WAO ART #255

Polygon (MATIC) has deployed contracts for its next-generation cryptocurrency, POL, on the Ethereum mainnet. This paves the way for POL to replace MATIC in the future. The POL token is designed to align with the architecture for the upcoming Polygon 2.0 upgrade.

Peru's energy and mines ministry has approved the environmental impact study for the 245MW Yuramayo solar project in the Arequipa region. The project, which is estimated to cost $66 million, will be carried out in two phases over a period of 12 months each.

Financial technology firm Ramp has partnered with Linea to bridge zkEVM (zero-knowledge EVM) with the global financial system. Through this collaboration, individuals from over 150 countries and territories will be able to acquire ETH and USDC directly via the Linea Network using the Ramp widget.

Solana, a potential rival to Ethereum, is gaining traction in the cryptocurrency market due to its affordable transaction costs and focus on the Indian market. Its cost-effectiveness is particularly appealing to Indian developers, especially during bullish market cycles when ETH fees tend to surge.

Nigeria is experiencing a crypto revolution as its citizens turn to like USDT and Bitcoin to preserve their wealth amidst a currency crisis and a falling Naira. This has led to a 9% increase in cryptocurrency adoption in the country. Binance has played a crucial role in driving this adoption.

According to a recent report from Chainalysis, North America, led by the US, is dominating the global cryptocurrency market. The region accounted for over $1 trillion in transaction volume from July 2022 to June 2023, with large institutional investors driving the majority of transactions.

Australia's communications watchdog, the Australian Communications and Media Authority, has fined Uber Aus $412,500 for sending over two million marketing emails to customers in breach of anti-spam laws. More than 500,000 of the emails were sent to people who had requested not to receive emails.