WAO ART

Fintech company Tecban has introduced a tokenization platform called Nexchain to facilitate asset tokenization for third parties as part of Brazil's Drex CBDC pilot. Nexchain will be launched during the second pilot phase of Brazil's central bank digital currency (CBDC), Drex, focusing on various use cases.

Grace Brown of Australia wins the Olympic time trial in Paris, marking her country's first medal in this event at the Summer Games. The race took place on rainy, slippery streets, leading to several crashes, including one involving pre-race favorite Chloe Dygert.

The success of AI in Africa is heavily dependent on the availability of local language data, which is currently scarce. There is a significant skills gap in AI across the continent, with educational institutions not aligning with industry needs and limited practical learning opportunities.

Bitcoin and Ethereum prices are rising, fueled by excitement from the Bitcoin Conference 2024 and the launch of Ethereum ETFs. Bitcoin has bounced back 8% from a recent dip, currently surpassing $68,000, with predictions of reaching $13 million per coin by 2045.

WazirX introduces a $230 million recovery plan following a cyberattack, allowing users to access 55% of their assets immediately while 45% is locked in USDT. Users must choose their asset management option by August 3, 2024, with instructions provided via email and the WazirX app.

JPMorgan Chase raised its financial reserves from $1.88 billion to $3.05 billion in Q2 2024, anticipating economic risks. Bank of America and Wells Fargo also increased their provisions, reflecting a collective effort among major banks to prepare for potential defaults.

BingX has launched a pre-market trading feature for early access to coins. The feature aims to improve liquidity and price discovery for users. The initiative is expected to draw more traders to the platform due to its reputation for early listings.