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The Uniswap Update & Shiba Inu Reform Make Headlines; End 2023 Richer With The Game-Changing Big Eyes Infinity Presale

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Another Uniswap update, another door to innovation opened! In a world where new projects and coins are announced daily, only revolutionary movements can endure and persevere, and Uniswap (UNI) has once again proven its worth. But it’s not the only player fighting for the top spot in this tech-savvy universe. Shiba Inu (SHIB) and Big Eyes Infinity (BIGINF) hopped on the novelty bandwagon, both gearing up to shatter conventions and improve the crypto realm.

As we explore their features and unique proposals, let yourself get completely immersed in this boundless landscape, where ingenuity and creativity paint the dull finance world in all colours of the rainbow.

No Uniswap Update Has Ever Ceased to Impress

Over two years have passed since the successful Uniswap V3 came to life, soaring through the crypto world like a blazing comet and reaching a monumental trading volume of $1.5 trillion. That alone probably would’ve been enough to keep its spot as the largest DEX protocol, but no genius ever settles, as the UNI team kept searching, exploring, and digging, until they found their treasure: Uniswap V4. Being announced only on September 1st, this Uniswap update is already making headlines. And with groundbreaking “hooks,” a feature that allows liquidity pool creators to customise how their pools function, that is no surprise. With lower fees, transparency and a fully open-source code, community involvement remains strong, reflecting Uniswap’s commitment to an open and democratic crypto ecosystem.

Communities have always been the backbone of meme coins, but with improved transparency and an innovative airdrop launch, Big Eyes Infinity is forming stronger bonds than ever. Having gathered thousands of followers across all platforms, BIGINF’s squad is growing in numbers and strength daily. Will you miss out on this one-of-a-kind opportunity, or will you join the purrr-fect Cat Crew and triumph?

Witness Real World Utility With The Shibarium Update

Even before the Uniswap update buzz, Shiba Inu promised to change the meme coin game forever, transforming SHIB from a mere light-hearted and trivial asset into a power force with immense practicality. Adding a layer-2 blockchain technology will turn the Shiba Inu metaverse into a complete and independent ecosystem where low fees, high transaction speeds, and significant profits meet together in a dynamic crypto tango. Even if you have two left feet, you don’t want to sit this dance of innovation out.

<< Check Out Big Eyes Infinity, The Next Big Meme Coin Presale >>

Dancing to the beat of its own drum, Big Eyes expanded the already vibrant ecosystem by adding the 819 Casino. This gaming hub offers an abundance of play-to-earn incentives, ranging from purely luck-based ones to thrilling and complex simulations. Making BIGINF the fueling force of this metaverse was a groundbreaking move, designing the token to surge as the casino gains traction and enriching it with real-world utility. Will you take this gamble and hit the jackpot?

Why Is BIGINF The Best Meme Coin Presale?

Make the most of the Uniswap update hype, and enter the next bull run with Big Eyes Infinity. Although still in its infancy stage, BIGINF is neither crawling nor taking small steps; this altcoin phenomenon is flying at the speed of light, making strides with its ingenious meme coin presale. With a 1:1 Match Guarantee, the amount of tokens purchased will double, and the bonus will be sent to the holders’ 819 Casino account.

Keeping up with the biggest names in the industry, BIGINF is destined for greatness, gathering more attention than even the Shibarium update. With a “2 for 1” offer and a 150% price rise guarantee between stages 1 and 2, the Cat Crew is in for a real treat!

While the Uniswap update has the entire crypto space hooked, Shiba Inu and Big Eyes Infinity emerged with their own mission, capturing the very essence of innovation. Offering a 1:1 Match guarantee, a certain price increase, and a vibrant community, BIGINF is bound to stir things up, generously rewarding all its supporters.

 

Big Eyes Infinity (BIGINF):

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

Website: https://bigeyes.space/

Telegram: Contact@BIGEYESOFFICIAL

Twitter: https://twitter.com/BigEyesCoin

Selected US Congress members want SEC Chairman to Approve Spot Bitcoin ETF

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A group of US Congress members has sent a letter to the Securities and Exchange Commission (SEC) Chair Gary Gensler, urging him to approve spot Bitcoin exchange-traded funds (ETFs) as soon as possible. The letter, dated September 25, 2023, was signed by 12 representatives from both the Republican and Democratic parties, and argued that spot Bitcoin ETFs would provide more transparency, liquidity and investor protection than the futures-based ones that the SEC has already approved.

A spot bitcoin exchange-traded fund (ETF) is a type of investment product that tracks the price of bitcoin on the spot market, where bitcoins are bought and sold for immediate delivery. Unlike futures-based bitcoin ETFs, which use contracts that expire at a certain date and may deviate from the actual price of bitcoin, spot bitcoin ETFs aim to provide investors with exposure to the real-time value of bitcoin.

The letter stated that spot Bitcoin ETFs would track the actual price of Bitcoin, rather than the price of Bitcoin futures contracts, which are subject to contango and backwardation effects that can distort the market. The letter also claimed that spot Bitcoin ETFs would reduce the risk of market manipulation, as they would rely on multiple regulated custodians to hold the underlying Bitcoin, rather than a single futures exchange. Moreover, the letter asserted that spot Bitcoin ETFs would lower the barriers to entry for retail investors, who would not have to deal with the complexities and costs of trading futures contracts or buying and storing Bitcoin directly.

There are several benefits of investing in a spot bitcoin ETF, such as:

Simplicity: A spot bitcoin ETF allows investors to access the bitcoin market without having to deal with the technicalities of buying, storing and securing bitcoins. Investors can buy and sell shares of the ETF through a brokerage account, just like any other stock or fund.

Liquidity: A spot bitcoin ETF provides investors with high liquidity, meaning they can easily enter and exit the market at any time. The ETF also reduces the risk of slippage, which is the difference between the expected price and the actual price of a trade, due to its large trading volume and tight spreads.

Regulation: A spot bitcoin ETF is subject to the rules and regulations of the securities market, which may offer more protection and transparency for investors. The ETF issuer is responsible for ensuring that the fund has enough bitcoins to back up its shares, and that the bitcoins are held by a qualified custodian. The ETF also has to comply with reporting and auditing standards and disclose its fees and risks to investors.

Diversification: A spot bitcoin ETF can help investors diversify their portfolio by adding exposure to a new asset class that has low correlation with other traditional assets, such as stocks, bonds and gold. This may enhance the portfolio’s risk-adjusted returns and reduce its volatility.

The letter cited several examples of other countries that have already approved or are in the process of approving spot Bitcoin ETFs, such as Canada, Brazil, Germany and Switzerland. The letter urged Gensler to follow their lead and adopt a similar regulatory approach that would foster innovation and competition in the US crypto market. The letter concluded by saying that spot Bitcoin ETFs would benefit both investors and the US economy, as they would increase financial inclusion, diversification and resilience.

The letter is the latest sign of growing bipartisan support for crypto regulation in the US Congress, as lawmakers seek to provide more clarity and certainty for the nascent industry. The letter also reflects the frustration of many crypto enthusiasts and investors, who have been waiting for years for the SEC to approve a spot Bitcoin ETF, which is widely seen as a catalyst for mainstream adoption of the leading cryptocurrency.

Land Law – The Concept of Laches and Acquiescence in Nigerian Law

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The concept of Laches has been described in one opinion as a product equality which is in itself synonymous with equity. This opinion then goes on to state that Laches are applicable when an equitable remedy is required but there’s no statutory limitation time applicable. 

What this means is that regarding land matters where delay can serve to defeat equity, several factors can arise to bar a party from his right to ownership of land. One such factor is the doctrine of laches and acquiescence which will form the focus of this article.

What exactly are Laches?

The concept of “Laches”  is essentially a doctrine of time limit when seeking judicial redress, particularly concerning violations of rights to land, that serves to combat unreasonable delays in seeking to enforce a right, meaning that laches will serve to bar a party that slept on his right from seeking later to have that same right enforced.

What is Acquiescence?

This is a situation of estoppel that arises when a person knowingly stands by or remains indolent without contesting an encroachment on their rights by another party who is doing so unknowingly e.g. Acquiescence will be said to occur where a person buys a piece of land and simply fails to register his title to the land of carry out effective occupation of the land within reasonable time (12 years in several jurisdictions of Nigeria), only to surface when the land has been bought without prior knowledge of a previous buyer by another party.

How was the concept of Laches and Acquiescence introduced into Nigerian law?

The doctrine of laches and acquiescence was adopted into Nigerian law from the English Case Law of Lindsay Petroleum v Hurd decided in 1897 where it was established that in order to prove Laches, 2 circumstances always important in such cases are the length of the delay and the nature of acts done during the interval, which might affect either party and cause a balance of justice and I just in taking the one course or the other so far as relates to the remedy.

A party is said to have effected acquiescence via conduct affecting his right where he behaves in such a manner as to lead any reasonable man to believe that he consents to the course of conduct and it would amount to an irreparable lack of seriousness on the affected party to later assert his right against the infringing party.

Pan-African VC Firm P1 Ventures Secures $25M, Totaling $50M Raised to Fund Early-Stage African Startups

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Pan-African venture capital firm, P1 Ventures, has reached the first close of its second fund at $25 million, totaling $50 million raised, to invest in early-stage African startups.

The African-Focused VC firm secured this capital from some of Africa’s industrial conglomerates, private companies, funds, and general partners of global funds based in the U.S and Europe.

P1 Ventures founder and general partner Mikael Hajjar disclosed that the company expects to reach a final close early next year.

The funds raised will back African startups serving in e-commerce, Fintech, Health tech, Insurtech, SaaS, and AI Industries.

While this second fund will still focus on these sectors, the firm is adding Al to the mix. Its first investment in this category is Zambian startup Nkoloso.ai, which gathers data and keeps track of vast tracts of agricultural land using satellite imagery and Al.

It’s also one of two Al startups and five portfolio companies the Dubai-based venture capital firm has backed from its second fund.

Speaking on the firm’s investment in an AI firm, P1 ventures general partner Hajjar said,

“We believe that Al will be Africa’s next big leapfrog opportunity. So when you think how fintech transformed the continent and allowed it to disrupt the banking sector, we believe Al will do the same with sectors like retail, healthcare, and the creative economy.

“What we see beautiful in Al is the ability to export. As you know, single market and currency risk are the main risks in investing in Africa. The beauty of Al is that you have export-first businesses.”

Notably, P1 Ventures has also identified an opportunity for the pan-African region to use Al to drive legacy infrastructure, particularly in antiquated sectors such as agriculture and FMCG retail.

Just as mobile money in Africa enabled debit and credit card infrastructure, the Venture fim believes Al can build high-fidelity data and enhance the time-to-value proposition to transform sectors.

Founded in 2020 by Mikael Hajjar and Hisham Halbouny, P1 Ventures describes itself as a high-conviction investor that intentionally focuses on a small number of exceptional African founders and companies building transformational software businesses with regional and global potential.

Since its launch, the company has invested in 29 early-stage companies across 10 countries including Money Fellows in Egypt, and Reliance Health in Nigeria where P1 has a presence.

The firm’s inaugural investment was in Yassir in Algeria, a super-app operating in Francophone Africa.

As a venture capital firm, P1 ventures value creation strategy hinges on active  engagement with management. It is committed to supporting key sales and partnering activities of each core portfolio company.

The VC firm exits its positions through a combination of M&A, secondary, direct offerings, and traditional IPOs.

Google Plans to Discontinue Podcast in 2024

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Google has announced that it plans to discontinue its Google Podcasts app in late 2024, a move geared towards the company’s broader strategy to shift its streaming audience towards YouTube Music.

Earlier this year, Google announced that YouTube Music would start offering podcast support in the United States, with plans to expand this feature globally by the end of the year. Furthermore, the company recently revealed its intention to allow podcasters to upload their RSS feeds to YouTube, with this feature also set to be available by year-end, according to TechCrunch.

This move by Google to consolidate music and podcasts into YouTube Music will align it with several other major players in the audio-streaming industry. Spotify, Amazon, and Pandora, for example, have already integrated both music and podcasts within their flagship applications. As a result, Apple appears to be the primary major player that has yet to combine music and podcasts into a single destination within its offerings.

Google has expressed its intention to elevate its investment in the podcasting experience on YouTube Music, aiming to transform it into a hub for podcast enthusiasts. This effort will involve introducing features centered around discovery, building a community, and facilitating seamless transitions between audio-only podcasts and video content. This aligns with a similar direction taken by Spotify, which introduced video podcast support to creators worldwide last year, coupled with community features like Q&As and polls, per TechCrunch.

The consolidation move has been slow, following a similar YouTube strategy from a few years back. In 2020, YouTube Music implemented a similar strategy to transition music listeners away from Google Play Music before its discontinuation that same year. This approach helped users migrate smoothly from one service to another while maintaining their music preferences and libraries.

But there was a hurdle: Transitioning podcast users from YouTube to a dedicated app like Google Podcasts can be more challenging because many users already use YouTube as a primary platform for consuming podcasts. This indicates that there may be a preference among users to access podcast content directly on YouTube rather than through a separate application like Google Podcasts.

To establish YouTube Music as the new primary platform for podcasts, Google recognizes the need to transition users away from its existing offering, Google Podcasts. This decision reflects the prevailing listening habits of users. According to Edison, approximately 23% of weekly podcast users in the U.S. indicate that YouTube is their most frequently used service, in contrast to just 4% for Google Podcasts.

Google plans to provide Google Podcasts users with a migration tool as a means to facilitate the transition to YouTube Music. Users will also have the ability to add podcast RSS feeds to their YouTube Music library, including shows that are not currently hosted on YouTube, according to the company.

Google intends to work on the migration tools in the coming weeks and months before rolling them out to all users.

Additionally, Google will offer support for users to download an OPML file containing their show subscriptions from Google Podcasts. This file can then be uploaded to any app that supports importing, giving users the flexibility to switch to alternative podcast platforms if they choose not to migrate to YouTube Music, according to the company.

“We know this transition will take time, but these efforts will allow us to build an amazing product and a single destination that rewards creators and artists and provides fans with the best Podcasts experience,” a YouTube blog post explained. “For now, nothing is changing and fans will continue to have access to YouTube, YouTube Music, and Google Podcasts. We’re committed to being transparent in communicating future changes with our users and podcasters and will have more to share about this process in the coming months,” it said.