WAO ART #308

BlockShow, a global conference focused on blockchain and cryptocurrency, is teaming up with BlockDown Festival to host a Web3 event in Hong Kong in 2024. The event, called BlockShow X BlockDown Asia, will take place at Hong Kong's Cyberport venue and aims to turn the city into a Web3 hub for five to seven days.

The DFINITY Foundation has launched a European subnet on the Internet Computer Blockchain (ICP), providing GDPR-aligned infrastructure for decentralized applications (dApps). This subnet allows developers to release dApps in the European market that protect personal and financial data under GDPR regulations.

Cathie Wood's Ark Invest sold $59M worth of Coinbase shares and $15M worth of Grayscale Bitcoin Trust (GBTC) shares last week. This comes after Ark offloaded $56M in Coinbase shares earlier in the week. The firm sold a total of $58.8M in Coinbase shares, rebalancing its fund weightings amid a surge in COIN stock.

Brazil has surpassed Nigeria in terms of interest in Bitcoin, with El Salvador taking the top spot. Brazil's largest private bank, Itau Unibanco, has entered the cryptocurrency space, offering trading services and acting as a custodian of digital assets.

Australia's new central bank governor, Michele Bullock, has expressed support for a wholesale central bank digital currency (CBDC) over a retail version. Bullock cited the successes of recent CBDC case studies, particularly in interbank settlements.

GameChange Solar has signed an agreement with CEEC-ZTPC to supply solar tracker systems for a 560 MW capacity solar project in Egypt. The partnership aims to revolutionize the solar power industry and accelerate the adoption of renewable energy sources.

Solana Saga, Solana's flagship web3 phone, is reselling for up to ten times its original price on secondary marketplaces like eBay. The surge in demand is due to the popularity of Solana's leading Shiba Inu-themed memecoin, BONK, which comes bundled with the phone.