Crypto lender Nexo confirms NYAG order, calls it a ‘mix up’

Cryptocurrency lending firm Nexo Financial denies the allegations of offering unregistered services to New Yorkers put forth by Attorney General Letitia James.
Attorney General James directed two unnamed crypto lending companies to cease operations On Oct.

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NY AG directs 2 crypto firms to shut down, investigates 3 others

The New York Attorney General’s office has alleged two unnamed crypto lending platforms operating in the state have engaged in unlawful activities and ordered three others to provide information on their businesses.
In an Oct.

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SEBA Bank launches problems for users to earn yield on crypto

Customers of Swiss-based financial institution SEBA Bank will soon be able to earn yield on their crypto holdings.
In an Oct. 13 announcement, SEBA Bank said investors could use its Bitcoin (BTC) and Ether (ETH) lending services to generate yields as part of its SEBA Earn program.

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Terra’s Anchor protocol hits $5 billion in TVL, LUNA’s price surges

Terra’s native savings protocol Anchor that offers high yield on stablecoins has reached a new milestone, recording $5 billion in total value locked (TVL).
On-chain demand for Terra (LUNA) is mainly generated by the top two protocols, Anchor and Mirror.

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