WAO ART #74

Dymension and Evmos are testing an EVM-compatible L2 rollup scaling solution for the Cosmos ecosystem, which aims to ease deployment of Ethereum applications on Cosmos. The rollup will be launched on Evmos, a blockchain within the Cosmos ecosystem, and will be compatible with the Ethereum Virtual Machine.

Argentina's government has announced that it will use the yuan instead of the US dollar to pay for imports from China, in an effort to preserve the country's dwindling foreign reserves. The move comes amid financial turbulence in Argentina, with the peso eroding against the US dollar.

Former US Vice-President Mike Pence has testified for over seven hours before a federal grand jury in Washington DC as part of an investigation into alleged efforts by Donald Trump to overturn his defeat in the 2020 election and the US Capitol riot on 6 January 2021.

Australia's oldest coal-fired power plant, the Liddell power station, has been shut down as the country pivots towards renewable energy. The plant, which provided about 10% of the electricity used in New South Wales, will be replaced by clean energy projects, including a hydrogen power plant.

Russian air strikes on cities across Ukraine, including Kyiv. The Russian defence ministry said its military had targeted Ukrainian army reserve units with the strikes. Ukrainian President Volodymyr Zelensky said the attacks showed further international action needed to be taken against Russia.

Rival factions of Sudan's military have agreed to extend a three-day ceasefire for another 72 hours, following diplomatic efforts by neighbouring countries, the US, UK and UN. However, there are continuing reports of heavy fighting in the capital Khartoum.

A Chinese Coast Guard ship blocked a Philippine patrol vessel in the South China Sea, causing a near collision in waters where Beijing's vast claims have alarmed the US and its allies. The Philippines has accused China of shadowing its ships and sending radio warnings to leave or face "consequences".