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RE: Nexo to acquire Vauld Exchange
Hi @alokkumar121
I recently read this news you share. It is a big problem this, I think everything is still very new in the CeFi environment, which has made that due to lack of foresight they are going through this difficult situation.
The bad thing is that they are affecting not only their investors but the entire crypto environment, that before the posibilidsd of closures and blocking of funds from other platforms will be withdrawing their assets.
Hi @josevas217
Overall cefi environment is bit risky because funds are in control of an entity and not community this is why its better to stay away from such platform but hope with nexo things will be better.