Uphold
Coverage of Uphold in the Nexus archive.
- Digital asset trading platform Uphold cuts 17% of global headcount as crypto winter bites
Digital asset trading platform Uphold has reduced its global workforce by 17% amid the ongoing 'crypto winter.' The layoffs reflect broader challenges in the cryptocurrency industry during a period of market downturn.
- New York AG settles for $5 million with Uphold in first enforcement action against a crypto yield product promoter
New York Attorney General settles with Uphold for $5 million in a first enforcement action against a crypto yield product promoter. The settlement targets a platform promoting someone else's crypto yield product. This is the first New York enforcement action of its kind.
- New York forces Uphold to pay $5M over fraudulent crypto investment scheme
New York Attorney General Letitia James secured a $5 million settlement from Uphold for promoting CredEarn, a crypto savings product that misled users about its risks. The case highlights regulatory scrutiny over deceptive cryptocurrency investment practices.
- Staking Sol on Uphold?
A user with a small amount of Solana (SOL) is considering staking it on Uphold, which offers a 4.8% APY. They are asking if this rate is competitive or if there are more rewarding alternatives.