WAO ART #270

Tesla is reportedly launching its first direct operation in South America by establishing a new team in Chile. The company has registered Tesla Chile, which will be involved in the import, export, manufacturing, marketing, distribution, and sale of vehicles, particularly electric vehicles.

The price of Ethereum surged by almost 10% to cross the $2,000 mark after it was revealed that BlackRock, the world's largest fund manager, has filed for a spot Ethereum exchange-traded fund (ETF) on Nasdaq. Coinbase will serve as the custodian for the ETH.

The Chicago Mercantile Exchange has surpassed Binance as the leader in Bitcoin futures open interest. This shift in dominance comes as Bitcoin reaches its highest value in over 18 months. The Securities and Exchange Commission has expressed concerns about market depth.

Liontown has awarded a contract to Mid-West LNG Pty Ltd for the supply of liquefied natural gas to its Kathleen Valley Lithium Project in Australia. The LNG will be used to fuel the 95 MW Hybrid Power Station. The LNG supply will begin in January 2024, in time for early commissioning activities.

UBS Group has partnered with HSBC to offer certain crypto-based exchange-traded funds (ETFs) to its Hong Kong clients. The move aligns with Hong Kong's efforts to establish itself as a hub for digital assets. UBS will make three crypto ETFs available to affluent clients on its Hong Kong platform.

MetaTrace is a blockchain game that merges GameFi with the real world. Its advertising platform, TraceAds, allows businesses to reach its 1.7 million active users who are motivated to view ads because they are rewarded with the platform's native tokens.

Zenith Bank is launching a pitch competition called Zecathon 3.0, in which Nigerian startups will have the chance to win a total of N59 million ($144,000). The competition, organized in partnership with Seedstars, aims to support and foster the growth of innovative startups in Nigeria.