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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

# Gucci Cosmos Exhibition: A Captivating Journey Through Fashion and Technology

Gucci's Cosmos exhibition in London is far from the traditional fashion retrospective one might expect. Conceived by British impresario Es Devlin and curated by fashion historian Maria Luisa Frisa, the exhibition aims to generate emotion and utilize technology to do so. The goal is to recontextualize famous pieces of Gucci history within the history of technology and human relationships. Visitors are welcomed into the exhibition through a reproduction of the elevator that Gucci himself worked in at the Savoy Hotel in London. This simple yet effective device, accompanied by a storytelling soundtrack, transports visitors back in time and sparks their imagination.

The Gucci Cosmos exhibition is a celebration of the house's most famous designs, but it goes beyond just displaying mannequins and garments. It is an immersive experience that aims to evoke feeling and wonder through the use of technology. Es Devlin, known for her work on projects such as the Olympics, Super Bowl, and Beyoncé's Renaissance tour, explains that the feeling she wants to evoke comes first, and then she finds the technology to evoke that feeling. This approach allows for a unique and captivating experience for visitors.

One of the highlights of the exhibition is the entrance, where visitors are greeted by a static reproduction of the elevator Gucci worked in at the Savoy Hotel. Video screens behind two-way mirrors give the illusion of movement, making it appear as though the elevator is traveling up the seven floors of the hotel. This experience is enhanced by a carefully crafted soundtrack that tells the story of Gucci's inspiration at the Savoy Hotel. This combination of visuals and sound effectively transports visitors back in time and immerses them in Gucci's history.

The history of the Savoy Hotel itself adds another layer of significance to the exhibition. The hotel, founded by Richard D'Oyly Carte, was originally opened to provide accommodation for opera goers attending performances at the nearby Savoy Theatre. The top rooms of the seven-story building were initially inexpensive because patrons were hesitant to climb the stairs. This historical context adds depth to the experience and allows visitors to understand Gucci's inspiration and the significance of his time at the Savoy Hotel.

Overall, the Gucci Cosmos exhibition is a unique and innovative approach to a fashion retrospective. By combining technology, storytelling, and historical context, it creates an immersive experience that evokes emotion and transports visitors to another time. This exhibition showcases Gucci's most famous designs in a new and captivating way, redefining what a fashion retrospective can be.

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