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Shiba Inu vs Dogecoin vs Scorpion Casino Token – Can Memes Make Dreams or Is Casino The Go?

By
TI Partners
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0

The world of cryptocurrencies is no stranger to whimsy, and it often takes a playful approach. From the likes of Shiba Inu and Dogecoin, with their meme-inspired beginnings, to the more unconventional and bold Scorpion Casino Token (SCORP), the crypto landscape is filled with options. But can meme coins fulfill dreams, or is the world of casinos the one to watch? This article dives into the unique attributes and visions of these three cryptocurrencies, exploring their potential to make investors’ dreams a reality.

Dogecoin (DOGE): The Original and The Best?

Dogecoin is the OG of meme coins, and it boasts a dedicated and passionate community. Despite its lighthearted beginnings, DOGE has made its mark on the crypto industry, thanks in part to endorsements from figures like Elon Musk.

Since Musk first got involved, DOGE has slipped significantly. It is 91% down from its peak. However, the last 7 days have seen a slight resurgence, with a rise of 7%.

Shiba Inu (SHIB): The Meme Marvel

Shiba Inu, inspired by the Shiba Inu dog breed, rapidly gained popularity for its meme-driven community and impressive growth. Initially considered a spin-off from Dogecoin, SHIB is part of a new wave of meme-inspired tokens, and a loyal community, named the SHIBArmy still have plans to take it past Dogecoin in the market cap ranks.

While meme coins like SHIB offer traders fast gains and a strong community, they are often criticized for their speculative nature and lack of real-world utility. Case in point with SHIB, which has experienced a similar decline of over 90% from an impressive all-time high.

Scorpion Casino Token (SCORP): The Casino Contender

While Shiba Inu and Dogecoin focus on memes and community, Scorpion Casino Token (SCORP) offers a unique take on cryptocurrency. SCORP serves as the gateway to a thriving online gaming platform. With a selection of over 200 casino games, 160 live events, and betting opportunities on more than 35 sports, Scorpion Casino is about more than just being a meme.

The announcement of an impending upgrade has broadened its horizons, and Scorpion Casino will soon enable over 20 different currencies with automatic conversion, including cryptocurrencies like BNB, BTC, ETH, SOL, USDT, and USDC, and various fiat currencies. Users will also be able to connect their Metamask accounts directly to their Casino account.

SCORP aims to redefine passive income by combining sports and gambling within a licensed, transparent, and provably fair platform. This dynamic vision seeks to make SCORP a hub for gaming enthusiasts and a source of significant passive income for token holders.

In Summary

In crypto, dreams come in many forms. While Shiba Inu and Dogecoin offer meme-inspired journeys with speculative potential, Scorpion Casino Token (SCORP) takes a different route. By fusing entertainment with blockchain technology and user benefits, SCORP presents a vision that goes beyond memes and aims to make gaming and passive income dreams a reality. As investors weigh their options, they must navigate the diverse crypto landscape to find their path to success.

More on SCORP:

Presale: https://presale.scorpion.casino/

Twitter: https://twitter.com/ScorpionCasino

Telegram: https://t.me/scorpioncasino_official

What Cryptocurrencies to Buy This Week?

By
TI Partners
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0

Cryptocurrency offers a plethora of investment opportunities for those seeking to diversify their portfolios. While established giants like Bitcoin and Ethereum consistently capture the spotlight, it’s essential to keep an eye on promising newcomers and innovative projects. This week, we explore five cryptocurrencies worth considering for your investment strategy.

From Scorpion Casino Token’s unique blend of online gambling and blockchain technology to Toncoin’s distinct features, we delve into the exciting possibilities presented by these digital assets. Additionally, we’ll take a closer look at Chainlink’s role in securing smart contracts, Cardano’s commitment to sustainable blockchain solutions, and Litecoin’s reputation as the “silver” of the crypto world.

Scorpion Casino Token (SCORP) – Presale Potential Personified

Scorpion Casino Token is a rising star in the cryptocurrency world, operating in a world of not one but two double-digit growth rates: cryptocurrency and online gambling. The SCORP token is a key part of the Scorpion Casino ecosystem, which itself aims to be the hotspot for gambling enthusiasts worldwide. The Scorpion Casino offers:

?Over 200 casino games

?More than 160 live events

?More than 35 sports to bet on

With its global accessibility, auto currency conversion, and acceptance of major cryptocurrencies and fiat currencies, SCORP is quickly gaining popularity. It is currently in the presale stage, offering early investors an opportunity to get involved, and a Gleam competition promises an exciting reward of $250,000.

Toncoin – Breaking the Top 10?

Toncoin is a cryptocurrency that’s gaining attention for its unique approach. While it may not have the recognition of larger coins, it provides an opportunity for diversification in a crypto portfolio.

Its distinct features and use cases make it an interesting addition to a diverse portfolio. TON has made its way into the top 20 cryptocurrencies and is knocking on the door of the top 10.

Chainlink Soars 35% in 7 Days

Chainlink is an established cryptocurrency that specializes in providing secure and tamper-proof data for smart contracts. Its decentralized oracle network plays a crucial role in enabling various blockchain applications, including DeFi and NFTs.

LINK has had an outstanding week. After a rocky period, it has exploded and, at the time of writing, has the second-highest weekly growth in the top 100 cryptocurrencies.

Cardano – Sustainable Solutions

Cardano is known for its commitment to sustainability, scalability, and interoperability. The platform’s focus on peer-reviewed research and academic partnerships has made it an attractive choice for those seeking to invest in innovative blockchain technology.

Litecoin Holding Strong

Litecoin is often referred to as “silver” compared to Bitcoin’s “gold.” It is one of the oldest cryptocurrencies and as such is a well-established cryptocurrency.

LTC is known for its fast transaction speeds and lower fees, making it an attractive option for everyday transactions and transfers. It has dropped slightly from its peak position but still remains firmly in the top 20.

A Diverse Portfolio Is a Strong Portfolio

These five cryptocurrencies each offer unique features and use cases, allowing investors and enthusiasts to explore different aspects of the crypto market. Whether you’re drawn to innovative newcomers like Scorpion Casino Token and Toncoin or established players like Chainlink, Cardano, and Litecoin, diversifying your crypto portfolio can provide a broader range of opportunities and potential for growth.

 

Find out more about SCORP:

Presale: https://presale.scorpion.casino/

Twitter: https://twitter.com/ScorpionCasino

Telegram: https://t.me/scorpioncasino_official

Nigerian Government Validates Ndubuisi Ekekwe 3T2030 Agenda

By
Ndubuisi Ekekwe
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1

In April 2022, I wrote, ‘Under the  “3T2030 Plan for Greater Nigeria”, a plan to turn Nigeria’s sub-$500b GDP into $3 trillion by 2030, we will institutionalize excellence, uniting all citizens to a shared vision that is open, dynamic, prosperous and hopeful.’

Ndubuisi Ekekwe’s  “3T2030 Plan for Nigeria” is a plan that designed to push the GDP of Nigeria from the current sub-$500b to $3 trillion by 2030. It is structured, as encapsulated  by a federal minister, within the tech or economic component, to ramp up development, and accelerate shared prosperity. It is a 100-page document which is updated regularly, and my hope is that one day, the moment will come. Yes, I will walk into that office, ready on Day 1 because I have been planning for ages.

You know what? The Nigerian government does believe in the feasibility and possibility of that $3 trillion by 20230: “Distinguished ladies and Gentlemen, a $1 trillion economy is possible by the year 2026 and a $3 trillion economy is possible within this decade. We can do it,” the government noted today during the 29th edition of the Nigeria Economic Summit.

President Bola Tinubu has unveiled an ambitious economic growth plan, aiming to elevate Nigeria’s economy to $1 trillion by 2026 and further expand it to $3 trillion by the end of the decade in 2030.

He made this declaration during the opening address at the 29th edition of the Nigeria Economic Summit held in Abuja.

President Tinubu expressed confidence in the feasibility of these targets, emphasizing the country’s potential for double-digit, inclusive, and sustainable competitive growth. He called upon the captains of industry present to rally behind this vision of renewed economic hope.

Good People, Nigeria has latent capabilities to unlock abundance in the land. Yes, we can have a 6X GDP acceleration in seven years, and what that means is that we will have (literally) 6 Zenith Banks, 6 Dangote Groups, 6 Tekedia, 6 everything within the market system! 

If that happens, my model which posits that Nigeria does not have enough trained young people to run its economy will become evident. We may even need to import workers because every person who needs a job, and is open for training and retraining, will have one. 

I want to wish the government good luck on this 3T2030 playbook. Make it happen!

Corruption Saves Nigeria $11 Billion Damages Bill!

By
Ndubuisi Ekekwe
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1

Nigeria escapes $11 billion by making a case and supporting it with data, that its representatives were corrupt: “Nigeria on Monday hailed a landmark victory after it won its bid to overturn an $11 billion damages bill for a collapsed gas project, in a case a judge at London’s High Court said exemplified the ravages of greed and corruption.

“Africa’s most populous country had previously been ordered to pay the sum – representing around a third of its foreign exchange reserves – to Process & Industrial Developments (P&ID), a company based in the British Virgin Islands.

“But Judge Robin Knowles found that P&ID had paid bribes to a Nigerian oil ministry official in connection with the gas contract signed in 2010, and had failed to disclose this when it later took Nigeria to arbitration over the collapse of the deal.”

In 2019 as this case went to gear 1, I wrote “As the whole process continues to unfold, I still hope and pray that the nation would come out triumphantly, somehow.” Yes, Nigeria’s case was strong because it could claim that its workers were bribed by P&ID, making it a victim. Today, the English Court agreed, and Nigeria is free. But this is not over: “The judge said a further hearing would take place to decide whether to send the case back to arbitration or ditch the $11 billion award without further delay.” Judge, ditch this because it belongs to the trash can!

Sure, this is not to celebrate that a federal employee was corrupt to the point that Nigeria used it to save itself $11 billion!

Download the judgement here (PDF)

More from Reuters…

Nigerian President Bola Tinubu described the judgment as a blow against economic malpractice and the exploitation of Africa.

“Nation states will no longer be held hostage by economic conspiracies between private firms and solitarily corrupt officials,” he said in a statement.

The ruling is a major boost for Africa’s biggest economy, which is saddled with mounting debt, high inflation and unemployment.

“The economic prospects of an entire country have been held hostage by a tainted arbitral award that was built on bribes and lies,” said campaign group Spotlight on Corruption.

In 2017, an arbitration tribunal had awarded P&ID $6.6 billion for lost profit after its 20-year contract to construct and operate a gas processing plant in southern Nigeria had fallen apart.

The sum had since swelled with interest to over $11 billion, representing 10 times the country’s 2019 health budget.

“DRIVEN BY GREED”

However, Nigeria’s lawyers went to court to overturn the award, saying P&ID had bribed senior officials to obtain the contract and corrupted the country’s lawyers to obtain confidential documents during the arbitration. P&ID denied this and accused Nigeria of institutional incompetence.

But Knowles allowed Nigeria’s challenge, writing that the case showed what some people would do for money, “driven by greed and prepared to use corruption; giving no thought to what their enrichment would mean in terms of harm for others”.

The judge said a further hearing would take place to decide whether to send the case back to arbitration or ditch the $11 billion award without further delay.

Lawyers representing P&ID said the firm was disappointed and considering steps available to it.

In a rare rebuke, the judge said two British lawyers who stood to receive astronomical sums had Nigeria been forced to pay the $11 billion-plus bill had misconducted themselves out of greed.

Trevor Burke, an eminent criminal barrister and a nephew of P&ID’s co-founder, would have received $850 million while Seamus Andrew, who represented P&ID during the arbitration, would have received up to $3 billion.

Both received confidential Nigerian documents during the arbitration that they knew they were not entitled to see, the judge found. Their decision to say nothing and not to return the documents was “indefensible”, he wrote.

They did so “because of the money they hoped to make” and gave untruthful evidence about it, Knowles added, referring his ruling to legal standards regulators.

Burke and Andrew said in separate statements they did not accept the judge’s criticisms and believed they would be exonerated by the regulators.

Sui, Drivechains in Bitcoin as Senator Elizabeth Warren writes President Biden about plans on preventing Crypto-Financed Terrorism

By
Paul Ugbede Godwin
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0

Sui, the cryptocurrency exchange platform based in Singapore, has seen its share price plummet to a record low after a report emerged that the South Korean Financial Services Commission (FSC) is investigating its operations.

According to the report, the FSC is looking into allegations that Sui violated anti-money laundering and consumer protection laws, as well as failed to register as a virtual asset service provider in South Korea. The FSC has reportedly requested information from Sui and its local partner, Koinex, and may impose sanctions or even ban the exchange from operating in the country.

Sui, which launched in 2019, claims to be one of the largest and most secure crypto exchanges in Asia, with over 10 million users and more than 200 trading pairs. However, it has also faced several controversies and legal challenges in the past, such as being accused of inflating its trading volume, facilitating illegal gambling activities, and being hacked multiple times.

The news of the FSC probe has sent shockwaves through the crypto market, as South Korea is one of the biggest and most active markets for digital assets. Sui’s share price dropped by more than 40% on Monday, reaching a low of $0.12 per token. The exchange’s market capitalization has also shrunk to less than $100 million, down from over $1 billion at its peak.

Sui has not issued any official statement or comment on the report, but some analysts believe that the exchange may face a similar fate as Bithumb, another major crypto platform that was raided and fined by the South Korean authorities last year. Others suggest that Sui may try to relocate or rebrand itself to avoid further scrutiny and regain trust from its customers and investors.

Drivechains are a proposed extension to Bitcoin that could enable more innovation and scalability on the network. They are essentially sidechains that are secured by the main Bitcoin blockchain but allow for different rules and features. Drivechains could enable Bitcoin to support smart contracts, faster transactions, privacy enhancements, and more.

However, drivechains are not without challenges and trade-offs. One of the main issues is the security model of drivechains, which relies on miners to act honestly and not steal or censor the funds on the sidechains. This requires a high level of coordination and trust among miners, as well as incentives for them to behave correctly.

Bitfinex CTO Paolo Ardoino recently shared his views on drivechains and their potential impact on Bitcoin. He said that drivechains could be a “game-changer” for Bitcoin, as they would allow for more experimentation and innovation without compromising the security and decentralization of the main chain. He also said that drivechains could reduce the need for hard forks or contentious changes to the Bitcoin protocol.

However, Ardoino also pointed out some of the drawbacks and risks of drivechains. He said that drivechains would introduce more complexity and technical challenges to the Bitcoin ecosystem, and that they would require a lot of education and awareness among users and developers. He also said that drivechains would depend on the willingness and cooperation of miners, which could be influenced by external factors such as politics, regulations, or market conditions.

Ardoino concluded that drivechains are an interesting and promising idea, but that they are not a silver bullet for Bitcoin’s scalability and innovation challenges. He said that drivechains would require a lot of research, testing, and community feedback before they could be implemented safely and effectively. He also said that drivechains would not replace or compete with other scaling solutions such as Lightning Network or Liquid Network, but rather complement them and offer more choices and flexibility to users.

In a letter sent to President Joe Biden, Sen. Elizabeth Warren (D-Mass.) and 103 other members of Congress expressed their concerns about the potential use of cryptocurrencies to finance terrorist activities. The letter urges the administration to develop a comprehensive strategy to address the risks posed by the growing adoption of digital assets, especially in regions with weak or unstable governments.

The letter cites recent reports of terrorist groups such as ISIS, Al-Qaeda, and Hamas using cryptocurrencies to raise funds, evade sanctions, and facilitate cross-border transactions. The letter also notes that some countries, such as Iran, Venezuela, and North Korea, have attempted to use cryptocurrencies to circumvent U.S. and international pressure. The letter warns that these trends could undermine the effectiveness of U.S. counterterrorism efforts and pose a threat to national security.

The letter calls on the administration to work with Congress and other stakeholders to develop a coordinated response to the challenges posed by cryptocurrencies. The letter suggests several actions that could be taken, such as:

Enhancing the capacity of U.S. intelligence and law enforcement agencies to monitor and disrupt illicit crypto activities.

Strengthening the regulatory framework for crypto service providers and exchanges, both domestically and internationally.

Promoting international cooperation and information sharing among allies and partners on crypto-related issues.

Supporting innovation and research in the crypto sector, while ensuring that it adheres to high standards of transparency, accountability, and consumer protection.

The letter concludes by stating that the lawmakers stand ready to work with the administration to address the emerging threats posed by cryptocurrencies and ensure that they are used for legitimate purposes only.

The letter was signed by 104 members of Congress, including 12 senators and 92 representatives from both parties. The letter was also endorsed by several organizations, such as the Anti-Defamation League, the Center for a New American Security, and the Foundation for Defense of Democracies.

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