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Nexo's $3 Billion Arbitration Claim Against Bulgaria: Unveiling the Legal Battle

Nexo, a prominent crypto lending firm, has recently filed a $3 billion arbitration claim against the Republic of Bulgaria following a year-long criminal investigation into the company and its founders. In a press release on Wednesday, Nexo strongly argued that Bulgaria's investigation was unjustified and politically motivated, resulting in significant reputational damage and lost business opportunities estimated to be in the billions. The company, now cleared by the Bulgarian Prosecutor's Office, is seeking reparations for the financial harm suffered as a result of the investigation. Key Points: Nexo is one of 22 investors in Decrypt. The company had to abandon plans for a funding round with leading U.S. banks and an IPO on a major U.S. stock exchange due to the lawsuit. Nexo was finalizing a strategic alliance with a major European football club, which included the launch of a club-branded crypto payment card. Antoni Trenchev, co-founder of Nexo, emphasized that the arbi

Deloitte's Crypto Hiring Spree: Over 300 Job Postings on LinkedIn Show Commitment to Web3 and Blockchain Technology

As an Ethereum expert, I am thrilled to see that Deloitte is making a strong commitment to the world of Web3 and crypto. With over 300 job postings on LinkedIn, it's clear that the company recognizes the potential of this technology and is eager to bring on board the best and brightest minds in the field.

Here are a few reasons why I believe Deloitte's hiring spree is such a smart move:

1. Crypto is the Future

It's no secret that cryptocurrency and blockchain technology have the potential to revolutionize a wide range of industries, from finance and healthcare to supply chain management and beyond. By hiring experts in these fields, Deloitte is positioning itself as a leader in the crypto space, and is well-positioned to help its clients navigate this rapidly evolving landscape.

2. Top Talent is Hard to Find

As someone who works in the Ethereum community, I can attest to the fact that finding top talent in this field can be a challenge. With so much demand for skilled developers, engineers, and other crypto experts, it can be difficult to attract and retain the best employees. By offering competitive salaries and benefits packages, Deloitte is signaling that it is serious about building a world-class team that can deliver results for its clients.

3. Web3 is the Future of the Internet

Finally, it's worth noting that Web3 technologies have the potential to fundamentally change the way we interact with the internet. By building decentralized applications and systems that are powered by blockchain technology, we can create a more open, transparent, and trustworthy internet that is less reliant on centralized authorities. Deloitte's commitment to this vision is admirable, and I am excited to see the company work towards making it a reality.

In conclusion, I believe that Deloitte's decision to hire over 300 cryptocurrency experts is a smart move that reflects the company's commitment to Web3 and the future of crypto. By building a world-class team of experts in this field, Deloitte is well-positioned to help its clients navigate the complex and rapidly evolving landscape of cryptocurrency and blockchain technology. I look forward to seeing what this talented team can achieve in the years to come.


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