Nexo Hit With $500K California Fine Over ‘Unlawful’ Loan Practices

Nexo, a crypto lending platform, agreed to pay a $500,000 penalty after California regulators said it made thousands of loans without the proper state license. According to the California Department of Financial Protection and Innovation, the actions involved loans backed by crypto assets and raised concerns about how the...
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Weekly Crypto Market Update January 16, 2026

The second week of 2026 finally delivered the first real fireworks we’ve seen in a while, with Bitcoin breaking out of its multi-month trading range and Ethereum staking hitting all-time highs amid softer inflation data and renewed institutional flows. From macro relief to altcoin surges like Monero’s privacy breakout,...
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