WAO ART #268

Athena Bitcoin, the company operating cryptocurrency ATMs in El Salvador, plans to integrate the Lightning Network into its machines. This move aims to enhance transaction speed and reduce fees. Currently, only 3.7% of the world's crypto ATMs support the Lightning Network.

Robinhood plans to launch its crypto services in Europe and the UK in the coming weeks, despite missing revenue estimates in Q3. The US fintech broker saw a 55% decrease in crypto-related revenue to $23m. However, the company still aims to expand globally and boost its revenue through.

Flywire, a global payments enablement and software company, has acquired StudyLink, a provider of international student admissions and application software in Australia. The acquisition aims to enhance Flywire's education payments business and accelerate its market share in the Australia.

Decentralized AI platform Ritual has raised $25 mln in a seed funding round led by Archetype, with participation from Accomplice and Robot Ventures. The platform aims to address the centralization of AI models by offering transparency, privacy, and computational integrity.

SEBA Bank, a Swiss crypto bank, has obtained a license from the Securities and Futures Commission in Hong Kong, allowing it to engage in regulated activities related to virtual assets. The bank plans to expand its global presence in Hong Kong by offering a range of financial solutions.

Nigeria's Dangote Refinery is set to open in December and will process crude oil from the state oil firm, NNPC Limited. The refinery is expected to receive up to six cargoes of crude oil this month for test runs. It will have a capacity of 650,000 barrels per day (BBL/d).

Circle Internet Financial, the company behind the USDC stablecoin, is reportedly considering an IPO in early 2024. Circle has expressed its goal of becoming a publicly traded entity. The potential valuation for the IPO is uncertain, but Circle was previously appraised at $9 billion.