Januar 2023

Yield App Acquires Trofi Group, Expands Crypto-Structured Products Suite

• Leading digital wealth platform Yield App has acquired Trofi Group, a platform that provides structured solutions for cryptocurrencies • The acquisition adds four structured products to the Yield App product suite, making it one of the leading digital wealth platforms • The team at Trofi Group has 30 years experience in derivatives desks at …

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Earn Stablecoin Rewards with Orange Financial’s Innovative Yield Farming Treasury

• Orange Financial is a multi-chain yield farming treasury that will launch on February 1st, 2023. • It is the only NFT project to offer stablecoin rewards through yield farming to its holders. • The Treasury takes care of all the compounding and harvesting on behalf of its holders and routes the returns back through …

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Authorities Raid Nexo’s Office On Money Laundering Allegations

Bullet Points: • Bulgarian authorities raided Nexo’s offices early this morning on allegations of money laundering and terrorism financing. • Nexo has confirmed the incident and is cooperating with the authorities. • More than 300 people are involved in the investigation. The Bulgarian Prosecutor’s Office has issued a statement early this morning, confirming the raid …

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Crypto Traders Lose $200 Million as Ether Hits Two-Month High

• Crypto short traders have lost more than $200 million due to liquidations as Ether hits a two-month high • The cryptocurrency market capitalization has risen by about 3.18% in the past 24 hours • Ether-tracked futures also saw liquidations worth about $110 million in both long and short positions The cryptocurrency market continues to …

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