Crypto Lender Nexo Stays Ahead of Regulators With Minority Stake In Summit National Bank Crypto lender Nexo recently acquired a minority stake in Summit National Bank. Benzinga · Sep 28, 2022
Investing | Why young India needs to dial down The crypto crash in May has young investors re-thinking their views on risk and reward, but there is much that they need to keep in mind before ‘return chasing’ again. Experts weigh in The Hindu · Sep 9, 2022
Singapore plans further strengthening of crypto regulations Singapore intends to broaden the scope of cryptocurrency regulations and pushed back against claims that some recently collapsed digital-asset outfits were regulated in the city state. Bangkok Post · Jul 19, 2022
Voyager seeks bankruptcy as crypto mogul’s lifeline fails Crypto broker Voyager Digital Ltd filed for Chapter 11 bankruptcy protection just weeks after getting a lifeline from billionaire Sam Bankman-Fried’s Alameda Research, citing market volatility and the collapse of a hedge fund it had lent money to. Bangkok Post · Jul 6, 2022
Crypto broker Voyager Digital files for bankruptcy The New York-based firm suspended customer trading, deposits and withdrawals Evening Standard · Jul 6, 2022
Nexo Seeks To Acquire Beleaguered Crypto Lending Firm Vauld: What You Need To Know Crypto lender Nexo on Tuesday announced it has signed an indicative term sheet with its rival Vauld to acquire a 100% stake in the company. The agreement grants Nexo a 60-day exclusive exploratory period related to its intended acquisition of Vauld, pending a satisfactory outcome of the due diligence process. Benzinga · Jul 5, 2022
Crypto lender Vauld freezes withdrawals, eyes restructuring Vauld, a crypto lender backed by Coinbase Inc, said it froze withdrawals and hired advisers to explore a potential restructuring, joining rivals from Celsius Network to Babel Finance in resorting to last-ditch measures to survive the market rout. Bangkok Post · Jul 4, 2022