WAO ART

Mt. Gox has transferred 33.96K BTC, valued at $2.25 billion, to a Bitgo wallet as part of its ongoing redistribution efforts. This move is part of a larger plan to redistribute approximately $9 billion in Bitcoin assets to creditors affected by the 2014 hack.

Nigeria is launching an initiative to train 1,000 youth annually in blockchain and AI. The program aims to enhance skills in emerging technologies to compete with advanced economies. Vice President Kashim Shettima announced the initiative in Jigawa State.

Donald Trump unveils Bitcoin-themed sneakers as part of his 2024 Presidential campaign, showcasing a pro-crypto stance. The limited-edition sneakers are branded as the “Crypto President” and come in two styles: “Bitcoin orange” and “luxurious black.”

The European Central Bank (ECB) is planning two more rate cuts to support the struggling Eurozone economy. ECB President Yannis Stournaras highlights the negative impact of low economic growth on inflation. Rate cuts are expected to occur by the end of 2024, potentially in September or October.

Ripple is investing $10 million in tokenized U.S. Treasury bills on the XRP Ledger. The initiative involves Asia's largest tokenization platform, OpenEden, which will issue the T-bills. This marks the first time U.S. government debt will be available on the XRP Ledger for XRP holders.

New Zealand women's rugby sevens team is on a strong path to Olympic gold. The matches took place at the Stade de France, attracting a record-breaking crowd of enthusiastic fans. The team consistently proves they are serious contenders for the upcoming Paris Games.

Brazil's central bank maintains its benchmark interest rate at 10.50%. The global economic environment remains uncertain, influenced by U.S. easing cycles and inflation dynamics worldwide. Major economies' central banks are focused on returning inflation to target levels amid labor market pressures.