WAO ART #374

Brazil's federal revenue reached a record high of $56.13 billion in January 2024. This surpasses previous records since 1995 and represents a 6.67% increase from last year. Tax authority collections contributed $52.58 billion, showing a 7.07% rise from January 2023.

Andreessen Horowitz invests $100M in EigenLayer, showing faith in blockchain tech. EigenLayer specializes in restaking, a method similar to Ethereum's staking model. EigenLayer's use of restaking improves security and efficiency in transaction processing.

Michelin-star chef Clare Smyth was flown to Sydney in case she was needed to cook for Taylor Swift during her stay at the Crown Sydney. Smyth became the first British woman to win three Michelin stars and gained fame for catering Prince Harry and Meghan Markle's wedding.

South Africa is embracing digital finance, stablecoins, and blockchain technology. The government plans to modernize the financial system, empower marginalized groups, and support small businesses. Stablecoins will be included as a specific type of crypto asset within existing regulations.

Taiwanese businesses are leaving China due to rising political tensions and diversification strategies. Taiwan's foreign investments in China hit an all-time low of 11.4% in 2023, down from 83.8% in 2010. Taiwanese investments are moving to other countries such as the United States, Europe.

NVIDIA's strong earnings report has led to increased growth many altcoins. Despite the decline in BTC prices, altcoins that remained strong saw double-digit gains. The current outlook suggests continued growth in the field of artificial intelligence, giving investors more reasons to be hopeful.

Paris Saint-Germain (PSG) has become the first sports club to be a blockchain validator for the Chiliz Chain. PSG's role as a validator extends its engagement with the blockchain beyond issuing Fan Tokens. PSG will reinvest all validator revenue into buying back PSG Fan Tokens.