WAO ART #388

Tether and Uzbekistan's National Agency of Perspective Projects (NAPP) have formed a partnership. The collaboration aims to revolutionize Uzbekistan's blockchain and telecommunications sectors. The focus is on developing a legal framework for cryptocurrencies and enhancing digital currency payment infrastructure.

Elon Musk's Tesla and SpaceX own over $1.3 billion worth of Bitcoin. Tesla purchased $1.5 billion of BTC in January 2021 and has seen its holdings increase since then. Tesla sold a large chunk of BTC worth $936 million in the second quarter of 2022 during the bear market.

El Salvador's BTC holdings have surpassed $150M, showcasing the success of its adoption of crypto. President Bukele remains confident in holding onto Bitcoin for long-term gains, despite past criticism. Industry experts suggest that other nations may follow El Salvador's lead in embracing Bitcoin as legal tender.

Sydney-based Orca Technology has partnered with US security vendor Stellar Cyber to bring its Open XDR platform to Australia. Orca Tech's distribution deal includes access to Stellar's Open XDR platform, joint marketing initiatives, training programs, and support.

Nigeria's Central Bank partners with Gluwa to boost eNaira adoption. Gluwa's Credal technology will be used to create decentralized credit profiles for users. The partnership aims to address adoption challenges and enhance financial inclusion.

Portuguese citizens are selling their biometric data to Worldcoin in exchange for cryptocurrency. Spain has outlawed Worldcoin's activity and demanded that it stop using the data it has gathered. Around 4,000 people in Portugal are selling their irises every day to Worldcoin.

The Ethereum Dencun upgrade is approaching and there has been a significant increase in the amount of ETH burned. Over 1.5 million ETH has been burned, totaling over $5.6 billion at current prices. The number of burned ETH has surpassed the amount of ETH issued, making the network deflationary.