WAO ART

The Polish Olympic Committee and Zetly have formed a groundbreaking partnership to digitize Polish sports, integrating blockchain technology. Zetly's platform introduces NFTs and club tokens. PKOL, a leader in Olympic sports development in Poland, aims to modernize sports structures through this collaboration.

In June 2024, a crypto market downturn led to a $300 billion loss in market cap. Amid this turbulence, Toncoin surpassed Dogecoin in rankings due to its strategic partnerships and ecosystem expansion. The market sentiment hit a low, with most top tokens facing losses.

Metaplanet Inc., a Tokyo-based firm, announced acquiring $6.25 million worth of Bitcoin using bond proceeds for long-term holdings. The company's stock surged 500% in 2024 post the BTC pivot. Metaplanet clarified their valuation approach for Bitcoin and its impact on financial statements.

The Australian Securities Exchange (ASX) debuts the VanEck Bitcoin ETF (VBTC), the first Bitcoin-backed ETF on the platform. ASX, handling 90% of Australia's stock market activity, lists the ETF with initial assets of A$990,000. The ETF invests in the US-based Bitcoin Trust (HODL), offering exposure to Bitcoin.

The Nigerian government refutes claims of poor prison conditions for detained Binance executive Tigran Gambaryan, stating he receives quality medical care and consular support. Nigerian SEC testifies against Binance on regulatory non-compliance.

The Salvadoran government introduces a Bitcoin banking bill, Argentina's president advocates for multi-currency competition, and a Wasabi Wallet dev criticizes Bitcoin's readiness in El Salvador. The bill aims to establish Private Investment Banks offering various financial services alongside legal tender.

Mt. Gox, a defunct crypto exchange, will distribute $9 billion in Bitcoin and Bitcoin Cash repayments in July 2024, offering relief to creditors after a 2014 hack. The process involves strict regulations, technical measures, and market intricacies. This news triggered a 5% drop in Bitcoin's value.