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Nexo to pay $45 million to settle SEC charges

Nexo reached a $45 million settlement with US regulators, including the SEC. The crypto lender allegedly offered unregistered securities via its Earn Interest Product. Nexo will pay $22.5 to state…

Australian crypto exchange Swyftx to cut 45% of staff amid crypto winter

Swyftx cuts 90 jobs as the cryptocurrency winter continues to affect more companies. The company follows exchanges like Coinbase, Bybit, and Kraken in reducing its employee headcount to cope with…