WAO ART #391

Bitcoin miners are adding more computers and using record amounts of power in anticipation of the upcoming halving in April. Miners are increasing their computing power to validate blockchain transactions and earn Bitcoin before the halving reduces their rewards.

BlackRock, the world's largest fund manager, has surpassed MicroStrategy in Bitcoin holdings. BlackRock's iShares Bitcoin Trust now holds 195,985.3 BTC, valued at $13.58 billion. MicroStrategy's cryptocurrency holdings stood at around 193,000 BTC, equivalent to $13.394 billion.

China launched a crackdown on cryptocurrencies in 2021, leading to miners relocating to other countries. Chinese legislators are now proposing to accelerate legislation related to blockchain and provide clearer legal guidance. More research is needed in the blockchain field.

Binance's exit from Nigeria's crypto community has sparked both fears and opportunities. Local stakeholders believe that new crypto exchanges will emerge. The ban on Binance's naira operations is expected to impact the livelihoods of many Nigerians and potentially increase youth unemployment.

The Inter-American Development Bank has allocated approximately $160 million in donations to help Haiti. The grant aims to alleviate the economic and social crisis in Haiti. The funds can be used for food distribution, healthcare, and education to support the Haitian people.

Severe heat wave in Australia prompts festival organizers in Victoria to delay or cancel events. Authorities warn of increased risk of wildfires due to high temperatures. Moomba Festival cancels its 70th anniversary parade to ensure safety of participants.

Worldcoin, a biometric iris scanning project, has filed a complaint against the personal data protection agency in Spain. The company argues that the agency violated GDPR procedures when imposing a ban on its operations. Worldcoin is fighting back by suing the AEPD, Spain's data protection agency.