WAO ART #408

BlackRock's tokenized fund aims to bring legitimacy to Ethereum and other public smart chains. The fund will encourage traditional institutional customers to adopt on-chain funds. This move is expected to drive institutional utility for Ethereum and other public blockchains.

15,000 Ethiopians returned money they withdrew from Commercial Bank due to a glitch. Commercial Bank of Ethiopia recouped over 80% of the lost money. $14 million was withdrawn or transferred during the glitch. Withdrawals ranged from 9 cents to $5,350. Glitch occurred during routine maintenance.

Brazil and 🇫🇷 France plan to establish a binational conservation unit in the Amazon. The unit will be a reference center for scientific research and sustainable development. They are committed to combating deforestation, protecting the Amazon, and developing the bioeconomy.

SingularityNet, Fetch.AI, and Ocean Protocol are merging their tokens to create the ASI token. The merger aims to boost AI innovation and reflects the growing interest in AI protocols. Regulatory scrutiny poses a challenge for the merger, but the potential benefits outweigh the risks.

Over $1.1 billion has been withdrawn from crypto exchange Kucoin following charges by the US Justice Department. The founders of Kucoin have been indicted for violating Anti-Money laundering laws. Despite the charges, Kucoin assures users of uninterrupted operations.

Kraken, a crypto exchange, is committing to growth in Ireland after a successful quarter. The company, founded in 2011, is one of the oldest and largest Bitcoin exchanges. David Ripley became the CEO in April 2023 and soon after, the company experienced a strong quarter.

New Zealand accuses China of launching a state-sponsored cyber-espionage operation. The operation targeted New Zealand's Parliament in 2021. The allegation comes after the U.S. and U.K. announced charges against Chinese hackers. New Zealand's defense minister condemns cyber interference.