Crypto Lending

Vauld says talks with Nexo for a potential acquisition have not been successful, but Nexo says negotiations aren't yet over.

According to the California regulator, the protocol’s peer-to-peer lending service and interest-bearing accounts violate state law.

In its complaint, Nexo claimed that US regulators have not provided clearer path forward to foster blockchain businesses in country.

Firm said its priority is to “protect its clients and their interests” and warned users not to deposit to platform.

The lending protocol said that despite efforts to restructure the loan, Blockwater failed to make a scheduled payment on time.

The deal will allow the lender to offer digital asset investment products to its accredited client base worldwide.

EU-licensed provider of crypto-loan products CoinLoan released a half-year report for 2022 that showed growth despite the ongoing crypto winter.

Referred to liquidity problems of well-known crypto lending service providers.

Financial instruments are quickly evolving, and their applications are gaining traction among avid corporate and angel investors.