdoge (POMD) Presale Today Website: https://pomerdoge.com/ Telegram Community: https://t.me/pomerdoge Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
245 days agocryptodaily
Bitstamp To Suspend Tokens Identified As Securities By SEC
In a major decision taken on the 8th of August, Bitstamp has announced that it would suspend trading for several cryptocurrencies identified as securities by the SEC in cases against Binance and Coinbase. The impacted tokens will no longer be available to trade by the end of August. Bitstamp Moves To Suspend Tokens According to the announcement, several prominent cryptocurrencies will soon be blocked, rendering US-based users unable to trade them. These include Axie Infinity (AXS), Decentraland (MANA), Chiliz (CHZ), Near Protocol (NEAR), Polygon (MATIC), The Sandbox (SAND), and Solana (SOL). As per the company’s announcement, after delisting the above-mentioned cryptocurrencies, the platform will offer only 30 listed cryptocurrencies. The cryptocurrency exchange urged users to execute all trades involving these tokens by the 29th of August, following which they will become unavailable. “Update for our US users Starting the 29th of August: AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL trading will be halted after evaluating recent market developments. Execute any open trades. Holding and withdrawing tokens afterwards will be unaffected.” According to the exchange, US trading of the tokens will be permanently disabled after the 29th of August. However, customers can still withdraw and hold the tokens after the date. “We kindly request our users to promptly execute any desired buy or sell orders involving the affected assets before the 29th of August, 2023. After this deadline, trading activities related to AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL will be permanently disabled on the Bitstamp platform.” “Recent Developments” Led To Decision The announcement pointed at recent market developments as the reason behind the suspension of trading of the cryptocurrencies mentioned. While the firm did not provide a concrete reason, all of the tokens mentioned in the announcement have been alleged to be unregistered securities by the United States Securities and Exchange Commission (SEC). The Securities and Exchange Commission identified the cryptocurrencies in question as unregistered securities in separate complaints against Binance and Coinbase. However, Bitstamp has not delisted other assets mentioned in the cases against Binance and Coinbase. These assets include Nexo (NEXO), Algorand (ALGO), and Cardano (ADA). Other Platforms Have Also Delisted Assets The allegations against the tokens made by the Securities and Exchange Commission have yet to be proven in a court of law. However, other platforms have voluntarily delisted specific assets mentioned by the SEC in the cases. In recent months, several platforms, including Bakkt, Robinhood, and Revolut, have delisted Polygon (MATIC), Cardano (ADA), and Solana (SOL). The platforms seem to have delisted these three cryptocurrencies because they are among the largest assets which the SEC targets. Following the developments, projects such as The Sandbox have also started mandating Know Your Customer (KYC) verification for SAND staking. According to the SEC, a total of 68 cryptocurrencies are unregistered securities. Crypto Projects Reject Claims However, cryptocurrency projects have repeatedly rejected the claims made by the Securities and Exchange Commission, either directly or indirectly. The Solana Foundation, in a statement, has said that it categorically disagrees with the SEC’s observations. Cardano’s parent company IOHK has also denied ADA’s security status. Meanwhile, Polygon Labs has said its operations were focused outside the US, beyond the reach and jurisdiction of the SEC. From the looks of things, it appears that actions taken around the assets in question are precautionary, and it remains to be seen if the SEC will take any action against the tokens or platforms in the future. SEC Action Against BinanceAnd Coinbase The Securities and Exchange Commission’s suits against Coinbase and Binance have led to an uncertain future for major listed tokens. The regulatory body’s two lawsuits against the crypto exchanges in question have cast a long shadow on the 19 tokens mentioned in both filings. The SEC has accused Binance and Coinbase of offering unregistered securities to the public through their respective platforms. The suit once again brings into focus lingering questions about whether cryptos are a security, commodity, or otherwise. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
245 days agocryptodaily
Bitstamp To Suspend Tokens Identified As Securities By SEC
In a major decision taken on the 8th of August, Bitstamp has announced that it would suspend trading for several cryptocurrencies identified as securities by the SEC in cases against Binance and Coinbase. The impacted tokens will no longer be available to trade by the end of August. Bitstamp Moves To Suspend Tokens According to the announcement, several prominent cryptocurrencies will soon be blocked, rendering US-based users unable to trade them. These include Axie Infinity (AXS), Decentraland (MANA), Chiliz (CHZ), Near Protocol (NEAR), Polygon (MATIC), The Sandbox (SAND), and Solana (SOL). As per the company’s announcement, after delisting the above-mentioned cryptocurrencies, the platform will offer only 30 listed cryptocurrencies. The cryptocurrency exchange urged users to execute all trades involving these tokens by the 29th of August, following which they will become unavailable. “Update for our US users Starting the 29th of August: AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL trading will be halted after evaluating recent market developments. Execute any open trades. Holding and withdrawing tokens afterwards will be unaffected.” According to the exchange, US trading of the tokens will be permanently disabled after the 29th of August. However, customers can still withdraw and hold the tokens after the date. “We kindly request our users to promptly execute any desired buy or sell orders involving the affected assets before the 29th of August, 2023. After this deadline, trading activities related to AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL will be permanently disabled on the Bitstamp platform.” “Recent Developments” Led To Decision The announcement pointed at recent market developments as the reason behind the suspension of trading of the cryptocurrencies mentioned. While the firm did not provide a concrete reason, all of the tokens mentioned in the announcement have been alleged to be unregistered securities by the United States Securities and Exchange Commission (SEC). The Securities and Exchange Commission identified the cryptocurrencies in question as unregistered securities in separate complaints against Binance and Coinbase. However, Bitstamp has not delisted other assets mentioned in the cases against Binance and Coinbase. These assets include Nexo (NEXO), Algorand (ALGO), and Cardano (ADA). Other Platforms Have Also Delisted Assets The allegations against the tokens made by the Securities and Exchange Commission have yet to be proven in a court of law. However, other platforms have voluntarily delisted specific assets mentioned by the SEC in the cases. In recent months, several platforms, including Bakkt, Robinhood, and Revolut, have delisted Polygon (MATIC), Cardano (ADA), and Solana (SOL). The platforms seem to have delisted these three cryptocurrencies because they are among the largest assets which the SEC targets. Following the developments, projects such as The Sandbox have also started mandating Know Your Customer (KYC) verification for SAND staking. According to the SEC, a total of 68 cryptocurrencies are unregistered securities. Crypto Projects Reject Claims However, cryptocurrency projects have repeatedly rejected the claims made by the Securities and Exchange Commission, either directly or indirectly. The Solana Foundation, in a statement, has said that it categorically disagrees with the SEC’s observations. Cardano’s parent company IOHK has also denied ADA’s security status. Meanwhile, Polygon Labs has said its operations were focused outside the US, beyond the reach and jurisdiction of the SEC. From the looks of things, it appears that actions taken around the assets in question are precautionary, and it remains to be seen if the SEC will take any action against the tokens or platforms in the future. SEC Action Against BinanceAnd Coinbase The Securities and Exchange Commission’s suits against Coinbase and Binance have led to an uncertain future for major listed tokens. The regulatory body’s two lawsuits against the crypto exchanges in question have cast a long shadow on the 19 tokens mentioned in both filings. The SEC has accused Binance and Coinbase of offering unregistered securities to the public through their respective platforms. The suit once again brings into focus lingering questions about whether cryptos are a security, commodity, or otherwise. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
254 days agocryptodaily
LeetSwap And $BALD Rug Plague Coinbase Ecosystem
Decentralized exchange LeetSwap, built on Coinbase’s Layer 2 blockchain Base, recently suspended trading due to fears of a potential exploit. Furthermore, Coinbase and Base are also dealing with the aftermath of the SEC’s lawsuit. LeetSwap Halts Trading Amid Security Concerns Trouble is brewing in the Coinbase ecosystem as multiple challenges loom ahead. On the one hand, is the BALD coin crash, which has prompted leading DEX on the Base blockchain, LeetSwap, to halt trading. The DEX tweeted that they detected a security vulnerability in their factory, leading them to suspect compromised pool liquidity. As a result, trading was temporarily stopped for further investigation. PeckShield, a crypto-security firm, reported that approximately 340 ETH (equivalent to $630,000) had been exploited from liquidity pairs on Base, highlighting the severity of the situation. Bald Memecoin's Crash Shortly before the trading pause, Bald, a popular memecoin, experienced a significant crash in value. The token's developer withdrew a substantial sum of 6,800 ETH ($12.5 million) from the liquidity pool on LeetSwap. This sudden move raised eyebrows and further added to the challenges faced by Base's leading DEX. Base and Coinbase's Regulatory Woes Base, as an Ethereum Layer 2 (L2) chain, empowers developers to build decentralized apps using Coinbase's products, users, and tools. However, Coinbase has been dealing with its own regulatory challenges after falling in the crosshairs of the U.S. Securities and Exchange Commission (SEC). The latter has demanded Coinbase suspend all cryptocurrency trading except for Bitcoin, and upon questioning the decision, the regulatory body filed a lawsuit against the exchange. SEC’s Lawsuit Against Coinbase According to the lawsuit filed by the SEC, the regulatory body deemed 13 assets on Coinbase, including Solana (SOL), Polygon (MATIC), Cardano (ADA), FIL, SAND, AXS, ICP, NEAR, CHZ, DASH, VGX, and NEXO, as securities. The SEC also accused Coinbase of failing to register as a broker, clearing agency, or national securities exchange, indicating that the exchange was not adhering to the established disclosure regime for the U.S. securities markets. Coinbase CEO Brian Armstrong stated that the exchange had limited choices in dealing with the SEC's demands. Following the regulator's instructions would have set a dangerous precedent and conveyed the wrong message. Therefore, it found itself caught between compliance and potential harm to the cryptocurrency industry's principles. Issues Pile Up For Coinbase LeetSwap's trading halt and the exploits on Base's liquidity pairs have raised serious concerns about security vulnerabilities on the Coinbase-backed blockchain. Additionally, Bald's dramatic crash and Coinbase's ongoing legal battle with the SEC have further complicated matters for the platform. The situation highlights the challenges and uncertainties surrounding the crypto industry's regulatory landscape and emphasizes the need for continued vigilance and security measures to protect investors and users alike. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
256 days agocryptodaily
SEC Asked Coinbase To Trade Only In Bitcoin Before Suing Exchange
Coinbase CEO Brian Armstrong has revealed that the United States Securities and Exchange Commission (SEC) had asked Coinbase to halt all cryptocurrency trading, except that of Bitcoin. According to Armstrong, the SEC had requested this prior to suing the exchange for failing to register as a broker. Delist Every Asset Apart From Bitcoin The Coinbase CEO made the revelation in a detailed interview, stating that the Securities and Exchange Commission had made the request before suing the exchange. Armstrong added that the regulator approached the exchange, stating that they viewed every other asset apart from Bitcoin as a security and asking Coinbase to delist assets it viewed as securities. When Coinbase asked how the SEC came to that conclusion, the regulator declined to explain its interpretation of the law. Armstrong stated, “They came back to us, and they said… we believe every asset other than Bitcoin is a security. And, we said, well, how are you coming to that conclusion, because that’s not our interpretation of the law. And they said, we’re not going to explain it to you; you need to delist every asset other than Bitcoin.” According to the lawsuit filed by the Securities and Exchange Commission against Coinbase, it viewed 13 assets as securities. The assets in question are Solana (SOL), Polygon (MATIC), Cardano (ADA), FIL, SAND, AXS, ICP, NEAR, CHZ, DASH, VGX, and NEXO. The agency also accused Coinbase of failing to register with it as a broker, clearing agency, or national securities exchange. This, according to the SEC, meant that Coinbase was dodging the disclosure regime established by the United States Congress for the US securities markets. Not Much Choice At That Point Armstrong added that the exchange did not have much choice at the time. He added that if Coinbase had followed the Securities and Exchange Commission’s instructions, it would set a wrong precedent and send out the wrong message. Coinbase accepting the SEC’s instructions would have meant that most businesses and entities in the crypto space would have been deemed to be operating outside the law unless they had registered with the Securities and Exchange Commission. Armstrong added that delisting every asset apart from Bitcoin would have effectively ended the crypto industry in the United States. “We really didn’t [did not] have a choice at that point; delisting every asset other than Bitcoin, which by the way, is not what the law says, would have essentially meant the end of the crypto industry in the US. It kind of made it an easy choice… let’s [let us] go to court and find out what the court says.” Ripple-SEC Case Provides Some Regulatory Clarity The crypto industry in the United States has been asking the Securities and Exchange Commission for better regulatory clarity. While the SEC has not been forthcoming, the recent SEC-Ripple case ruling brought some much-needed clarity on the subject of security and non-security. In the Ripple-SEC case, the judge ruled that XRP is not a security. The asset’s sale on exchanges, distribution to developers, sales by employees, and distribution to charities were all off the radar. However, the judge ruled that institutional sales of the XRP token were in violation of federal securities laws. After Ripple’s partial victory, many experts and industry watchers believe the ruling would benefit the Coinbase lawsuit. SEC And Coinbase: The Case So Far The Securities and Exchange Commission had sued Coinbase in June, alleging that the exchange allowed investors and traders to purchase, sell, and trade crypto asset securities. The filing stated that Coinbase merged three functions typically separated in traditional markets: clearing agencies, brokers, and exchanges. “Coinbase has never registered with the SEC as a broker, national securities exchange, or clearing agency, thus evading the disclosure regime that Congress has established for our securities markets.” The Securities and Exchange Commission filed its lawsuit against Coinbase in the US District Court for the Southern District of New York. The lawsuit alleged that the exchange violated several registration provisions of the Securities Exchange Act of 1934 and the securities offering registration provisions included in the Securities Act of 1933. At the time, Gurbir S. Grewal, the director of the SEC’s enforcement division, had stated, “You simply can’t ignore the rules because you don’t like them or because you’d prefer different ones: the consequences for the investing public are far too great.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
259 days agocointelegraph
Nexo joins sanctions association as regulatory scrutiny increases
Nexo looks to keep pace with regulatory requirements by implementing new certification requirements for its compliance team.
273 days agocoindesk
Nexo in Court With a Co-Founder Over $12M in Missing Assets
Nexo says its former managing partner left with a hardware wallet full of the company’s crypto.
336 days agocryptopotato
Nexo to Dissolve UK-Based Units in Restructuring Plans
Nexo is restructuring its operations but does not plan to leave the United Kingdom.
337 days agonulltx
Nexo (NEXO), dYdX (DYDX), and Tradecurve (TCRV): Which one has investors talking?
The current outlook on traditional finance is rather bleak, with numerous major banks collapsing and inflation reaching record levels investors and savers are forever looking at assets which can house their hard earned capital. As such, many began diversifying into cryptocurrencies with three specific tokens capturing a whirlwind of attention; they include Nexo (NEXO), dYdX […]
342 days agocoindesk
New York Attorney General Seeks New Crypto Powers for State Regulators: Report
The bill follows legal suits taken by Letitia James in connection to crypto companies like Celsius, CoinEx and Nexo.

About Nexo?

The live price of Nexo (NEXO) today is 1.4417 USD, and with the current circulating supply of Nexo at 560,000,011 NEXO, its market capitalization stands at 807,372,506 USD. In the last 24 hours NEXO price has moved -0.0119 USD or -0.01% while 3,657,122 USD worth of NEXO has been traded on various exchanges. The current valuation of NEXO puts it at #119 in cryptocurrency rankings based on market capitalization.

Learn more about the Nexo blockchain network and how it works or follow the price of its native cryptocurrency NEXO and the broader market with our unique COIN360 cryptocurrency heatmap.

Nexo is a cryptocurrency-based platform for loans. The Nexo crypto platform provides an opportunity for both becoming a lender and a debtor on a crypto loan. The project was developed by a FinTech company called Credissimo. Nexo uses the custodian services of BitGo, a blockchain development company that has a Securities and Exchange Commission (SEC) approval. Nexo token is an ERC20-based digital asset that provides special privileges for its users when working with the Nexo platform. Still, other cryptocurrency assets can also be used and exchanged freely on the platform. Nexo token was also used for the Nexo ICO and airdrop campaigns. Nexo ICO raised more than 52 million USD for platform development, considered a positive evaluation of its potential. Check out the latest Nexo price, the NEXO price charts for various time periods and all relevant metrics on Coin360.com.
Nexo Price1.4417 USD
Market Rank#119
Market Cap807,372,506 USD
24h Volume3,003,616 USD
Circulating Supply560,000,011 NEXO
Max Supply1,000,000,000 NEXO
Yesterday's Market Cap801,108,736 USD
Yesterday's Open / Close1.4425 USD / 1.4306 USD
Yesterday's High / Low1.4688 USD / 1.4175 USD
Yesterday's Change
-0.01% ( 0.0119 USD )
Yesterday's Volume3,657,121.75 USD
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