WAO ART #357

Australian gold producer Red 5 has agreed to acquire rival Silver Lake Resources in an all-stock deal to create a diversified, mid-tier gold company. The merged entity will have a pro-forma market capitalization of over A$2.2bn and four established mining hubs.

Trust Wallet has become the first Web3 wallet to receive the ISO 27001 and ISO 27701 certifications, recognizing its excellence in data security and privacy. The certifications were awarded by A-LIGN after a rigorous evaluation, highlighting Trust Wallet's commitment to user data protection.

El Salvador's Bitcoin-friendly president, Nayib Bukele, has won re-election with an overwhelming majority, securing 85% of the votes, according to his own claims. Bukele gained popularity for his crackdown on crime and gang violence, transforming El Salvador to one of the safest in the region.

Ault Alliance has reported that its subsidiary, Sentinum, mined approximately 121 Bitcoin in January 2024. Ault Alliance's operations include running a data center for Bitcoin mining, offering products for various industries, and providing credit through a lending subsidiary.

South Korea's Financial Services Commission (FSC) has proposed new amendments that would require regulatory approval for new executives joining cryptocurrency companies. This is aimed at addressing challenges in the existing legislation governing the South Korean crypto sector.

Former CFO of Terraform Labs, Han Chang-joon, has been extradited from Montenegro to South Korea to face charges including fraud, which could result in a life sentence. Han was handed over by officials of the NCB Interpol Podgorica and the Special Police Unit to the authorities in South Korea.

Flash Motors Corporation has signed a sponsorship deal with South African racer Jessica Howden. The partnership will see Howden become an ambassador for Flash Motors as they build a racing team. Howden, a rising star in the racing world, has already achieved notable success.