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Why Are Crypto Whales Moving Away From Pepe Coin And Putting Their Money Into Pomerdoge And Elonator Instead?

By
TI Partners
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0

Pepe Coin’s recent controversy over a possible rug pull has created a lack of confidence in the meme coin, which at one point used to have a market cap of $1.44 billion. Crypto whales and significant investors have pulled out their money, signaling that it’s time to search elsewhere for promising investments.

<< Click Here To Learn More About Elonator Presale >>

Crypto presales may be the answer. Meme coins like Elonator and Pomerdoge have opted to give crypto enthusiasts a chance to invest early in the critical development stages of their DeFi projects. Instead of encountering unnecessary market volatility, presales allow investors to buy tokens at stable prices until the meme coin ecosystem is ready for listing on DeFi exchanges.

Pepe Coin Scandal: $16 Million Worth Of PEPE Taken Away From Multi-Sig Wallet

On the 24th of August, key members of the Pepe Coin development team withdrew up to $16 million from the Meme Coin’s multi-sig wallet. The holdings were then deposited in OKX, Bybit, Binance, Kucoin, and other cryptocurrency exchanges. According to Digital Asset Research Platform ASXN, the team members deposited $8.36 million to OKX, $6.6 million to Binance, $438,000 to ByBit, and a remaining $400,000 to an unknown exchange or wallet.

Alongside the suspicious withdrawal of funds, the number of signatures required to access the multi-sig wallet was reduced from 5 to 2. The multi-sig wallet is usually a secure form of wallet storage and requires multiple approvals to access it. Crypto whales have already started to pull out, including an early buyer of PEPE Coin who sold $870,000 worth of the meme coin in exchange for ETH.

<< Click Here To Learn More About Elonator Presale >>

To avoid unnecessary market swings caused by events such as the one mentioned above, presales like Elonator and Pomerdoge can help balance out high levels of volatility, offering discounted prices on tokens before they’re listed for trading purposes.

Could Presales Be A Suitable Alternative To Meme Coin Volatility?

Elonator’s presale has an early investor opportunity of being able to earn as high returns as possible. This is because speculators are given the chance to invest in the early stages of the ETOR token. Elonator holds a strong connection to the meme culture through its main character which is a combination of Elon Musk and Terminator. The coin could potentially get an endorsement from Elon Musk similar to Dogecoin due to its strong presence on the X platform (formerly Twitter).

Another promising presale is the Pomerdoge meme coin, an ecosystem with a P2E game where players can trade skins, items, and other valuable collectibles. The project has raised close to $3 million and is audited by Solid Proof and Cyberscope.

ETOR Tokens Are Selling Quick So Don’t Miss Out

If you’re looking for a meme coin to HODL this year, Elonator’s presale has enough to keep you engaged with future NFT competitions and lotteries being some of the major giveaways planned for the ETOR ecosystem. Visit the links below to learn more about the Elonator presale.

 

Elonator:

Presale: https://buy.elonator.com/
Website: https://elonator.com

Telegram: https://t.me/ElonatorCoin

Twitter: https://twitter.com/ElonatorC

2023 1000x Crypto Assets Keep Up With Trends; Comparing Arbitrum, Avalanche & Top Meme Coin Big Eyes Infinity

By
TI Partners
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0

Although we’re already in this year’s Q3, the 2023 1000x crypto search has just properly begun. Adjusting to the forever-evolving needs of investors, Arbitrum (ARB), Avalanche (AVAX) and Big Eyes Infinity (BIGINF) emerged with unique features, addressing the current movements of the industry. What are these trends we’re talking about? And how can you make the most profits out of them? Keep reading to find out!

Cross The Arbitrum Bridge & Enter The Land of Scalability

Blockchain networks with roll-ups were deemed one of the biggest trends of the Web3 crypto space, mainly due to their impressive scalability. Entering the altcoin space with three goals in mind, to shine, surge and scale, the Arbitrum bridge revolutionised the entire industry, and ARB became the next potential 2023 1000x crypto. This Layer-2 solution, using the tech-savvy roll-up mechanism, has reshaped how investors conduct transactions and navigate the digital realm. But what’s so special about roll-ups? This groundbreaking innovation quietly but profoundly transforms scalability. By breaking free from the limitations of traditional clearing processes, it liberates vast sums of capital, ensuring that blockchain transactions become faster and more accessible than ever before.

Starting a revolution of its own, Big Eyes Infinity slammed the crypto door wide open, blazing through the meme coin realm like a shooting star. Making BIGINF the heart and soul of its ecosystem, the token will surge parallelly to the entire Big Eyes network, making the hunt for the best 2023 1000x crypto easier.

Asset Tokenization Elevating the AVAX Price Prediction

Avalanche teeters on the precipice of a transformative journey into the asset tokenization terrain. With a resolute commitment to invest $50 million in tokenized assets, Avalanche Foundation is diligently paving the way for a future where tangible assets seamlessly metamorphose into digital tokens, nestling within its blockchain embrace. The pledge promises operational efficiency, enhanced accessibility, and heightened liquidity, cementing Avalanche’s stature as a preeminent contender in the asset tokenization metaverse. This vision harmonises seamlessly with the burgeoning demands of the crypto communities, sparking the bullish $13.46 AVAX price prediction by the end of the year.

<< Check Out Big Eyes Infinity, The Best Presale In Years >>

Pampering its Cat Crew as much as possible, Big Eyes Infinity is focusing on evoking a sense of loyalty and belonging from the very beginning. Big Eyes Infinity promotes transparency and security by airdropping all tokens upon launch, charting a course towards a fully decentralised Web3 crypto space. Doesn’t that sound like a dream?

Why Will BIGINF Be The Next 2023 1000x Crypto?

Attracting thousands of investors and gaming enthusiasts, Web3 play-to-earn initiatives emerged as an uncharted treasure trove within the crypto universe. Setting the stage ablaze, Big Eyes Infinity shot up in the altcoin world, prioritising financial gains and sheer enjoyment. At the heart of this thrilling project lies the 819Casino; this gaming hub, crafted by the wizards and masters of GameFi, offers over 5000 P2E activities, appealing to Web3 crypto enthusiasts from all corners of the world.

And here’s the best part – with BIGINF, investors can enjoy the benefits of presale opportunities. Early investments are already exempt from any market fluctuations and bearish trends, but Big Eyes Infinity took things ten steps further. With the price starting at $0.0006 and finishing at $0.00036, BIGINF promises a staggering 500% surge within merely 4 months.

Following the latest trends and evolving as the market changes made Arbitrum, Avalanche and Big Eyes Infinity top contenders to become the next 2023 1000x crypto gem. With impressive scalability and asset tokenization, ARB and AVAX remain in high demand, but with its elusive presale status, BIGINF offers the most benefits. Whether you’re a gaming enthusiast or a crypto fanatic, Big Eyes has something for everyone!

Big Eyes Infinity (BIGINF):

Presale: https://buy1.bigeyes.space/

Website: https://bigeyes.space/

Telegram: Contact@BIGEYESOFFICIAL

Twitter: https://twitter.com/BigEyesCoin

Will Home Schooling Takeover in Nigeria?

By
Ako Tavershima
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0

Nigeria has experienced several economic downturns over the past few months of 2023. The rise in cost of commodities, the depletion of the national foreign reserve, inflation, decline in the purchasing power of citizens, rise in cost of petroleum amongst others. Likewise has this downturn affected every sector of the economy. One of these is the educational sector.

Nigeria used to be a country where education was cheap and affordable for the common man. I remember when my father told me before he passed on, the highest money he ever paid in school was N150, today you could barely obtain a loaf of bread for that same amount in the country.

Despite the deteriorating conditions of our economy, the education sector has not been hit with a tsunami such as this. Due to some factions between the government and public schools, sponsorship and support for public schools have been a hurdle yet to overcome hence the schools need a means to finance all the bills required to keep the system running. Cost of tuition fee in some universities have doubled, others tripled to unexpected levels, beyond the average margin affordable by a middle earning family.

Worsening the case, the price of petrol has also tripled its pump price which was between N198 to N210 as of April 2023. Now a litre sells for an average of N620. As the price of petrol skyrockets, so do other commodities. Transportation, the cost of running generators for businesses (as the country has no reliable power supply), factories all depend heavily on petrol to keep their businesses running.

As conditions keep degrading, students have began dropping out of school. Earlier this year, I noted some students which I regularly see in school no longer cross my path. So as I made a little inquiry into their condition. I got to discover they dropped out of school due to lack of finance to sponsor their education. It is no strange that things have taken turns this way. As parents become unable to sponsor their children to school, we will continue to see more students drop out of school. This behavior will have a devastating ripple effect on our economy. But is this the way forward?

Western countries have adapted several ways of schooling their children. One of such ways is homeschooling. Home schooling is a type of education where students get to take their classes at home either guided by their parents or a dedicated tutor. This in some jurisdictions usually has a laid down curriculum to follow. This method of schooling has been quite effective in the west as so many people have come out to testify how they found out they were far better than their mates who schooled in public schools when they moved to college. This method of schooling reduces the expenses which parents are mandated to pay when they enroll their children into public schools; reduced tuition fees, bus levy and other miscellaneous required to keep the school running.

Considering this approach of schooling, it will be economical to pursue in order to adapt to the current economic conditions of our country. Though home lessons have been here for over a decade, home schooling has not. If the current system is to be adjusted to accommodate home schooling in the education sector for the development of the economy, then it is wise to consider.

Luno halting some of its Services ahead of new FCA Rules in UK

By
Paul Ugbede Godwin
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0

Luno, a cryptocurrency exchange platform, has announced that it will temporarily suspend some of its trading services for UK clients starting from October 6, 2023. The decision comes as a response to the new regulations imposed by the Financial Conduct Authority (FCA) on crypto asset firms operating in the UK. According to a blog post published by Luno on December 31, 2023, the exchange will stop offering the following services to UK clients:

  • Depositing or withdrawing GBP via Faster Payments.
  • Buying or selling crypto using GBP.
  • Sending or receiving crypto to or from other Luno wallets.
  • Creating new crypto wallets.

The FCA’s new rules for the marketing and promotion of cryptocurrencies will take effect on October 8, two days after Luno is scheduled to suspend some services. An email to a Luno client from the UK, seen by Coindesk, said the client would not be able to purchase or trade cryptocurrency as of October 6.

Luno stated that the suspension is expected to last for a few weeks, and that it will notify its customers when the services are resumed. The exchange also assured its clients that their existing GBP and crypto balances are safe and secure, and that they can still access their Luno accounts and wallets at any time.

The reason behind the suspension is that Luno has applied for registration with the FCA as a crypto asset firm but has not yet received approval. The FCA introduced a new regime for crypto asset businesses in January 2020, requiring them to comply with anti-money laundering and counter-terrorist financing rules, and to register with the regulator by January 10, 2021. However, due to the high number of applications and the impact of the COVID-19 pandemic, the FCA has extended the deadline and has allowed firms that have already applied to continue operating under a temporary registration regime until then.

Luno is one of the many crypto firms that have applied for registration with the FCA but have not yet been approved. According to CoinDesk, other platforms that have announced similar suspensions include Wirex, Crypto.com, and Ziglu. The FCA has also warned consumers that investing in crypto assets involves high risks, and that they should be prepared to lose all their money.

The U.K. Financial Conduct Authority’s new promotion rules will treat crypto like “restricted mass market investments” and require any advertisements or promotions to contain clear warnings and ban incentives. Though the new rules were set to take effect on Oct. 8, firms can now apply for an extra three months to apply the rules. Luno is not the only one pausing parts of its U.K. business temporarily. In response to these rules, PayPal also said it would halt crypto purchases in October till 2024.

The FCA Handbook is a comprehensive and consolidated source of FCA Legal Instruments, which are made by the FCA Board and reflect the changes in the regulatory landscape. The Handbook covers various topics, such as conduct of business, prudential standards, supervision, enforcement, redress, markets and listing.

The FCA Handbook is constantly updated to reflect the developments in the financial sector, such as new products, services, risks and opportunities. The FCA also responds to changes in the UK and EU legislation, as well as international standards and best practices.

Some of the recent changes to the FCA Handbook include:

The implementation of the UK’s withdrawal from the EU and the end of the transition period on 31 December 2020. The FCA has made several amendments to the Handbook to ensure that it continues to operate effectively after Brexit, such as removing references to EU law and institutions, transferring functions from EU authorities to UK authorities, and applying temporary transitional powers to smooth the transition.

The introduction of new reporting requirements for firms to demonstrate their financial resilience during the Covid-19 pandemic. The FCA has issued a new instrument (FCA 2023/30) that requires firms to submit information on their financial resources, liquidity, capital adequacy and business continuity plans on a regular basis.

The adoption of new technical standards for electronic reporting formats for certain regulatory disclosures. The FCA has issued a new instrument (FCA 2023/31) that implements the European Single Electronic Format (ESEF) for annual financial reports of issuers admitted to trading on regulated markets. The ESEF aims to improve the accessibility, comparability and usability of financial information across Europe.

The update of the disclosure guidance and transparency rules sourcebook (DTR) to reflect changes in the UK’s listing regime. The FCA has issued a new instrument (FCA 2023/32) that amends the DTR to align with the recommendations of the UK Listing Review, which aims to enhance the attractiveness of the UK as a listing venue. The changes include reducing free float requirements, allowing dual class share structures, and simplifying prospectus requirements.

Luno, which was founded in 2013 and has over 5 million customers worldwide, said that it is committed to complying with the FCA’s regulations and standards, and that it is working closely with the regulator to complete the registration process as soon as possible. The exchange also expressed its gratitude to its UK clients for their patience and support during this transition period.

DeFi Education Fund files Petition over Patent Troll Lawsuits

By
Paul Ugbede Godwin
-
0
Fund, money cash dollar

In recent years, the software industry has been plagued by a phenomenon known as patent trolling. Patent trolls are entities that acquire patents, often of dubious quality or relevance, and use them to sue or threaten to sue other companies for infringement. Their goal is not to innovate or compete, but to extract money from the defendants, who often prefer to settle rather than engage in costly and lengthy litigation.

The DeFi Education Fund (DEF), a non-profit organization that aims to promote education and advocacy for decentralized finance, has filed a petition with the U.S. Patent and Trademark Office (USPTO) to challenge the validity of several patents held by a company called Uniloc. Uniloc is a notorious “patent troll” that has sued hundreds of companies, including Microsoft, Sony, and Netflix, Electronic Arts, and Mojang for allegedly infringing on its patents, many of which are vague or overly broad. Many of these lawsuits have been dismissed or invalidated by the courts, but Uniloc continues to file new ones, hoping to find a willing target.

According to the petition, Uniloc claims to own patents that cover various aspects of blockchain technology, such as smart contracts, tokenization, and decentralized exchanges. Uniloc has filed lawsuits against several DeFi projects, including MakerDAO, Compound, and Uniswap, demanding royalties and threatening to block their access to the U.S. market. DEF argues that these lawsuits are baseless and harmful to the innovation and growth of the DeFi sector.

DEF is seeking to invalidate Uniloc’s patents under the inter partes review (IPR) process, which allows third parties to challenge the patentability of existing patents based on prior art. Prior art is any evidence that shows that the invention claimed by the patent was already known or obvious before the patent was filed. DEF claims that Uniloc’s patents are invalid because they are either anticipated or rendered obvious by prior art in the field of blockchain and cryptography.

However, some of Uniloc’s victims are fighting back. A group of software developers and companies, led by Cloudflare, have launched a series of ‘patent troll’ lawsuits to challenge the validity of several patents held by Uniloc. These lawsuits are based on a legal doctrine called inter partes review (IPR), which allows anyone to petition the US Patent and Trademark Office (USPTO) to reexamine a patent and determine if it meets the criteria of novelty and non-obviousness. If the USPTO finds that the patent is invalid, it can cancel it and prevent further litigation.

The IPR lawsuits are intended to expose the weakness of Uniloc’s patent portfolio and deter it from pursuing further litigation. They are also meant to send a message to other patent trolls that they will face resistance and scrutiny if they try to abuse the patent system. The IPR lawsuits are supported by the Electronic Frontier Foundation (EFF), a digital rights advocacy group that has been campaigning against patent trolling for years.

The IPR lawsuits are an example of how software developers and companies can use the legal system to defend themselves against patent trolling. They are also a way of promoting innovation and competition in the software industry, which benefits consumers and society as a whole. By challenging Uniloc’s patents, the IPR lawsuits aim to protect the software industry from predatory and frivolous litigation.

DEF hopes that its petition will deter Uniloc from pursuing further litigation against DeFi projects and encourage other patent trolls to reconsider their strategy of exploiting the patent system for profit. DEF also hopes that its petition will raise awareness and educate the public about the importance and potential of DeFi and the need to protect it from predatory practices.

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