WAO ART

Nigeria is embracing IPv6 as part of its digital transformation strategy, leveraging future technologies like blockchain and AI for growth. The recent “Digital Nigeria” conference and “IPv6 Summit” in Abuja focused on digital adoption, cybersecurity, and Nigeria's roadmap to IPv6.

El Salvador's Bitcoin holdings reached 5.87k BTC by September 1, 2024, showing steady growth despite market volatility. Bitcoin's price fluctuated between $57,900 and $58,500 in early September, with a brief dip below $58,000 before recovering. Bukele acknowledged challenges in achieving widespread Bitcoin adoption.

Bitcoin struggles to maintain a price above $60,000, facing increased selling pressure as it dipped below $58,000 on September 1. Analysts are divided on Bitcoin's future, with concerns over miners selling 2,655 BTC worth around $154 million, adding to the downward pressure.

New Zealand will implement the OECD's digital asset reporting framework by April 2026 to combat tax evasion. Digital asset service providers must collect user transaction information starting April 1, 2026, and report it to the Inland Revenue by June 30, 2027.

The SEC is facing backlash for its vague stance on stablecoin repayments in the FTX bankruptcy case, similar to its actions in the Voyager bankruptcy. In a recent filing, the SEC warned it may oppose plans to repay creditors with stablecoins, citing potential legal issues without declaring them illegal.

TON's DOGS memecoin has dropped 30% from its peak, losing over $260 million in value amid a broader market decline. The decline follows a problematic airdrop announcement that caused system outages and left many eligible accounts unable to claim their tokens.

Bybit Türkiye launches direct Turkish Lira (TRY) trading pairs for BTC, ETH, and USDT, enhancing the local trading experience. Effective from August 30, 2024, users can trade cryptocurrencies directly with TRY, eliminating the need for currency conversion.