WAO ART #385

Former Binance executives launch Blum, a new crypto trading platform. Blum allows direct trades from wallets across multiple blockchains. The platform aims to revolutionize the crypto trading landscape. Blum has caught the attention of Binance's venture capital arm and secured a spot in its accelerator program.

El Salvador's bitcoin holdings have increased by 50% and the president has no plans to sell. The country became the first to adopt bitcoin as an official currency and invested state funds into it. A crypto market downturn in 2022 caused losses, but there has been a strong recovery.

Australian Effie Awards 2024 introduces AI category in marketing strategies. ACA emphasizes the importance of AI-driven efficacy in enhancing marketing effectiveness. Marketers invited to showcase how AI has revolutionized their campaigns.

BlackRock's Bitcoin ETF has reached $10 billion in assets in just 7 weeks after its launch. This milestone surpasses the first gold ETF, which took over 2 years to reach the same amount. Bitcoin ETFs are gaining traction over gold, indicating a possible change in investor preferences.

Egyptian fintech startup Moneyhash secures $4.5 million in seed funding round. Funding will be used to enhance technology and fund regional expansion. Funding round co-led by COTU Ventures and Sukna Ventures, with participation from other investors.

Taiwan's Financial Supervisory Commission (FSC) plans to propose a new crypto asset regulation draft in September 2024. The draft aims to enhance market regulations and ensure investor safety. Penalties for unlicensed Crypto Asset Service Providers will be included in the draft.

Ethereum's price has surged by 60% since late January, surpassing $3,500, ahead of the Dencun upgrade on March 13th, 2024. The Dencun upgrade (EIP 4844) will bring scalability, efficiency, and performance enhancements to the Ethereum network.