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Bithumb
2026-08-21 04:22:32

Bithumb to list NEXO in KRW market with temporary trading curbs

South Korean exchange Bithumb said it will add trading support for NEXO (NEXO) in the Korean won market, according to an exchange notice cited by ChainCatcher. The listing will support deposits only through the Ethereum network, and deposits made through other networks will not be accepted. Bithumb said deposits and withdrawals are expected to open within two hours after the announcement was posted, while trading is scheduled to begin at 13:00 on Aug. 21, 2026. The exchange also laid out temporary controls for the initial trading window. Buy orders will be blocked for the first five minutes after trading starts. During the same opening five-minute period, sell orders cannot be placed below 10% of the reference price or above 100% of that price. For about two hours after the market opens, only limit orders will be allowed.

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Bithumb to list NEXO in KRW market with temporary trading curbs
Nexo
2026-08-19 10:20:27

Nexo rolls out regulated crypto-backed credit lines in Australia

Nexo Australia has launched regulated crypto-backed credit lines that let eligible users borrow Australian dollars or stablecoins against their digital assets without selling them. The company said the product went live after Nexo Australia became a credit representative under Australia’s National Consumer Credit Protection Act. Funds are generally available within 24 hours, repayments are flexible, and there is no fixed term or origination fee. Interest rates range from 0.9% to 21.9%, depending on the type of credit line and the client’s loyalty tier. Nexo Australia general manager Peter Stanhope said customers can choose between Smart and Standard credit lines, with differences centered on rates, supported assets and how collateral is handled if the loan-to-value ratio rises. Nexo also warned that borrowing against digital assets carries margin-call and liquidation risk, meaning clients could lose part or all of their collateral if prices fall. The launch puts Nexo among a small group of crypto platforms offering regulated crypto-backed lending products in Australia.

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Nexo rolls out regulated crypto-backed credit lines in Australia
Bitcoin
2026-08-07 08:20:18

Whales added over 20,000 BTC as spot ETF inflows topped $754.69 million, but analysts say Bitcoin still needs $65,000

Fresh buying has returned to the Bitcoin market, but price has yet to break out. On-chain data from Santiment shows whale and shark addresses holding between 10 and 10,000 BTC have accumulated more than 20,000 BTC since July 29, worth about $1.2 billion at current prices. The buying has been concentrated in the consolidation range after Bitcoin slipped below $65,000. Santiment said that with large holders accumulating while retail traders sell in fear, the odds of Bitcoin moving above $70,000 now appear stronger than the chance of falling below $60,000. On the institutional side, SoSoValue data shows U.S. spot Bitcoin ETFs took in $754.69 million this week, putting them on track for their best weekly performance since April. Nexo analyst Liya Kalchev said ETF inflows have exceeded $500 million so far in August, with more than $240 million coming in on Wednesday alone. Even so, she said the muted price response suggests some of the new demand may be tactical and short term. In her view, Bitcoin still needs to break and hold above $65,000 to re-establish a bullish trend, while delays around the CLARITY Act remain the main near-term overhang.

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Whales added over 20,000 BTC as spot ETF inflows topped $754.69 million, but analysts say Bitcoin still needs $65,000
Bitcoin
2026-08-07 04:53:33

Dormant 15-Year-Old Bitcoin Wallet Moves Nearly 50 BTC Worth $3.2M

According to Odaily, a bitcoin wallet that had stayed dormant for about 15 years transferred nearly 50 BTC on Thursday, with the moved coins valued at roughly $3.2 million. The address in question had been inactive since it received 49.97 BTC in 2011, when the price of bitcoin was around $10. At that price, the original stash would have been worth about $500. The coins were then sent to a SegWit address. The destination address has prior on-chain history: it previously sent bitcoin to institutional brokerage FalconX and also received funds from wallets connected to Nexo and Prime Trust. The newly transferred BTC remains in that address and has not been moved further. The transaction surfaces as long-term holders review old storage arrangements after Coldcard hardware wallets suffered a major vulnerability attack. No evidence currently connects the 2011 wallet to that Coldcard vulnerability, according to the report.

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Dormant 15-Year-Old Bitcoin Wallet Moves Nearly 50 BTC Worth $3.2M
Nexo
2026-07-29 08:26:31

Nexo keeps EEA operations running through two MiCA-licensed partners

Crypto lending platform Nexo said it is maintaining operations in the European Economic Area through two Germany-based licensed partners, Tangany and DLT Finance. Under the arrangement, Tangany provides digital asset custody, while DLT Finance supplies brokerage and trade execution infrastructure. Nexo said both firms hold authorizations under the Markets in Crypto-Assets framework, or MiCA, as well as MiFID II. The company also drew a line around which services fall within that setup. According to Nexo, its Earn yield product and crypto-backed loans are outside the scope of the partners’ licenses and remain separate products. The update comes after MiCA’s transition period ended on July 1, when unauthorized crypto service providers were required either to stop operating or move clients elsewhere. Nexo said the partner model allows its regulated services to continue in the EEA and helps it avoid a broad suspension of operations.

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Nexo keeps EEA operations running through two MiCA-licensed partners