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FTX’s CEO Reveals How They Will Approach Celsius' Auction

Addressing Simon Dixon's Tweets, Sam Bankman-Fried disclosed how FTX would place bids on Celsius’ Assets.

Nexo Acquires Stake In Summit National Bank

Nexo purchased a stake in Hulett Bancorp, a holding that owns Summit National Bank, with Nexo’s Co-Founder and Managing Partner Kalin Metodiev being appointed a board member of the bank.

U.S. Regulators Sue Nexo For Failing To Register Yield Product

Regulators from eight states, including California, filed a lawsuit against Nexo for not registering its “Earn Interest Product,” citing that Nexo’s offerings need to be treated as securities. 

Binance US Launches High-Yield Ethereum Staking Ahead Of Ethereum Merge

With the anticipated happening of the Merge event, Binance US has launched a high-yield staking product for users. But there is a caveat stating that rewards may change depending on factors like transaction fees.

Nexo Launches Its Crypto Trading Platform

Nexo released its all-in-one crypto trading platform, Nexo Pro, to provide spot, margin, and futures trading services to its users.