WAO ART

Canza Finance has teamed up with stablecoin issuer WSPN to enhance financial solutions in Africa and emerging markets. The integration of WSPN's WUSD stablecoin allows for seamless conversion of African fiat currencies, facilitating transactions like remittances and payments.

China has developed an AI model named DiTing, designed to predict earthquakes by monitoring seismic activity and detecting minute signal changes. DiTing processes extensive data from the China Earthquake Observation Network, satellite technology, and collaborates with neighboring countries.

France will begin accepting applications for Crypto Asset Service Provider licenses on July 1, 2024, ahead of the full MiCA regulations launch in December. The Autorité des Marchés Financiers (AMF) has outlined ten key aspects of MiCA legislation, focusing on client-side custody and trading platform operations.

Bitcoin has fallen to $60,661, marking a significant drop as the total crypto market capitalization lost $70 billion. The market downturn affected altcoins, with Ethereum dropping below $2,900 and major losses for SOL, DOGE, and BCH (6-7%).

Australian prosecutors are seeking prison time for Jatinder Singh, who spent nearly $7 million mistakenly sent by Crypto.com. The error occurred in May 2021 when Crypto.com accidentally sent $10.5 million AUD instead of a $100 refund due to a spreadsheet mistake.

The U.S. added 114,000 jobs in July, but the unemployment rate rose to 4.3%, raising speculation about a potential interest rate cut by the Fed. A possible rate cut in September could boost Bitcoin prices, with expectations of trading between $61K and $70K in August.

Brazil and Argentina launch a new Real-World Asset (RWA) platform, JusToken, aimed at tokenizing various physical assets like agriculture and energy. A Binance survey reveals that 95% of Latin American investors plan to increase their crypto holdings in the next year, with over half purchasing crypto monthly.