Nexo’s Approach to the Ethereum Merge 1️⃣ We fully support Ethereum’s new PoS era. 2️⃣ In the event of PoW forks, we will evaluate the logistics and support for distribution. If the network is healthy and has significant user value, we'd send the forked tokens into your accounts. 3️⃣ As a precaution and to ensure funds’ safety, Nexo will briefly pause new ETH and ERC-20 token top-ups and withdrawals during the Merge. 4️⃣ Swapping and borrowing against ETH and ERC-20 tokens and sending/ receiving assets from non-Ethereum networks will be possible 24/7. 5️⃣ The Merge culminates years of work towards a greener and more scalable Ethereum. No action is required to upgrade on your part and your assets will be secure, as always. Click here to learn more 👇

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Bear markets are for building. Join Antoni Trenchev, Co-founder & Managing Partner and Yasen Yankov, VP of Product Development, for a special AMA session, as they lift the curtains on our cutting-edge product, Nexo Pro, before its official release. Save the date and submit your questions by 15:00 BST on August 23 and we will answer them live on YouTube. 👉

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Get exclusive details and learn what makes Nexo Pro stand out in a crowded space. 🔔 Set a reminder, using this link:

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In this patch of your weekly Dispatch: 🔹 A path for crypto to tap central banking 🔹 A Tornado Cash dev gets arrested 🔹 $10M+ transfers dominate the BTC network

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If the crypto market was a weekly TV show, the writers truly outdid themselves in the last 100 episodes. We also played our part, building and delivering across all seasons. Let’s look back on it all in the anniversary 100th patch of your weekly Dispatch.

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New day, new way to diversify. Well, two new ways. A warm round of applause for FTX's $FTT & Huobi's $HT! The two exchange tokens land on Nexo with the option to buy, top up, swap, borrow against and use as Nexo Card collateral.

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An eventful Q2 is behind us. In the next few days we’ll highlight the novelties and upgrades we brought to the ever-expanding Nexo universe. Our first stop will be the latest buyback and upgraded insurance. Buyback Complete – May 18 marked the successful end to our $100M Buyback program. All repurchased tokens will be put toward investments in strategic targets, as a reflection of our dedication to sustainable growth. $775M Insurance – A fundamental pillar to our business model, our insurance went through a significant increase during this Q. Our robust policy, together with the efforts of our world-renowned partners, resulted in a bump to our total insurance on custodial assets to $775M. Get the full picture on our blog 👉

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A bit of optimism goes a long way. With that in mind, Optimism's $OP is live on Nexo. You can now do 0% fee card purchases, swap, borrow against, and back your #NexoCard with a dose of Optimism. Learn about our new listing and how best to utilize it.

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In this patch of your weekly Dispatch: 🔹 Collectible avatars on Reddit 🔹A 151-year-old bank opens a MakerDAO vault 🔹Nexo’s proposed Vauld acquisition

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Attention, #NexoCard holders, we’ve increased our cashback rates: 2% in $NEXO or 0.5% in $BTC for all. Regardless of your loyalty tier and for a limited time only. Summer shopping, anyone?

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Starting today, buy #crypto with 0% fees. Ze-ro. Need we say more? Enjoy the limited-time promo with your debit or credit 💳.

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4th of July is around the corner and a number of our US-based partners will be taking a break. We expect to see delays with some transactions, made between the end of the workday on July 1 and July 4. All fiat credit line withdrawals, and USDx wallet top-ups and withdrawals will be affected. As always, crypto and stablecoin withdrawals, as well as stablecoin credit lines, will remain available. Please plan your transactions accordingly.

The latest, hugely insightful AMA session with our Co-Founders Antoni Trenchev and Kalin Metodiev, CFA, is now available at your fingertips. The fundamentals of our operations, business philosophy and vision for the future – it's a read worth every minute.

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Consolidating the space so it can grow. Nexo is working with Citi on the strategic provision of liquidity to those that need it so that their clients who got hurt can recoup their funds. Financially strong, Nexo feels an obligation to lead the charge.

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#NexoFundamentals: Real-Time Auditing 🔍 In a pioneering move for the space, we became the first crypto lender to publicly open its books through an independent, real-time audit. The attestation shows that your assets are fully-backed, properly managed, and always available. An industry standard we encourage more crypto platforms to follow, our real-time audit is available here 👇

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We are a few hours away from our AMA: Nexo Fundamentals – Business Model & Growth Plans. 🎥 Tune in at 6 PM BST, when our Co-Founders Antoni Trenchev & Kalin Metodiev, CFA, will answer the burning questions of the hour. Don’t forget to set a reminder 👇

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Confidence comes from clarity. Starting today, we’ll highlight the five foundational principles behind our sustainable business model, designed to protect your assets regardless of market conditions. #NexoFundamentals: Insurance 🛡

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We have increased the combined insurance of the Nexo Wallet to $775M, making it the most comprehensive insurance on custodial assets in the #crypto space. Find more details on our blog below.

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“We’re planning on helping remedy the situation for the entire ecosystem (…) Acquisitions and consolidation is where we’re heading.” This and much more from Antoni Trenchev’s interview on BloombergTV from earlier today.

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Nexo has $0 exposure to Three Arrows Capital. Nexo has always differentiated itself from others as being a very conservative lender with stringent risk management and strict over-collateralization requirements, regardless of borrowers' reputation. Оver 2 years ago, we declined 3AC’s request for unsecured credit. We learned that they acquired it elsewhere. It is now obvious that Nexo’s approach was correct. This is why our assets exceed our liabilities:

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All Nexo products are operating normally – Borrow, Earn, Exchange, the Nexo Card. As always – deposits and withdrawals are processed instantly so that all of you can make the necessary arrangements in this latest downturn in the markets. Nexo is the first and only blockchain finance company to have a real-time audit of its custodial assets, showing that the company’s assets exceed its liabilities at all times which attests to Nexo’s liquidity and ability to meet all of its obligations. The Nexo team has never cheered for the failure of any blockchain business but we have warned that operating a sustainable business model based on prudent risk management is what differentiates Nexo and allows us to maintain financial stability in any market circumstances. As a sign of goodwill and in an attempt to support the digital asset ecosystem in these difficult times, yesterday we reached out to the Celsius team to offer our support, but our help was refused. We firmly believe that much can be done to help Celsius’ clients. Nexo is in а solid liquidity and equity position to readily acquire any remaining qualifying assets of Celsius, mainly their collateralized loan portfolio. We are putting together an offer to Celsius to that accord and will communicate it publicly.

Update: our platform is fully operational after some of you may have experienced difficulty accessing it. We apologize for the inconvenience. In the unlikely event that issues persist on mobile devices, we recommend an app reinstall.

Nexonians, we are aware of a technical issue you may experience when loading the app or the web platform. Our team is already looking into it. We will keep you duly updated in the comments below.

We're introducing a few changes to some of our Earn Crypto Interest rates on July 1. You can find more details below.

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Per Terra’s distribution plan, we've deposited the first 30% of the LUNA airdrop in your accounts. Make sure you disable Hide Zero Balances, so the assets are visible. We will continue to distribute the remaining LUNA on a quarterly basis. We appreciate your support & patience.

$RUNE lands on Nexo with a bang – an exclusive 18% APR for a limited time only. ⚡️ You know the rest – borrowing at 0% rates, instant swapping, buying with a card for #crypto rewards, and getting cash for your day-to-day with your #RUNE-backed #NexoCard.

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Want to dip your toes in the #NexoCard swag? Now it’s even easier, because from today Gold users can also order their physical Nexo 💳 and look awesome while earning #Bitcoin or $NEXO back with every purchase and enjoying no minimum monthly repayments. 👉

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Got friends? Well, we have a $50,000 prize pool. Put the two together and you get the #ReferralRace. Each referral: ✅ Brings you both $25 in #Bitcoin ✅ Brings you closer to a chunk of the prize pool Flex your social skills and join the race! 🏁 👉

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Yes, there is no ceiling as to how many people you refer. Meaning the rewards are virtually unlimited. If you end up in the Top 5 referrers, you’ll win $5000 in $NEXO from the prize pool. Find more details on our blog 👉

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$LUNA trading on the Nexo platform has been paused due to the migration to LUNA Classic. We will resume trading as soon as we are able to post-migration. In the meantime, our team is working out the logistics of supporting the Terra airdrop and Luna 2.0 in general. Rest assured that further updates on the topic will be made shortly and that we are focused on achieving the best outcome for our users.

🚨 Earn an exclusive 13% APR on your $TRX. Here’s another reason to buy or park your @tronnetworkEN assets at Nexo. Borrowing against them, spending their value with the #NexoCard, and now – even better earn rates. See the details 👇 and join before June 20.

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📢 Buy with Card is now available in another 100+ countries. The name of the game – seamless access to #crypto across the 🌍. Fund your wallet in seconds and never miss an opportunity again. Read more about it and jump right in. 👉

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Additionally, clients from the following countries will now have their card details automatically saved for future use. France Italy Spain Netherlands Canada Ukraine Switzerland Portugal Philippines UК They will also enjoy a 15X increase to $450,000 in their monthly card limit.

Community update: to give you the freedom to transact with LUNA and protect existing holders, we’ve re-enabled these sell-only pairs: LUNA/USDT LUNA/USDC LUNA/USDx LUNA/EURx LUNA/GBPx Crypto is a free market but we encourage you to be attentive and carefully manage your LUNA positions. We’re here to support you and will continue to monitor the situation closely every minute.

In this patch of your weekly #Dispatch: 🔹 #Crypto history in the making 🔹 Buy with 💳 becomes available in the US 🔹 #Inflation remains elevated 👉

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We are delisting #LUNA from the Nexo Exchange. The Earn Crypto Interest product for #LUNA & #UST has also been disabled. We apologize for any inconvenience this may cause.

Buy with Card is available to US clients! You can now purchase #crypto with your credit/debit cards in seconds and get... ✅ Crypto in just a few clicks ✅ The best prices with our Smart Routing System ✅ 0.5% in free crypto on each purchase Read more here 👇

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Our Co-founder Antoni Trenchev touched base with Bloomberg’s Matt Miller to discuss when large-scale buying will come back to #crypto. Watch the interview to hear his insights:

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Nexonians, Due to market volatility for UST, we will be temporarily disabling the following pairs: UST/BTC BTC/UST UST/ETH ETH/UST UST/LUNA LUNA/UST BNB/LUNA LUNA/BNB — The following pairs remain enabled: USDT/UST UST/USDT LUNA/USDT USDT/LUNA

Celebration time, c'mon! 🎉 This time our birthday cake is $10,000 in $NEXO. Care for a piece? Here’s the deal. Follow @Nexo, then like and quote retweet the post in the thread by adding to it the three things you love most about us. That's it! We'll split the 🎂 between 20 winners. Yum! Here’s the tweet you’re looking for 👉

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The #NEXO Token is listed on @binanceexchange! You can now trade $NEXO on #Binance with $BTC, $BUSD, and $USDT. Thanks Binance for the early birthday present. 😉

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You can now submit your questions for the #NexoCard AMA on Thursday. The section will be open until tomorrow, April 26, at 12:00 BST. 👉

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The best questions will be selected by our team and answered live.

In this patch of your weekly #Dispatch: 🔹New gains analysis from #Chainalysis 🔹Coinbase launches #NFT platform in beta 🔹 Australia approves #Bitcoin spot ETFs

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Heads up for a fascinating AMA. Our Co-Founder and Managing Partner Kalin Metodiev, CFA will elaborate on Nexo’s strategic investment in @mizar_ai – the next-gen platform, developing smart trading tools. ⏰ April 20, 17:00 BST, Twitter spaces:

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Check out Kevin Rose's PROOF podcast with a very special guest – our Co-Founder and Managing Partner Antoni Trenchev. 🎧Tune in for a great conversation on #NFTs, Nexo's #NFT Lending desk, and high-yield #crypto savings, among other topics du jour.

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Nexo top-ups just became even easier! This new integration lets you set up MetaMask as a single-click top-up source for your account. Use your #MetaMask wallet to transfer any supported Ethereum-based tokens & utilize the full range of Nexo's services.

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The #NexoCard is here! Welcome the only card that lets you spend the value of your #crypto without selling it! #Hodl while you spend with thе one-of-a-kind Nexo Card linked directly with your Instant Crypto Credit Line! Get yours now! The #NexoCard, in partnership with Mastercard & DiPocket, gives you all these perks and more: 🔹Up to 2% in #Crypto Rewards 🔹Crypto Credit from 0% APR 🔹No Monthly Fees 🔹A Free Virtual Card 🔹Free ATM Withdrawals 🔹Zero Fees

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Nexo’s Multichain Bridge just got a bit longer with 4 new supported assets on @polygonofficial – $ETH, $AAVE, $SUSHI & $LINK. Make seamless transfers on #Ethereum & #Polygon, and switch between chains for free. Save on gas, save on time with the #NexoBridge 🌉

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Introducing @NexoPrime. Prime brokerage reinvented for the #crypto age. 👉

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🌴The time has come!#NexoGoesMiami 🌴 once again! And, oh boy, do we have some amazing experiences in store for you this year! Curious? Check our blog for a glimpse into an epic #NexoBitcoin2022 edition. More to be unveiled, so stay tuned!

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In this patch of your weekly #Dispatch: 🔹The $UST #Bitcoin bid 🔹Nexo’s #multichain bridge goes live 🔹The EU’s #crypto wallet battle heats up

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Bye, high gas fees. 👋 The Nexo Multichain Bridge enables automatic and immediate transfers with no bridge fees for transfers between #ETH & #Polygon and introduces a cheaper and faster way to transfer assets to Nexo via the @polygonofficial network. The #NexoBridge launches with the @polygonofficial network being supported for $USDT, $USDC, and $DAI while $MATIC can now be sent to Nexo through the Ethereum network. This is only the initial phase and we are committed to adding more bridges for new assets and blockchains.

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BREAKING: Earn 12% on #ApeCoin. You won’t find this ApeCoin utility anywhere else. As with all other assets on Nexo interest is paid out daily. Buy, top up, or swap for $APE and start earning now! Find out more 👉

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The $NEXO Token is now available on Bitstamp! This listing on another top 15 exchange will boost our native token's liquidity and will create a new direct fiat-#NEXO on-ramp, increasing its accessibility. NEXO pairs & more on our blog:

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