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Ethereum Whales Rush Into Shiba Inu (SHIB) and Several DeFi Altcoins in an Uncertain Market

The largest Ethereum whales in existence are accumulating meme coin Shiba Inu (SHIB) and a collection of decentralized finance (DeFi) altcoins. According to blockchain tracker WhaleStats, Ethereum whales, or investors with at least 1,000 ETH in their wallets, are still favoring Dogecoin competitor Shiba Inu. At time of writing, SHIB is the 10th most purchased […]

The post Ethereum Whales Rush Into Shiba Inu (SHIB) and Several DeFi Altcoins in an Uncertain Market appeared first on The Daily Hodl.

Bybit Expands in CIS Region With Kazakhstan License for Crypto Services

Crypto Lender Nexo Terminates Interest Payments on New Deposits From US Clients

Crypto Lender Nexo Terminates Interest Payments on New Deposits From US ClientsFollowing the U.S. Securities and Exchange Commission (SEC) charging the crypto lending platform Blockfi with failing to register its retail crypto lending product and fining the firm $100 million, the crypto lender Nexo has announced it will no longer allow U.S. citizens to earn interest on new savings wallet top-ups. However, Nexo customers from the […]

Bybit Expands in CIS Region With Kazakhstan License for Crypto Services

Bitcoin (BTC) Could More Than Double in Coming Months, According to Nexo Co-Founder – Here’s Why

The co-founder and managing partner of crypto lender Nexo, Antoni Trenchev, is bullish on Bitcoin (BTC) despite the recent market shakeout. Trenchev says in a Bloomberg interview that BTC could surge by about 130% from the current levels over the coming months. “[Bitcoin is] going to a $100,000. We will see that level for sure. […]

The post Bitcoin (BTC) Could More Than Double in Coming Months, According to Nexo Co-Founder – Here’s Why appeared first on The Daily Hodl.

Bybit Expands in CIS Region With Kazakhstan License for Crypto Services

Bitcoin’s Price Will Hit $100K by Mid-Year, Nexo Founder Predicts

Bitcoin’s Price Will Hit 0K by Mid-Year, Nexo Founder PredictsThe co-founder and managing partner of Nexo, a major cryptocurrency lender, has predicted that the price of bitcoin will be $100K by mid-2022. He highlighted “two simple reasons” why he is bullish about the price of bitcoin this year. Bitcoin Expected to Reach $100K by Mid-Year Antoni Trenchev, the co-founder and managing partner of Nexo, […]

Bybit Expands in CIS Region With Kazakhstan License for Crypto Services

Crypto Lender Nexo Launches NFT Lending Desk, Loans up to 20% for Popular NFTs

Crypto Lender Nexo Launches NFT Lending Desk, Loans up to 20% for Popular NFTsOn December 16, the blockchain-based lending platform Nexo announced the firm has launched a non-fungible token (NFT) lending desk. While the company offered crypto-backed loans using tokens like bitcoin and ethereum for instant funds, Nexo is offering instant liquidity to NFT holders that don’t want to sell their NFTs. Nexo to Offer Loans for Bored […]

Bybit Expands in CIS Region With Kazakhstan License for Crypto Services

Dex Aggregator 1inch Network Raises $175 Million in Series B Funding Round

Dex Aggregator 1inch Network Raises 5 Million in Series B Funding Round1inch Network, the decentralized exchange (dex) aggregation project, has announced the company has raised $175 million in a Series B financing round. According to the announcement, the fresh new capital will be leveraged to scale the team, foster additional 1inch token utilities, and build new protocols. 1inch Raises $175 Million From Strategic Investors Over the […]

Bybit Expands in CIS Region With Kazakhstan License for Crypto Services

NY Attorney General Targets 5 Crypto Companies: 2 Lending Platforms Ordered to Shut Down

NY Attorney General Targets 5 Crypto Companies: 2 Lending Platforms Ordered to Shut DownNew York Attorney General Letitia James has ordered two cryptocurrency lending platforms to shut down and requested three other platforms to answer questions regarding their activities immediately. The letters to the companies published on the attorney general’s website indicate that the two platforms are Nexo and Celsius Network. New York Cracks Down on Unregistered Crypto […]

Bybit Expands in CIS Region With Kazakhstan License for Crypto Services

Nexo Sued for ‘Unlawful’ Liquidation of Clients’ Collateral XRP Amid SEC’s Ripple Lawsuit

Nexo Sued for ‘Unlawful’ Liquidation of Clients’ Collateral XRP Amid SEC’s Ripple LawsuitCrypto lending firm Nexo is facing a class-action lawsuit filed by an XRP investor for “unlawfully” suspending the use of the cryptocurrency as collateral without giving notice to clients and subsequently liquidating the tokens. This happened following the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Ripple and its executives. Nexo Sued […]

Bybit Expands in CIS Region With Kazakhstan License for Crypto Services