WAO ART #250

Michael Saylor from MicroStrategy has shared evidence supporting his Bitcoin strategy as a good play. He compared Bitcoin's performance since August 2020 to other major financial assets, showing that Bitcoin has soared by 147%, outperforming the S&P 500, Nasdaq Composite, physical gold, silver, and bonds.

Stéphanie Cabossioras, the former general manager of Binance France, has left the company, adding to the list of executives who have departed from the crypto exchange in recent months. Binance has also withdrawn from several European countries and temporarily halted new customer registrations in the UK.

Hong Kong customs have been urged to regulate over-the-counter (OTC) cryptocurrency shops due to the risks of money laundering. The commissioner of customs and excise, Louise Ho Pui-shan, highlighted the lack of licensing or regulatory regime for these shops, which has created gaps in regulation.

Renowned author Robert Kiyosaki, known for his book 'Rich Dad Poor Dad,' predicts that gold, silver, and Bitcoin will outperform fiat currency. He believes that once gold surpasses $2,000, it will experience significant growth, while Bitcoin is on track to exceed $100,000.

South African fintech firm Stitch has secured $25 million in extended Series A funding, with Ribbit Capital leading the investment. The funding will be used to expand its payment solutions and enter new markets. Stitch previously raised $6 million in seed funding and $21 million in its Series A round.

Brazil is facing an increase in cyber attacks, making it necessary for greater investments in cybersecurity. The country is currently the second most vulnerable to these attacks, with 45.9 billion attacks in the first half of 2023.

GrineoPay, a payment service app in Australia, is boosting the adoption of digital currency in the country. With the upcoming launch of their Grineo Wallet+Card in 2024, the company aims to empower individuals to manage their finances and embrace blockchain technology.