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The Hateful Eight: KSM, ICP, NEXO, DGB, BTG, SC, BTT, QTUM — Biggest Losers from June 11th to June 18th

The Hateful Eight: KSM, ICP, NEXO, DGB, BTG, SC, BTT, QTUM — Biggest Losers from June 11th to June 18th

www.publish0x.comwww.publish0x.com18 Jun 2021 | 15:46 pm
In this article, I'll take a look at eight altcoins that decreased the most over the past seven days (June 11th – June 18th). Note these are top losers in the top 100, there are other projects that have dropped more that have smaller market caps. KSM initiated an upward move after a sharp fall on May 19 and has been moving downwards since.
Dispatch #40: 40 Weeks of Inflation and Bitcoin

Dispatch #40: 40 Weeks of Inflation and Bitcoin

NexoNexo18 Jun 2021 | 13:15 pm
The US House Financial Services Committee held a hearing on the future shape of a digital dollar in Washington D.C. The hearing showed how much more seriously the US is thinking about the digital dollar than in the past. The SEC announced that it is seeking more input around Van Eck’s Bitcoin ETF application.
The Hateful Eight: KSM, ICP, NEXO, DGB, BTG, SC, BTT, QTUM — Biggest Losers, June 11-18

The Hateful Eight: KSM, ICP, NEXO, DGB, BTG, SC, BTT, QTUM — Biggest Losers, June 11-18

BeInCryptoBeInCrypto18 Jun 2021 | 11:09 am
Kusama (KSM), Internet Computer (ICP), Nexo (NEXO), DigiByte (DGB), Bitcoin Gold (BTG), Siacoin (SC), BitTorrent (BTT) and QTUM (QTUM) are the eight altcoins that decreased the most over the past seven days, from June 4 to June 11. KSM initiated an upward move after a sharp fall on May 19 and continued until a high of $537 was reached on June 10.
Price feed deviations lead to unexpected user liquidations on DeFi platforms Celsius and Nexo

Price feed deviations lead to unexpected user liquidations on DeFi platforms Celsius and Nexo

Coin RivetCoin Rivet18 Jun 2021 | 10:33 am
On June 14, users on DeFi platforms Celsius Network and Nexo were hit with unexpected liquidation notices after price feeds for MATIC, SNX and USDT suffered a flash crash. The price deviation was caused by inaccurate price data from a third-party provider. Nexo confirmed that their USDT price feed was affected and the balances of some accounts were incorrectly liquidated.
Nexo founder: More Latin America countries to adopt BTC pushing price to $100k

Nexo founder: More Latin America countries to adopt BTC pushing price to $100k

FinboldFinbold18 Jun 2021 | 00:00 am
Crypto lending platform Nexo co-founder Antoni Trenchev has projected that bitcoin might hit the $100,000 mark within a year backed by factors like increased adoption. He noted that the adoption of bitcoin as legal tender in El Salvador would act as a key catalyst with other countries likely to follow suit. Notably, the bitcoin 2021 rally was mainly inspired by institutional investors.
The Final Dividend Worth $20 Million Has Been Distributed

The Final Dividend Worth $20 Million Has Been Distributed

NexoNexo16 Jun 2021 | 12:40 pm
The fourth and final Nexo Dividend worth $20,428,359.89 has now been distributed to all eligible NEXO Token holders. The payout comprises 30% of Nexo’s net profit for the financial period of June 30, 2020 - May 30, 2021. Following the final dividend, Nexo will share its financial success with token holders through the Daily Interest program.
Is there a right way to regulate crypto? Yes, and this is how

Is there a right way to regulate crypto? Yes, and this is how

CointelegraphCointelegraph12 Jun 2021 | 00:00 am
Cryptocurrency is becoming increasingly mainstream and increasingly on the radar of regulators around the world, particularly in the United States. How can this industry balance stability and investor protection on the one hand with the promotion and support of innovation on the other? The only truly viable option is regulation that involves an ongoing partnership with the industry itself.
Dispatch #39: The One with El Salvador Leading the World on Bitcoin

Dispatch #39: The One with El Salvador Leading the World on Bitcoin

NexoNexo11 Jun 2021 | 14:10 pm
El Salvador passed a bill to make Bitcoin legal tender in the country this week. The bill was passed by the Salvadoran parliament on Wednesday. Solana raised over $314 million in a token sale led by A16Z. Ledger raised a $380 million Series C round of funding.
Dividend Details

Dividend Details

NexoNexo11 Jun 2021 | 13:23 pm
NEXO will distribute $20,428,359.89 to eligible token holders during the final dividend distribution on June 16, 2021. The final dividend will be distributed as a Loyalty Dividend and will be paid out individually for each NEXO Token based on how long it has been in your Nexo Wallet from one ex-dividend date to the next.
Nexo Engages Leading Accounting Firm Armanino To Provide Real-Time Attestation Over Digital Asset Holdings

Nexo Engages Leading Accounting Firm Armanino To Provide Real-Time Attestation Over Digital Asset Holdings

The Daily HodlThe Daily Hodl10 Jun 2021 | 16:30 pm
Nexo will offer investors, customers and regulators the highest level of trust available in the market by means of uninterrupted access to industry standard attest reporting and a snapshot of Nexo’s total assets and liabilities – updated daily. The attestation procedures performed are in accordance with the standards set by the American Institute of Certified Public Accountants.
Nexo Engages Leading Accounting Firm Armanino to Provide Real-Time Attestation over Digital Asset Holdings

Nexo Engages Leading Accounting Firm Armanino to Provide Real-Time Attestation over Digital Asset Holdings

NexoNexo10 Jun 2021 | 14:57 pm
Nexo has commissioned Armanino LLP, one of the largest accounting firms in the US, to provide real-time attestations over the company’s custodial holdings. Nexo will offer investors, customers, and regulators the highest level of trust available in the market. The attestation procedures performed are in accordance with the standards set by the American Institute of Certified Public Accountants.
The female speakers who made an impact at Bitcoin2021 in Miami

The female speakers who made an impact at Bitcoin2021 in Miami

CointelegraphCointelegraph10 Jun 2021 | 00:00 am
Bitcoin 2021 was the largest Bitcoin event in history, with over 12,000 attendees from across the globe. Only 27 women were featured on the Bitcoin 2021 website, which consists of over 150 speakers. The female speakers at Bitcoin 2021 discussed a number of different topics including regulations, technical aspects, legal requirements and more.
Governance Results: Daily Interest on NEXO Tokens Is Live

Governance Results: Daily Interest on NEXO Tokens Is Live

NexoNexo08 Jun 2021 | 14:20 pm
NEXO token holders will receive up to 12% interest per annum, paid out daily, on NEXO tokens held in both the Savings and Credit Line wallets. All Loyalty tiers will receive a base rate of 7% interest for FLEX Terms while those benefiting from Nexo’s Fixed Terms for 3 or 12 months will receive 9% and 12%
Top Altcoin To Follow This Week - The Crypto Basic

Top Altcoin To Follow This Week - The Crypto Basic

The Crypto BasicThe Crypto Basic07 Jun 2021 | 10:41 am
EIP-1559 will be tested on the Ropsten, Goerli and Rinkeby networks on June 9th. Ripple and the SEC continue to discover evidence against each other as part of the legal process that began in December 2020. Polkadot will hold a panel discussion on non-fungible tokens (NFT) on June 10. APENFT Foundation plans to airdrop 5% of the total NFT supply to Tron community.
Pick Your Poison: The Nexo Tokens Proposal

Pick Your Poison: The Nexo Tokens Proposal

www.publish0x.comwww.publish0x.com06 Jun 2021 | 02:23 am
Nexo announced on May 26, 2021 its first Governance Proposal: Daily Interest on NEXO and a Final Dividend. Nexo token holders will have the opportunity on June 7, 2021 to vote whether to continue receiving a portion of Nexo’s profits in the form of a dividend or to receive interest payments on their tokens.
Dispatch #38: Regulation Is Coming & Crypto Has Nothing to Worry About

Dispatch #38: Regulation Is Coming & Crypto Has Nothing to Worry About

NexoNexo04 Jun 2021 | 16:50 pm
The European Central Bank has argued that not releasing a CBDC would create a threat to stability as foreign “artificial” currencies could take hold. The European Union is set to announce plans for an official digital wallet. Beijing is prepping for the latest and largest live trial of their digital yuan – this time distributing $6.3M.
Youhodler vs Nexo: Pros, Cons and Which is Better?

Youhodler vs Nexo: Pros, Cons and Which is Better?

bitcompare.netbitcompare.net04 Jun 2021 | 10:38 am
Nexo has the highest loan-to-value ratio in the industry (90% to value ratio) and the highest interest rates of up to 12% compounding. The platform offers zero price fluctuations when user places an order. It also offers no lock-in periods, no withdrawal, transaction, or platform fees. Nexo's information security management systems are ISO/IEC 27001:2013 compliant
Introducing: Collateral Exchange Option for Our Instant Crypto Credit Lines

Introducing: Collateral Exchange Option for Our Instant Crypto Credit Lines

NexoNexo03 Jun 2021 | 18:00 pm
Nexo has introduced Collateral Exchange in its Credit Line Wallet to preserve the value of collateralized assets during a market downturn and improve the health of your credit line in a matter of seconds. Collateral exchange operations are not allowed during an ongoing automatic repayment. Excess collateral can be exchanged for any other supported asset at any time.
NEXO Cryptocurrency Up By 17% In The Last 24 Hours

NEXO Cryptocurrency Up By 17% In The Last 24 Hours

via.newsvia.news02 Jun 2021 | 19:10 pm
NEXO is currently on bullish momentum by 17.01% in the last 24 hours. NEXO's last week, last month's, and last quarter’s current volatility was a positive 0.59%, a negative 1.25%, and a positive 5.23%, respectively. The market cap is at 1223271710 and total volume is at 15495
You Asked, We Answered: The Daily Interest on NEXO Tokens Proposal

You Asked, We Answered: The Daily Interest on NEXO Tokens Proposal

NexoNexo02 Jun 2021 | 17:39 pm
Nexo’s Community Manager Rosen Rosen has responded to questions about the Daily Interest on NEXO tokens proposal. He explained that the 24-hour voting period is enough to allow holders in all time zones to vote. Nexo management won’t be voting, but employees who have tokens can vote if they wish, Rosen added.
The Five Biggest Altcoin Gainers – May 24th to May 31st

The Five Biggest Altcoin Gainers – May 24th to May 31st

www.publish0x.comwww.publish0x.com01 Jun 2021 | 06:01 am
During the week of May 24th to May 31st, these were the biggest altcoin gainers: DCR, ENJ, UNI, NEXO and MATIC. DCR has been decreasing alongside a descending resistance line since April 16. ENJ is attempting to create a higher low and continue moving upwards.
Dispatch #37: The Energy FUD Musk Stop

Dispatch #37: The Energy FUD Musk Stop

NexoNexo28 May 2021 | 17:01 pm
Elon Musk and Michael Saylor have formed an energy consumption group called the Bitcoin Mining Council. The group aims to standardize energy use disclosures and advocate for greener energy mixes. Ray Dalio and Carl Icahn have joined the crypto space. The first Nexo Governance vote was held this week.
NEXO Cryptocurrency Bearish Momentum With A 18% Slide In The Last 6 Hours

NEXO Cryptocurrency Bearish Momentum With A 18% Slide In The Last 6 Hours

via.newsvia.news28 May 2021 | 07:06 am
NEXO is currently on bearish momentum by 18.03% in the last 6 hours. NEXO's last week, last month's, and last quarter’s current volatility was a negative 5.66%, a negative 0.90%, and a positive 3.74%, respectively. Currently, there are 45 forks, 63 stars, and 16 subscribers.
Recap: Your May Edition of Ask-Antoni-Anything

Recap: Your May Edition of Ask-Antoni-Anything

NexoNexo27 May 2021 | 15:15 pm
Nexo’s CEO Antoni Antoni has responded to a question from the Nexo community about the new Daily Interest on NEXO tokens proposal. Antoni said that the proposal will be put to a vote with up to 12% a year. He added that Nexo is one of the few companies that issues price-based margin calls and a working liquidation mechanism.
Interest vs Dividend: Nexo Governance Debuts with a Major Decision and Gives a Hint on Profitability

Interest vs Dividend: Nexo Governance Debuts with a Major Decision and Gives a Hint on Profitability

www.publish0x.comwww.publish0x.com27 May 2021 | 01:55 am
NEXO is set to change its dividend system for daily interest payments. NEXO has paid out around $9,500,000 to holders over the past three years as a dividend to those who staked the token on their platform. If the proposal goes through, a final dividend payment would be made of over $20.4 million to holders on June 8th.
Governance Proposal: Daily Interest on NEXO and a Final Dividend

Governance Proposal: Daily Interest on NEXO and a Final Dividend

NexoNexo26 May 2021 | 13:56 pm
On June 7, 2021, every eligible NEXO token holder will have the opportunity to vote for or against Nexo’s first Governance Vote proposal: Daily Interest on NEXo Tokens. If the proposal is approved, token holders will receive up to 12% interest per annum, paid out daily. Nexo will continue to share 30% of its profits with token holders as per its existing Dividends program.
Why Liquidations Are Needed and How They Protect Us All

Why Liquidations Are Needed and How They Protect Us All

NexoNexo20 May 2021 | 14:05 pm
Nexo is a crypto-backed lending company that uses clients' assets as collateral to secure crypto loans secured by 200-500% of collateral. The entire Nexo loan portfolio is overcollateralized by a factor of 200–500% which is what makes Nexo’s ‘Earn Interest’ product arguably even safer than banking deposits. Liquidations go against the very essence of our business and token models as they shrink the loan book.
This Market Dip Won’t Stop the Bull Cycle from Progressing

This Market Dip Won’t Stop the Bull Cycle from Progressing

NexoNexo19 May 2021 | 16:19 pm
Nexo Co-founder and Managing Partner Antoni Trenchev joined CNBC's Matthew Taylor and Dan Murphy to discuss the current market dip, making the case for digital assets’ long-term potential. Every bull run in crypto has seen 5-7 declines of 30% or more. This bull cycle is no exception and in the long term, crypto will continue to thrive.
Nexo’s Instant Crypto Credit Lines Let You Live Your Dreams & HODL Your Bitcoin

Nexo’s Instant Crypto Credit Lines Let You Live Your Dreams & HODL Your Bitcoin

Bitcoinist.comBitcoinist.com18 May 2021 | 15:09 pm
Nexo’s Instant Crypto Credit Lines are the perfect alternative to cashing out Bitcoin, Ethereum, and other crypto assets. Nexo provides Iinstant Ccrypto Credit Lines, passive income on various assets, and an instant exchange, among a variety of other services. With Nexo, you don’t actually have to sell Bitcoin to access capital and live out your ambitions, from buying a home to getting a new car.
The Risk Is Bigger Being Outside of Crypto, Rather Than Being in and Losing

The Risk Is Bigger Being Outside of Crypto, Rather Than Being in and Losing

NexoNexo18 May 2021 | 12:30 pm
Nexo Co-founder and Managing Partner Antoni Trenchev has said that the best performing asset class so far this year is not gold, it’s cryptocurrencies. Nexo partners with DeFi companies, implementing their solutions and acting as a link between decentralized protocols and CeFi. DeFi's promise of trustless, intermediary-free banking and financial transactions is one of the key factors behind the doubling of Ethereum's value.
Using the Nexo Exchange to Avoid Trading & Withdrawal Fees

Using the Nexo Exchange to Avoid Trading & Withdrawal Fees

www.publish0x.comwww.publish0x.com17 May 2021 | 22:44 pm
The Nexo Exchange is a way to avoid paying fees on crypto-currencies. It's free to swap and free to withdraw afterwards. Nexo is currently working on enabling ACH transfers, which would be the best way to buy coins available on the exchange. Once Nexo enables ACH, you could buy Bitcoin, Ethereum, Litecoin, Chainlink, and others for no fee.
Dispatch #35: Rug Pull Week with Elon and Vitalik

Dispatch #35: Rug Pull Week with Elon and Vitalik

NexoNexo14 May 2021 | 18:45 pm
Tesla abandons Bitcoin sales and Vitalik Buterin sends “billions” to charity. Binance is being investigated by the US Department of Justice and the Internal Revenue Service. Three large US hedge funds are setting up cryptocurrency investment funds. Tether’s settlement with the New York Attorney General requires them to disclose full holdings.
Our Direct USD On-Ramp Is Here with a Big Promo

Our Direct USD On-Ramp Is Here with a Big Promo

NexoNexo14 May 2021 | 14:28 pm
Nexo is adding a new USD top-up option to its Wallet. Clients who add USD to their Nexo Wallets via bank transfer will receive 12% interest on their dollars at FLEX Terms regardless of their Loyalty tier. You can also bump up your interest by an extra 2% with Earn in NEXO.
Nexo Partner On Why He Blasts Elon Musk Tesla Bitcoin Flip-Flop

Nexo Partner On Why He Blasts Elon Musk Tesla Bitcoin Flip-Flop

InsideBitcoins.comInsideBitcoins.com13 May 2021 | 13:01 pm
Tesla CEO Elon Musk is acting out the memoir “How to Lose Friends and Alienate People”, according to Antoni Trenchev, co-managing partner at lending platform Nexo. He said that Musk’s Bitcoin stance is likely irreconcilable with his role as CEO of Tesla, which is a public company and answerable to shareholders and their ESG concerns.
Nexo Launches $12M Buyback Program

Nexo Launches $12M Buyback Program

NexoNexo11 May 2021 | 13:01 pm
Nexo’s Board of Directors has approved the repurchase of up to $12 million worth of our native NEXO Token on an open-market principle. The repurchased tokens will be placed in an Investor Protection Reserve (IPR), visible at this public ERC-20 address. Each buyback will vest for a minimum of 12 months after repurchase.
Dispatch #34: The DOGE Days of Spring

Dispatch #34: The DOGE Days of Spring

NexoNexo07 May 2021 | 19:34 pm
ETH smashed to new all-time highs this week. ETH-BTC “flippening” narratives are back in the chatter. Marathon mining group claimed to have mined their first “OFAC Compliant Block”. Citi is the latest huge US bank to consider launching crypto trading and custody services.
Nearly Half a Million in Crypto Raised for NEXT for AUTISM

Nearly Half a Million in Crypto Raised for NEXT for AUTISM

NexoNexo04 May 2021 | 16:39 pm
Crypto donors contributed $441,000 to the cause, out of a grand total of $3,630,000 in both fiat and crypto raised during the #ColorTheSpectrum live stream in support of NEXT for Autism. The event brought YouTube creators, entertainers, comedians, musicians and athletes under the same roof for three hours of musical performances, comedy skits, and science stunts.
How to Transfer assets between the Savings Wallet and the Credit Line Wallet?

How to Transfer assets between the Savings Wallet and the Credit Line Wallet?

NexoNexo03 May 2021 | 19:09 pm
In order to transfer your crypto assets from your Credit Line Wallet to your SAVINGS Wallet and vice versa please follow the steps below: Log in to your Nexo account. Scroll to the bottom of the page where all supported cryptocurrencies are displayed. Click on the "wallet" icon next to the assets you
Dispatch #33: J.P. Morgan Takes the Orange Pill

Dispatch #33: J.P. Morgan Takes the Orange Pill

NexoNexo30 Apr 2021 | 16:33 pm
J.P. Morgan is set to launch an actively managed Bitcoin product for its wealth management clients. The offering could be live as early as this summer. Tesla sells 10% of its crypto stash on the Nexo Exchange. The European Investment Bank is pricing $100M of two-year investment bonds on the Ethereum blockchain.
Changes to Our LTVs and Borrowing Rates Are Coming in May

Changes to Our LTVs and Borrowing Rates Are Coming in May

NexoNexo30 Apr 2021 | 01:10 am
Nexo is introducing a few updates to the terms of its crypto-collateralized credit lines. The borrowing rates will start at 6.9% APR, effective as of May 26, 2021 for all Nexo borrowing clients. The Loan-to-Value (LTV) ratios for 10 cryptocurrencies available as collateral on the Nexo platform will be lowered.