WAO ART

The German government has transferred 832.7 BTC, worth $52 million, out of its account. 282.7 BTC, valued at $17.65 million, were moved to Bitstamp, Coinbase, and Kraken. This is part of an ongoing sell-off of confiscated BTC assets by the German authorities.

Europe's largest crypto miner, Northern Data, plans to have an IPO in the US in 2025. The IPO could value the company up to $16 billion and is expected to happen in the first half of next year. Northern Data is in talks with advisers for its AI cloud computing and data center businesses.

South Korea is implementing new conduct rules for over 1,300 cryptocurrencies. The rules will be enforced starting July 19, 2021. The primary objective is to enhance investor protection. Existing projects will undergo reevaluation, and future token listings must meet certain criteria.

Defunct Silvergate Bank and its parent company hit with $63m fine and SEC lawsuit. SEC accuses Silvergate of securities fraud and misleading investors. Bank allegedly failed to detect $9 billion in suspicious transfers by crypto exchange FTX.

The EU is actively supporting Nigeria's renewable energy sector. Renewable energy is seen as the way forward for Nigeria. The EU is a major partner and donor in Nigeria's energy sector. Nigeria has abundant sun and wind resources, making it a prime location for renewable energy projects.

Oceania Cruises is having their Annual Summer Sale. 50 global voyages are included in the sale. Up to 40% off on these voyages. Culinary- and destination-focused cruise line. Explore off-the-beaten-path ports and landmark cities across six continents.

Iraq-Brazil trade exceeded $1.25 billion in 2023. Iraq's exports to Brazil accounted for 1.7% of the total trade volume. Iraq mainly exported mineral fuels and oils to Brazil, totaling $2.394 million. Brazil exported 56 different commodities to Iraq, including sugars, oilseeds, fruits, and meat.