Nexo Australia has launched crypto-backed credit lines after becoming an authorised credit representative under Australia's consumer credit framework. Eligible clients can borrow Australian dollars or stablecoins against supported digital assets without selling them, with interest rates ranging from 0.9% to 21.9% depending on the product and loyalty tier. Loans are regulated and serviced under Avgi's Australian credit licence, while Nexo Australia manages applications and support. The service offers flexible repayment and no fixed term, but borrowing carries risks such as collateral liquidation if asset values fall. Nexo also reintroduced its yield product, Nexo Growth, offering returns up to 10% but without capital protection. This launch marks a significant step in Australia's expanding crypto credit market, combining credit, exchange, yield, and loyalty services on one platform subject to eligibility and credit checks.
Blackrock reports that Bitcoin's over 50% decline from its October 2025 peak is a correction due to leverage unwinding, institutional rotation to AI funds, and large holder selling, not a change in its investment thesis. The firm highlights a major l...
Onyx Gold Corp. announced assay results from nine new drill holes at its Munro-Croesus Project in Ontario, revealing significant high-grade gold mineralization within the Argus Gold System. Notably, hole MC26-340 returned 1.7 g/t gold over 67 meters,...
Pentavere, a subsidiary of HEALWELL AI, has been nominated for the 2026 International Prix Galien Award in the Best Startup category following its 2024 Prix Galien USA win. This nomination places DARWEN™ AI among top global healthcare innovations fro...
TOYO Co., Ltd announced strong financial results for the first half of 2026, with revenues rising 87.6% to $261 million and net income soaring to $45.8 million, up over 1700% from the previous year. This growth was fueled by a 62.5% increase in solar...
City View Green Holdings has amended its securities purchase agreement with ArkenYield, canceling the original deal and introducing a new transaction structure involving a private placement and corporate restructuring. ArkenYield has launched its tec...
