Crypto lender Nexo offers to buy embattled rival Vauld as market consolidates - CNBC


7/5/2022 12:00:00 AM2 years 10 months ago
by Ryan Browne

Vauld on Monday paused operations and said it was exploring restructuring options due to "financial challenges."

Bitcoin, the world's biggest cryptocurrency, is down more than 50% since the start of 2022. Beleaguered cryptocurrency lender Vauld has been thrown a lifeline from larger competitor Nexo, in a sign … [+2667 chars]

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