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G20 Leaders Launch Global Alliance Against Hunger and Poverty, Highlighting Nigeria’s Dire Situation

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World leaders from the Group of 20 (G20) inaugurated the Global Alliance Against Hunger and Poverty during the opening session of the 19th G20 Heads of State and Government Summit in Rio de Janeiro, Brazil, on Monday.

The ambitious initiative aims to implement transformative measures to eradicate hunger and reduce poverty globally between 2025 and 2030.

The alliance, endorsed by all G20 member countries, empowers a task force to focus on practical activities addressing food insecurity and poverty, which disproportionately impact developing nations. Nigeria, with the majority of its population living below the poverty line, is one of the most severely affected countries and stands to gain significantly from the alliance’s success.

Brazilian President Luiz Inácio Lula da Silva, who spearheaded the alliance, emphasized the importance of collective global action. He noted that more than 80 countries and numerous government and civil society organizations have pledged their support.

“The alliance will mobilize funds and knowledge toward implementing proven public policies and social programs to combat hunger and poverty,” Lula said, highlighting Brazil’s successful experiences with the Zero Hunger and Bolsa Família programs, which lifted millions of Brazilians out of extreme poverty during his previous presidential tenure (2003–2010).

Lula stressed the need for urgent action, describing hunger and poverty as “a biological expression of social ills” rather than a result of resource scarcity. He noted the paradox of global inequality, with the world producing nearly 6 billion tons of food annually while allocating $2.4 trillion to military spending.

“It’s not just about doing justice. This is an essential condition for building more prosperous societies and a world of peace,” Lula remarked.

Financial and Operational Framework

The alliance is designed to accelerate investments and create scalable solutions for poverty reduction. Lula confirmed that international financial institutions and national development banks have rallied behind the initiative. For instance, the Inter-American Development Bank (IDB) has pledged to seek authorization for a $25 billion loan package to fund projects across Latin America and the Caribbean.

To ensure sustainability, the alliance will operate autonomously from G20’s rotating presidencies, with bases in Brasília, managed by the Brazilian Cooperation Agency, and in Rome, through the Food and Agriculture Organization (FAO).

Global Perspective on Hunger and Poverty

The initiative comes at a critical time, as the world faces rising inequalities and a worsening hunger crisis. The Food and Agriculture Organization (FAO) estimates that 733 million people worldwide are suffering from hunger—a number that has grown alarmingly in recent years due to conflicts, climate change, and economic downturns.

The Nigerian Context

As one of the most affected nations, Nigeria exemplifies the critical need for the alliance. With over 200 million people, the country struggles to provide basic amenities for its population.  In 2024, the World Bank estimates that 56% of Nigerians live below the national poverty line, up from 40.1% in 2018. This is due to population growth and high inflation, which have outpaced economic growth. This means that more than 100 million Nigerians face severe financial hardship and are unable to afford essential goods and services.

Nigeria’s food insecurity crisis is equally alarming, with millions suffering from hunger due to economic instability, insecurity, and climate challenges. The ongoing conflict in the northeast has displaced countless families, further compounding food shortages and poverty levels.

In 2024, the World Bank estimates that more than 1 million Nigerians will face a severe food crisis, adding to the 64 million reported in 2023.

An Invitation for Broader Participation

President Lula urged non-G20 countries to join the alliance, emphasizing its inclusive nature and commitment to tackling global poverty.

“Those who have always been invisible will be at the centre of the international agenda,” he said, underlining the need for coordinated efforts to address the root causes of hunger and poverty.

For Nigeria, the Global Alliance Against Hunger and Poverty represents a lifeline amid growing challenges. The country’s government has expressed optimism that the initiative will channel much-needed resources and technical expertise to address its multifaceted poverty crisis.

However, achieving tangible results will require Nigeria to complement global efforts with domestic reforms, particularly in areas such as agriculture.

Nigerian president, Bola Tinubu, who is also at the G20 Summit, said “Nigeria is ready to leverage international cooperation to meet Sustainable Development Goals, particularly zero hunger and poverty eradication while improving citizens’ lives.”

“In my address to fellow world leaders at the G20 Summit in Brazil, I endorsed the creation of the Global Alliance Against Hunger and Poverty, championed by President Lula,” he said. “This bold initiative aligns with my administration’s renewed hope agenda and our commitment to eradicating poverty and fostering sustainable development.”

The G20 summit in Rio de Janeiro said it will continue to outline further commitments and strategies for operationalizing the alliance, marking a pivotal step toward a world free from hunger and poverty.

“This Global Alliance unites governments, international organizations, and civil society, to address both immediate needs and structural causes of hunger and poverty,” Tinubu added.

Which Platforms Are Offering Free Crypto in 2024? Check Out Plus Wallet, MoonPay, and Bitget for the Best Rewards!

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Gathering crypto rewards is now more straightforward and diverse than ever. MoonPay and Bitget Wallet have revolutionized earning opportunities through innovative referral schemes, convenient spending options, and token reward initiatives. MoonPay introduces a streamlined method to handle fiat within decentralized settings with its Balance feature, while Bitget Wallet’s Refer2Earn promotes enduring rewards through referrals and its Coin Earners programs.

However, Plus Wallet  extends beyond the usual, incorporating numerous earning avenues like staking, time-sensitive token enhancements, and an extensive Invite & Earn scheme, offering a holistic and flexible method to augment your digital assets.

MoonPay Bridges Fiat and DeFi with New Balance Solution

MoonPay recently unveiled “MoonPay Balance,” a smooth solution that allows users to maintain fiat balances for decentralized transactions. Compatible with non-custodial wallets such as MetaMask and Uniswap, MoonPay Balance reduces the complications of high fees and transaction declines typical in standard crypto purchases.

Moreover, users can replenish their MoonPay Balance and make purchases throughout its extensive 300+ partner network without incurring MoonPay fees, although other network and partner fees may apply. Presently operational in the UK and Europe, MoonPay plans to broaden its reach to the US shortly. Additionally, MoonPay complies with Australian AML/CTF regulations through registration with AUSTRAC, enhancing its service in Australia.

This strategic initiative enables MoonPay to offer local payment alternatives and support the increasing adoption of crypto in Australia, with CEO Ivan Soto-Wright envisioning crypto wallets as central financial hubs granting complete control over assets.

Bitget Wallet Launches Refer2Earn Program

Bitget Wallet introduces Refer2Earn, an innovative addition to its Earn Center, allowing users to earn consistent income over six months by inviting friends. This program provides sustained rewards; users receive an initial bonus when friends join and a 10% airdrop bonus when those friends engage in Coin Earners campaigns.

Significantly, there is no cap on the number of invitations, and the Coin Earners activities offer rewards in both tokens and points from well-known projects, providing a cost-effective method to increase earnings. So far, Bitget Wallet’s Earn Center has distributed over $1.878 billion in tokens and points, showing significant earning potential.

Plus Wallet: Maximizing User Rewards with Versatile Earning Options

Plus Wallet sets itself apart as a Web3 wallet that goes beyond secure crypto storage, offering users multiple opportunities to grow their earnings through innovative features. Its “Invite & Earn” program is a standout, enabling users to earn rewards for every friend who joins through their unique referral link. As those friends continue using the wallet, the potential for ongoing rewards grows, providing a reliable income stream.

Another key feature, “Stake & Earn,” allows users to earn passive income by staking their digital assets directly within the wallet. This function supports multiple cryptocurrencies, enabling users to diversify their portfolios while enjoying steady returns. It’s a convenient option for both new and experienced investors looking to maximize their holdings.

Additionally, Plus Wallet introduces “Token Boosters,” which offer enhanced returns on select tokens or projects during promotional periods. This feature creates timely earning opportunities, keeping users engaged and informed about potential gains.

By combining these features with a user-friendly interface, Plus Wallet provides an inclusive platform suitable for all levels of crypto enthusiasts. Whether someone is exploring crypto for the first time or managing a seasoned portfolio, Plus Wallet makes asset growth simple and rewarding, cementing its position as a versatile and engaging Web3 solution.

Final Take

MoonPay, Bitget Wallet, and Plus Wallet each offer unique methods to earn and engage with digital assets. MoonPay simplifies fiat-to-crypto transactions for decentralized finance, Bitget’s Refer2Earn encourages ongoing participation through referrals, and Plus Wallet excels with its comprehensive rewards strategy, blending referral bonuses, staking, and token boosters for a dynamic asset growth experience.

 

Explore Plus Wallet:

Website: https://pluswallet.app/

Download: https://onelink.to/pluswalletapp

Twitter: https://x.com/pluswalletapp

Instagram: https://www.instagram.com/pluswallet.app/

Crypto.com Lawsuit Makes Traders Cautious; Plus Wallet Emerges as the Top Crypto Wallet for 2024

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In the rapidly evolving cryptocurrency market, the need for reliable and secure storage solutions has never been more pressing. According to Crypto Briefing, the increasing desire for smooth access to assets has elevated hot wallets to a preferred status for many users. Amidst them, Plus Wallet has captured attention with its high-level security features, easy-to-use interface, and multi-blockchain support. With regulatory scrutiny intensifying, especially after events like Crypto.com’s legal confrontation, having a trustworthy hot wallet becomes essential for protecting digital assets. Let’s explore the market dynamics and uncover why Plus Wallet is becoming the go-to choice for users who want both security and flexibility in their crypto dealings.

The Ripple Effects of Crypto.com’s Legal Standoff

Crypto.com has decisively engaged in a legal dispute with SEC Chair Gary Gensler, marking a critical moment in the ongoing interaction between the cryptocurrency industry and U.S. regulatory bodies. As ZyCrypto highlights, the lawsuit criticizes the SEC’s strict regulatory practices, claiming they suppress innovation and generate an uncertain atmosphere for crypto enterprises. By challenging these regulations, Crypto.com not only aims to safeguard its business operations but also strives for clearer and more accommodating policies in the U.S. This bold step reflects the mounting dissatisfaction in the sector with vague regulations, which are often seen as obstacles to growth and broader adoption.

The outcomes of this legal engagement could significantly impact more than just Crypto.com. Observers across the market are keenly watching the development of this lawsuit, as it might establish a new norm for crypto interactions with regulators. Occurring amidst mixed market signals—optimism fueled by increasing institutional involvement contrasted with hesitancy due to regulatory ambiguities—the lawsuit’s progression could sway market confidence. Its resolution has the potential to either spark regulatory reform or further exacerbate the rift between the crypto sector and governing authorities.

Plus Wallet: The Top Choice for Hot Crypto Wallets in 2024

Among the various hot wallets available, Plus Wallet is taking the lead for 2024 with its superior combination of features tailored to the needs of today’s cryptocurrency users. It prioritizes advanced security, using encryption to securely store private keys on users’ devices. Additional safeguards such as biometric authentication, including Face ID and PIN codes, provide a robust defense against unauthorized access, establishing it as one of the most secure hot wallets on the market.

Plus Wallet also boasts cross-chain capabilities, enabling users to manage their assets across multiple blockchains without the hassle of using several wallets. This simplifies the trading and transaction process, ideal for active users with varied portfolios. Moreover, its quick token listing feature, which allows new tokens to be listed in just 15 minutes, marks it as a revolutionary tool for developers and projects eager to make a swift market entry.

With its combination of security, ease of use, cross-chain functionality, and developer-friendly attributes, Plus Wallet is not merely competing—it’s setting new standards in what a hot wallet should offer. For those involved in the dynamic world of cryptocurrency in 2024, Plus Wallet is the obvious choice.

Concluding Insights     

As the cryptocurrency market continues to evolve, it calls for solutions that are not just innovative but also secure and centered around user needs. Amidst Crypto.com’s legal challenges with the SEC, which underscore the regulatory hurdles in the industry, Plus Wallet provides a stable and efficient option for users. Featuring top-notch security, cross-chain compatibility, and quick token listing, Plus Wallet distinguishes itself as a dependable and adaptable choice for both beginners and experienced users alike. As we move towards 2025, Plus Wallet’s ability to respond to market changes and empower users amid regulatory and market uncertainties cements its status as the premier best crypto wallet for now and the future.

Explore Plus Wallet:

Website: https://pluswallet.app/

Download: https://onelink.to/pluswalletapp

Twitter: https://x.com/pluswalletapp

Instagram: https://www.instagram.com/pluswallet.app/

3 Best Crypto Wallets: Tether Wallet, Trust Wallet Launchpool, and Most Rewarding Plus Wallet

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Crypto wallets are vital in how users engage with cryptocurrency, with attributes like security, usability, and rewards being crucial for differentiation. Tether’s Wallet Development Kit (WDK) enables companies to incorporate non-custodial Bitcoin and USDT wallets into their applications, promoting a shift toward decentralized financial services. The partnership between Sundog and Trust Wallet enhances user engagement by providing opportunities to earn rewards by staking tokens within its launchpool.

However, Plus Wallet advances the concept of rewards, presenting various earning methods such as staking, referrals, and loyalty incentives, making it appealing for users who prioritize both rewarding experiences and secure cryptocurrency storage.

Tether Introduces WDK for Independent Wallet Integration

Tether has launched the Wallet Development Kit (WDK), a tool that facilitates the integration of non-custodial Bitcoin and USDT wallets into applications and websites, announced on November 11. The WDK supports not only individual users but also digital entities like AI agents and robots, underscoring Tether’s dedication to decentralization, which resonates with Bitcoin’s foundational aim of user autonomy and unregulated financial engagement.

Moreover, Tether’s CEO Paolo Ardoino emphasized the WDK’s modular and adaptable nature, crucial for crafting durable and programmable financial instruments. Initially supporting Bitcoin and USDT, the WDK plans to extend support to all Tether-compatible blockchains and include UI templates to ease wallet implementation.

This initiative follows Tether’s venture into AI through its AI SDK “Local AI,” which prioritizes privacy-centric AI models locally. These developments highlight Tether’s focus on decentralizing AI technology, opposing centralized tech monopolies, and promoting financial liberty and open-source frameworks. Remarkably, Tether holds a dominant market position with a $124 billion valuation.

Trust Wallet Teams Up with Sundog for $2M Rewards

Sundog, a leading meme coin on the TRON blockchain and a key player in the 2024 crypto cycle, has partnered with Trust Wallet for a $2 million launchpool initiative. This community-focused project lets users lock Trust Wallet Tokens (TWT) or other supported assets in reward pools, providing a secure way to earn tokens from new and promising projects.

This partnership boosts Sundog’s presence in the crypto world, offering a platform for global engagement and support. It also solidifies Sundog’s status within the TRON ecosystem as a standout meme of the year, capturing attention and loyalty from users worldwide. The Trust Wallet Launchpool highlights Sundog’s commitment to creating accessible and rewarding opportunities in the growing crypto space.

Plus Wallet: Earn More While You Hold

Plus Wallet is becoming popular as a secure and rewarding crypto wallet. Its features let users earn tokens and bonuses by simply holding or using assets within the app. The wallet supports multiple earning options, including staking, referrals, and loyalty rewards, making it suitable for both beginners and experienced users.

The staking feature lets users lock supported assets to earn consistent returns. It offers competitive rates and flexible lock-up periods, ideal for long-term holders. The referral program also allows users to earn by inviting friends, promoting community-driven growth where both parties benefit.

Loyalty rewards are another highlight. Users who maintain specific balances or hit transaction milestones receive bonus incentives, encouraging active participation. Plus Wallet also collaborates with emerging crypto projects, offering exclusive promotions where users can earn tokens by joining campaigns or holding select assets.

Key Takeaways

Tether’s WDK focuses on decentralization, integrating Bitcoin and USDT wallets across platforms. Sundog’s partnership with Trust Wallet fosters engagement through community-based rewards. However, Plus Wallet stands out with its multi-tiered rewards options like staking, referrals, and loyalty bonuses, making it a strong choice for users wanting both secure storage and asset growth. Combining safety with ongoing rewards, Plus Wallet exemplifies how crypto wallets can provide value beyond storage in the expanding digital economy.

 

Explore Plus Wallet:

Website: https://pluswallet.app/

Download: https://onelink.to/pluswalletapp

Twitter: https://x.com/pluswalletapp

Instagram: https://www.instagram.com/pluswallet.app/

Cardano’s (ADA) Recent Price Spike Brings Attention to Rexas Finance (RXS): Here’s Why

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Cardano’s recent price spike has investors paying attention to emerging projects like Rexas Finance (RXS) in the cryptocurrency market. Currently running in the fifth token presale stage, Rexas is focused on strong real estate opportunities, which would allow early investments. With its innovative approach and recent completion of the Certik audit, Rexas could be seen as a unique proposition in the world of digital assets. 

Alternative Investments Spiked in Interest in Cardano Surge

Recently, Cardano’s price movement has sparked broader interest in cryptocurrency, and ADA has shown promise for future growth. This robust presale phase performance has persuaded an increasing number of Investors to explore Rexas Finance as an alternative. Presently, the price of RXS tokens equates to $0.070 each, and it will rise to $0.055, $0.045, and $0.035, respectively, in the next presale stage. Seeing as Cardano is on the rise, Rexas Finance’s real estate-backed token model provides a new investment opportunity. The RXS token is targeted at property investors tired of dealing with fiat without real assets who would like to see blockchain innovations introduced to property investment. This RXS presale has already seen high demand, with 85.27% of its funding target up and running and showing strong market confidence.

RXS Presale Progress and Key Features

With more than $7 million raised towards its $8.6 million target, there is high investor interest in the RXS presale. So far, 132 million tokens have been sold out of the 155 million allocated for this stage. The closer the presale is, the shorter the window for investors to buy fewer tokens at a cheaper price ahead of the next stage. Purchases are made with Ethereum, Tether, or card payments and are handled by Rexas Finance. This flexibility is designed to attract seasoned crypto and traditional investors looking to invest in blockchain-based real estate assets. The presale interface is easy to see, so redial goes as seamlessly as possible, with the payment and the token receipt clearly detailed for the investors. 

Certik Audit Boosts Investor Confidence

With Certik, a blockchain security firm, Rexas Finance recently completed a security audit who has recently made its credibility on the market. Last but certainly not least, the Certik audit reassures, especially investors, of Rexas’ dedication to security and transparency concerning potential platform vulnerabilities. This audit confirms that Rexas is committed to providing a secure investment platform highly valued by institutional and individual investors. In the context of the broader crypto market, a security audit—Certik’s audit is a good one—helps Rexas’ appeal. Completing the audit creates assurance and distinguishes Rexas from other emerging projects. Rexas has become a good choice for investors, as they view the crypto landscape as too competitive and consider it a lower risk. 

Conclusion

As Cardano continues to surge, Rexas Finance captures attention with its well-received presale and real estate-backed model. With the final presale stages nearing, RXS offers early investors a chance for potential growth as demand intensifies. Completing the Certik audit further enhances its standing, making Rexas Finance an intriguing option in the evolving crypto market.

 

Website: https://rexas.com

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance