WAO ART #395

Animoca Brands, a Hong Kong-based blockchain gaming and NFT firm, has invested in UAE gaming infrastructure startup Param Labs. The investment aims to accelerate Param Labs' scalable Web3 infrastructure and expand its ecosystem with over 50 intellectual property partnerships.

UK High Court rules that Craig Wright is not the creator of Bitcoin. The ruling ends the legal battle between Wright and the Cryptocurrency Open Patent Alliance (COPA). Evidence overwhelmingly proves that Wright did not author the Bitcoin whitepaper or create the Bitcoin system.

Binance executives remain detained in Nigeria without charges. Binance emphasizes commitment to compliance with local laws and regulations. Binance urges Nigerian authorities to engage in constructive dialogue. Binance has been cooperating with Nigerian law enforcement since June 2020.

Ecopetrol, Colombia's state-owned oil company, is facing leadership tensions amid President Gustavo Petro's. The Governance Committee has raised concerns about Petro's nominees lacking experience for board roles. The standoff reflects wider debates over reducing Colombia's fossil fuel dependency.

MicroStrategy acquires an additional 12,000 Bitcoin, valued at $822 million. The company now holds 205,000 Bitcoin, exceeding $15 billion in equity. The acquisition was financed through convertible notes and surplus cash. MicroStrategy's stock value surged by 11% following the announcement.

Elon Musk confirms Tesla will accept Dogecoin as payment for vehicles. Musk cites Dogecoin's grassroots support as a reason for the decision. He refers to Dogecoin as the "people's crypto". No timeline provided for when Dogecoin payments will be implemented.

Swedish electric boat maker Candela is launching hydrofoil ferry in Sweden and New Zealand. The hydrofoil "flies above the water" with minimal drag and wake, reducing energy usage by 80% compared to other electric vessels. Candela claims to have developed most of its technology in-house.