Bulgarian offices of Nexo raided, Samsung listed active ETF Bitcoin Futures in Hong Kong, Trezor saw sales increase by 300%

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Legal News The Bulgarian offices of crypto lender Nexo have been raided by local police as authorities investigate suspicions of money laundering, tax offenses, computer fraud and other violations. More than 300 people are involved in the operation in Sofia, according to a statement from the Bulgarian prosecutor’s office. “We are still cooperating with the relevant authorities and regulators, and hope for some exciting news in the coming weeks,” Nexo tweeted. “Unfortunately, with the recent regulatory crackdown on crypto, some regulators have recently adopted the kick first, ask questions later approach,” he added. is expected to list the ‘Samsung Bitcoin Futures Active ETF’ on the Hong Kong stock market on Jan. 13, Investing.com reported. The ETF (exchange traded fund) is launched with the aim of tracking the performance of spot bitcoin (BTC) by investing in bitcoin futures products listed on the Chicago Mercantile Exchange (CME). Additionally, the Bitcoin futures ETF will primarily invest in CME Bitcoin Futures, alongside minor investments in CME Micro-Bitcoin Futures, he said. Leading investment firm WisdomTree released monthly metrics for December 2022, reporting: 16% organic growth company-wide, with net inflows in 7 of its 8 major product categories during the year ; Net inflows of more than $5 billion in the fourth quarter, WisdomTree’s best quarter since 2015; and 9 consecutive quarters of net inflows with record year-end assets under management (AUM) of nearly $82 billion. of FTX and the contagion suffered by other centralized crypto exchanges, an announcement said. Trezor has appointed former Chief Product Officer Matěj Žák as its new CEO. Žák assumes leadership of Trezor from co-founder Marek ‘Slush’ Palatinus, who will remain with the company, helping to guide the company’s strategic, technical and visionary direction. Žák will focus on improving the overall usability of Trezor’s products to help drive wider crypto adoption, he added. on Pontem Wallet. “The integration allows trading APT and other assets on the Liquidswap DEX, as well as interacting with other dapps using Ledger hardware wallets,” the announcement said.Exchange newsBinance reported that Binance Nordics AB had obtained registration as a financial institution for managing and trading in virtual currency by the Swedish Financial Supervisory Authority (FSA). This allows Swedish residents to access Binance’s crypto and Web3 services, including Euro deposits and withdrawals, buying crypto with Euro, trading, staking, and the Binance Visa Card. Blockchain newsAva Labs, the company developing the Avalanche Layer 1 blockchain, and Amazon Web Services (AWS) have partnered to accelerate blockchain adoption by businesses, institutions and government, according to an announcement. AWS supports Avalanche’s dapp infrastructure and ecosystem through AWS Marketplace, while Avalanche node operators can run in AWS GovCloud for FedRAMP compliance use cases, which is “a vital capability and a prerequisite for businesses and governments,” he said. , which promotes the Celo layer 1 blockchain and its ecosystem, unveiled its new brand identity and vision designed in collaboration with New York-based agency Red Antler, alongside a series of partner launches and awareness campaigns aimed at to the widespread adoption of Web3 by everyday users. worldwide, says a press release. “The evolution of the brand sees planned launches of Opera, GoodDollar and an NFT auction with Valora and Arigallery featuring artists from Celo’s global ecosystem,” he said. token holders to stake their HFT, earn rewards, and participate in Hashflow governance ahead of the full Hashverse launch, an announcement said. The Hashverse is the gamified, storyverse-based decentralized autonomous organization (DAO), powered by non-fungible tokens (NFTs), which is expected to be fully operational in the coming months, he added. raised $5.4 million for its seed round, with a valuation of $70 million, led by Shima Capital alongside Polychain Capital, Blockchain Capital, HASH CIB and Osmosis founder Sunny Aggarwal. The new investment comes from Anagram, Cosmostation, Keplr and Everstake, an announcement said. In total, Quasar has raised more than $11.5 million for the development of its cross-chain decentralized asset management (DAM) protocol, which is powered by IBC-enabled smart contracts and a dedicated Cosmos application chain, a- he added.

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