WAO ART #360

Chinese Bitcoin miners are reportedly moving their operations to Ethiopia due to the country's lower electricity costs and crypto-friendly government policies. Despite banning cryptocurrency trading, Ethiopia has embraced Bitcoin mining as part of its efforts to strengthen ties with China.

Korea Blockchain Week 2024 (KBW2024) is set to take place in Seoul from September 1-7, 2024. The flagship conference, KBW: IMPACT, will be held on September 3-4 and will feature industry luminaries and thought leaders in the blockchain space.

Petro-Victory Energy is optimizing oil production in Brazil's basins through strategic investments and a meticulous approach. The company has secured 100% operating and working interests across 41 licenses, covering 272,912 acres in two prolific basins.

Coinbase, a US-based cryptocurrency exchange, has stated in its "State of Crypto Report" that the use of blockchain technology could save American consumers $74B in credit card fees. By utilizing blockchain technology, merchants could have paid significantly lower fees.

GoDaddy, a leading hosting and domain company, has partnered with Ethereum Name Services (ENS) to allow users to connect their domain names with ENS names. This collaboration enables millions of GoDaddy customers to utilize their DNS domains in the ENS ecosystem.

A UK court is currently ruling on the claim made by Australian computer scientist Craig Wright that he is the founder of Bitcoin, Satoshi Nakamoto. Wright has been asserting this claim since 2016, but it has faced scrutiny from experts who argue that the secret BTC keys he presented as evidence had been compromised.

The UK government has pledged over £100 million ($126 million) to invest in AI research and training. The funds will be used to establish research centers, upskill regulators, and support research projects. The UK aims to keep up with rapid innovations in AI in Asia and North America.