Blockchain
Ethereum (1)
Description
# ArtChain Day 602
## Phrase of the day #601
Fast is slow only without breaks.
##### Day #601 in Arweave Permaweb
[Link](https://lqxcq2ahtq6ej4gfrrfxsqajruyrikcw75bigvmmqsbbgstrtqla.arweave.net/XC4oaAecPETwxYxLeUAJjTEUKFb_QoNVjISCE0pxnBY)
##### News of day #602:
| Continent | News |
| ------ | ------ |
| Asia | Bahrain National Bank (NBB) introduces a Bitcoin-focused structured investment fund, the first of its kind in the Gulf Cooperation Council (GCC). The fund aims to provide capital protection and diversify investment portfolios for accredited investors in the Gulf region. |
| Africa | SiBAN accuses creators of fraudulent meme coins in Nigeria of disrupting the Association's work on cryptocurrency regulation. President Obinna Iwuno and Trustee Barr. Mela Claude Ake dismissed a recent claim about the executive's dissolution as a mere distraction in a jointly released statement. |
| Latin America | Uruguay has passed a new cryptocurrency law, signed by President Luis Lacalle Pou, providing regulatory clarity for crypto businesses in the country. The law establishes oversight by the Central Bank of Uruguay for virtual asset service providers (VASPs) and introduces regulations for decentralized securities. |
| Crypto | Bitcoin's hashrate is nearing its record high of 693 EH/s, currently at 680 EH/s as of Oct. 7, 2024. Block times are averaging around 9 minutes and 41 seconds, faster than the typical 10-minute interval. A 3.22% difficulty increase is expected as of Oct. 9, following a recent drop of 4.6% on Sept. 25. |
| Oceania | Australian Federal Police (AFP) seized $9.3 million in cryptocurrency during Operation Kraken. The operation led to the apprehension of a 32-year-old man accused of masterminding Ghost, an encrypted communication platform. |
| North America | The US Health Sector Cybersecurity Coordination Center (HC3) has alerted about Trinity ransomware, which has already impacted at least one healthcare entity in the US. Trinity ransomware uses phishing emails, malicious websites, and software vulnerabilities to infiltrate systems and encrypt sensitive data. |
| Europe | 21.co and Crypto.com have announced a strategic partnership to enhance Bitcoin liquidity and user access to crypto. 21.co Wrapped Bitcoin will source liquidity from Crypto.com, utilizing its deep liquidity and competitive fees. Both companies plan to build on this partnership with more announcements in the future. |
##### Secret hash:
*0dbbe6d893a826ec*