WAO ART #351

Africarare has announced the launch of its $UBUNTU Token, marking the birth of Africa's first metaverse and ushering in a new era for the continent's digital economy. The token, inspired by the African philosophy of Ubuntu, aims to empower communities and promote positive change.

A recent survey conducted by Binance shows that 73% of Europeans remain optimistic about cryptocurrencies, despite the recent market correction. The survey, which included respondents from France, Italy, Spain, and Sweden, also revealed that 55% of Europeans exclusively interact with digital assets.

Standard Chartered Bank predicts that the Securities and Exchange Commission (SEC) will approve spot Ethereum exchange-traded funds (ETFs) on May 23. The bank expects Ethereum's price to potentially reach $4,000 if it follows a similar performance to Bitcoin before its ETF approval.

The Argentine government has removed the opportunity to legalize cryptocurrencies from an omnibus bill presented to Congress. Currently, holding cryptocurrencies in Argentina does not generate a tax obligation, but selling them and earning profits is subject to taxes.

The Hong Kong arm of Harvest Fund Management has submitted the first spot Bitcoin exchange-traded fund (ETF) application to the Securities and Futures Commission (SFC). If approved, this move will further solidify Hong Kong's position as a leading global crypto hub.

Animoca Brands has partnered with LightLink, an Ethereum Layer 2 blockchain, to integrate LightLink's technology into selected Animoca Brands projects. LightLink offers a subscription that allows businesses to operate gas-free on the Ethereum blockchain, eliminating the need for users to pay transaction fees.

The recent price slump in the cryptocurrency market, triggered by significant outflows from the Grayscale Bitcoin Trust (GBTC) in the United States, has led to crypto outflows in Europe and Canada. Digital asset products in Switzerland, Germany, Canada, and Sweden have experienced notable outflows.