WAO ART #314

Nigerian startup Hyperspace Technologies Limited has secured a patent and trademarks for its blockchain-integrated contactless product authentication system, cipherCHIP tap2verify. The system combines NFC tags, NFTs, and blockchain technology to provide a novel approach to product authentication.

Solana's native cryptocurrency, SOL, has surged above $117, reaching levels not seen since Terra's collapse a year and a half ago. This surge coincides with the growing popularity of meme coins in the cryptocurrency space, which is increasing Solana's acceptance and appeal.

Coinbase, Circle, and a16z have collectively donated $78 million to Fairshake, a federal super PAC, to support pro-crypto lawmakers and influence stalled bills in Congress. The move comes as regulatory scrutiny on the cryptocurrency market intensifies in Washington.

Spenda Ltd has signed a 10-year agreement with Capricorn Society Limited, the largest automotive cooperative in Australasia, to provide software and e-commerce payment infrastructure. The deal will see Spenda customizing its payment infrastructure for Capricorn's members and preferred supplier network.

The Argentine Foreign Minister, Diana Mondino, has announced that financial contracts can now be denominated in Bitcoin or any other medium of exchange chosen by the parties involved. This indicates a shift away from solely using the peso as legal tender.

The Bulgarian Prosecutor's Office has closed its investigation into crypto lender Nexo, citing a lack of evidence of money laundering, tax offenses, computer fraud, or other crimes. In January 2023, authorities raided Nexo's Bulgarian office over suspected money laundering and tax violations.

Delhi has emerged as the cryptocurrency capital of India, surpassing Mumbai and Bengaluru in terms of the highest percentage of investors. A report by CoinSwitch revealed that Delhi has 8.8 percent crypto investors, while Mumbai and Hyderabad secured the second spot. Bengaluru ranked fourth with 8.3 percent.