Nexo claims “smear campaign” ignores its attempts to aid insolvent companies
Nexo has raised its insurance to $775 milliln and is negotiating with potentially insolvent crypto companies to help provide liquidity amid "smear campaign."
Read crypto exchange news, listing updates, security incidents, trading volume shifts, and platform strategy across global markets.
Huobi's founder Leon Li is reportedly looking to sell his stakes at Huobi as the exchange faces difficulties from banning China users.
BlockFi has confirmed it has given FTX the option to purchase the business for up to $240 million
Zac Prince, CEO of BlockFi has denied claims by CNBC that the company is being sold for $25 million, 99% below its last valuation.
FTX reportedly walked away from a deal with Celsius after discovering a $2 billion hole in its balance sheet. Celsius is currently looking to make "strategic transactions" to secure its assets.
Celsius announces that it is exploring complex options to restructure liabilities in order to "preserve and protect assets."
The cryptocurrency exchange is reportedly providing users' geo-location and transactional data to the U.S. Immigration and Customs Enforcement agency in a deal signed last year.