Nexo

Finance

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.

By Nate DiCamillo

Jul 8, 2020 at 1:00 p.m. UTC

Jul 8, 2020

NexoChainlinkCrypto LendingPrime Brokerage

Tech

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.

By William Foxley

May 20, 2020 at 7:55 p.m. UTC

May 20, 2020

MakerDAONexoDAIDeFiwBTC

PAY UP: "As of five minutes ago, everyone who needed to post collateral has,” one lender said Friday. (Credit: Shutterstock)

Finance

Blockfi

$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.

By Nate DiCamillo

Mar 13, 2020 at 11:15 p.m. UTC

Mar 13, 2020

BlockFiGenesis CapitalNexoCelsiusCrypto Lending

Markets

News

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."

By Daniel Kuhn

Aug 2, 2019 at 7:00 p.m. UTC

Aug 2, 2019

NewsNexoArrington XRP Capital

Markets

Payments

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.

By Nikhilesh De

Apr 30, 2018 at 2:00 p.m. UTC

Apr 30, 2018

paymentsstartupsBitGoLoansMerchantsBankingCreditNewsMichael ArringtonNexouse-cases-verticalsbusiness news