WAO ART #471

PayPal has launched its $PYUSD stablecoin on the Solana blockchain. The integration of $PYUSD on Solana will provide faster and more cost-effective transactions for PayPal users. This move solidifies PayPal's presence in the cryptocurrency market and attracts a broader audience.

Guinea-Bissau has launched a blockchain platform to strengthen wage bill management. The platform aims to enhance government operations, fiscal transparency, and governance. It is one of the first countries in sub-Saharan Africa to use blockchain technology for this purpose.

Bitfarms rejects acquisition proposal from Riot Platform. Riot Platform acquires 0.75% ownership of Bitfarms. Riot now controls 10% of Bitfarms' common shares. Riot's proposal to acquire Bitfarms' outstanding shares for $2.30 per share was unsuccessful.

Celo integrates Chainlink's Cross-Chain Interoperability Protocol (CCIP). Enhances security and efficiency of cross-chain transactions on Celo. Crucial for managing real-world assets tokenized on the platform. Chainlink's CCIP has facilitated transactions worth over $10.5 trillion.

Cathie Wood believes that El Salvador's economy could grow 10 times in the next five years if it continues to embrace Bitcoin and artificial intelligence. President Nayib Bukele's determination to make El Salvador a hub for Bitcoin and AI is the reason for this potential growth.

South Korea and the UAE signed a comprehensive economic partnership agreement. This is South Korea's first free trade pact with an Arab country. South Korean shipbuilders will construct at least six LNG carriers for the UAE. The UAE's sovereign wealth fund will invest $30 billion in South Korea.

France has lifted the ban on TikTok in New Caledonia after two weeks. The ban was imposed to control the spread of rioting during a state of emergency. Tensions arose in the French-Pacific territory due to indigenous protests over electoral reforms.