WAO ART #392

Localcoin ATM, a cryptocurrency ATM provider, is expanding its presence in Australia. Australian users can now buy Shiba Inu (SHIB) and Tether (USDT) from Localcoin's 166 ATMs. Shiba Inu has seen increased interest and adoption as memecoins gain popularity.

SEC Chair Gary Gensler declined to say whether Ethereum is a commodity, stating that it depends on the circumstances. Gensler emphasized the importance of transparent and truthful disclosures from banks to protect investors. He described the crypto market as highly speculative and volatile.

Nigeria's ban on Binance's naira transactions is causing concern among local cryptocurrency stakeholders. The ban is feared to increase youth unemployment and negatively impact livelihoods. Uncertainty around cryptocurrency regulation in Nigeria is undermining market confidence.

London Stock Exchange (LSE) will accept applications for Bitcoin exchange-traded notes (ETNs). The proposed ETNs will be physically backed and have reliable and publicly available value measures. LSE's decision reflects the growing demand for Bitcoin investments among traditional investors.

Equinor's Mendubim solar plant in Brazil has begun operations, increasing their equity power production in the country by 30%. The plant will annually produce 1.2 TWh of power, with 60% of it sold on a 20-year power purchase agreement with Alunorte. The remaining power will be sold in the Brazilian power market.

Cathie Wood of ARK Invest predicts Bitcoin will surpass $1 million before 2030. The rise in Bitcoin's value and the introduction of spot ETFs in the U.S. have influenced Wood's updated forecast. ARK Invest has revised its previous price target of $1 million by 2030, considering it too low.

Consortium of Korea's leading webtoon companies and Netflix's top drama production houses saw impressive results in their first month on zkSync. Over 4.5 million custom NFTs were minted by more than 824,000 unique users. Transaction volume reached $122.13k, with over 3 million total transactions.