WAO ART #346

I Squared's Lightstorm has acquired subsea cable assets in the Pacific. The acquisition includes the JGA-North cable and portions of the JGA-South and SEA-US cable systems. The cables have a total length of 21,000km and 64Tbps allocated capacity, connecting the US, Guam, Japan, and Australia.

Over 10 decentralized applications in the Sui ecosystem have integrated zkLogin, a social authentication tool that simplifies Web3 login. This integration allows users to sign in with familiar web credentials such as Google or Twitch, eliminating the need for separate wallets or seed phrases.

Web3Intelligence, a wealth-building platform based in Zug, Switzerland, has raised $4.5 million in a private funding round with investors including DAO MAKER, Shima Capital, and Gate.io. The company plans to launch $DOPE, the native token of its Dopamine super app.

Cryptocurrency exchanges in Thailand are informing customers about upcoming tax changes and the implications for holding digital assets. The Thai government plans to make changes to crypto taxes this year, targeting crypto traders, miners, and those who earn in crypto.

The African Energy Chamber (AEC) has endorsed and partnered with the Africa Energy Technology Conference, which will be held in Ghana in March. The conference aims to drive innovation and sustainable solutions within Africa's energy sector. Ghana offers lucrative opportunities.

Bitwise Asset Management, the largest crypto index fund manager in America, has become the first US-listed spot Bitcoin ETF to publicly disclose its wallet address for its BTC holdings. This move sets a new standard for on-chain transparency in the ETF industry.

General Motors (GM) plans to invest $1.4 billion in Brazil between 2024 and 2028 to boost its production of electric vehicles. The investment will involve renewing GM's vehicle portfolio, developing new technologies for the local market, and upgrading the technology used at its factories in Brazil.