DD
MM
YYYY

CATEGORIES

PAGES

DD
MM
YYYY

spot_img

CATEGORIES

PAGES

Home Blog Page 3846

Vitalik Buterin, Coinbase, 21co, MetaMask, and other Market News

By
Paul Ugbede Godwin
-
0

Vitalik Buterin, the co-founder of Ethereum, has successfully recovered his T-Mobile account after it was hacked by an unknown attacker. Buterin said he did not realize that his phone number was linked to several important services, including his email and crypto wallets. He thanked T-Mobile for their prompt assistance and urged other users to secure their accounts with strong passwords and two-factor authentication.

He also advised users to avoid using SMS-based verification, which can be easily compromised by SIM swapping attacks. Buterin said he was lucky that the hacker did not access any of his sensitive data or funds, and that he learned a valuable lesson from this incident.

Coinbase, the leading cryptocurrency exchange platform, announced that it will seek to influence the global regulation of digital assets through its participation in the G20 summit in Brazil next year. The company said that it will work with other stakeholders to promote a “global consensus” on the rules and standards for crypto innovation, while respecting the sovereignty and diversity of each country. Coinbase also stated that it will advocate for a balanced and inclusive approach that fosters innovation, protects consumers and investors, and supports financial inclusion and economic growth.

21co, a blockchain platform that aims to provide decentralized financial services, has announced the launch of wrapped versions of several popular cryptocurrencies, including bitcoin, XRP, ether, and Litecoin. Wrapped tokens are digital assets that are pegged to the value of another token and can be used on different blockchains. For example, wrapped bitcoin (WBTC) is an ERC-20 token that represents one bitcoin on the Ethereum network. By using wrapped tokens, users can access the benefits of both blockchains, such as faster transactions, lower fees, and more functionality.

The wrapped tokens launched by 21co are based on the Binance Smart Chain (BSC), a blockchain that is compatible with Ethereum but offers higher scalability and lower costs. Users can deposit their original tokens on 21co’s platform and receive the corresponding wrapped tokens on BSC. They can then use these tokens to participate in various decentralized applications (dApps) and protocols on BSC, such as lending, borrowing, trading, and staking. Users can also redeem their wrapped tokens for the original tokens at any time.

MetaMask, the popular browser extension and mobile app that allows users to interact with Ethereum-based applications, is expanding its functionality beyond the Ethereum Virtual Machine (EVM) ecosystem. The team behind MetaMask announced the launch of Snaps, a new plugin system that enables developers to create custom extensions for MetaMask that can support any blockchain, layer 2 solution, or decentralized protocol. Snaps are designed to be easy to install, secure, and composable, allowing users to customize their MetaMask experience and access a wider range of decentralized applications.

Snaps also aim to reduce the friction and complexity of using different blockchains and protocols, by providing a unified interface and a consistent user experience. With Snaps, MetaMask hopes to become a universal wallet and gateway to the decentralized web, not just for Ethereum, but for any blockchain or protocol that developers and users want to use.

Alex Mashinsky, the former chief executive officer of Celsius, has filed a motion to dismiss the lawsuit brought by the Federal Trade Commission (FTC) against him and his company. The FTC alleges that Celsius engaged in deceptive and unfair practices by promising high returns on crypto deposits without disclosing the risks and fees involved.

Mashinsky argues that the FTC has failed to show any evidence of consumer harm or injury, and that Celsius complied with all applicable laws and regulations. He also claims that the FTC is overstepping its authority and trying to stifle innovation in the crypto industry.

Attention:- Free Legal Consultation Clinic on Friday the 15th & Saturday the 16th of September,2023

By
Emmanuel Ifeanyi Ogbuka
-
0

ATTENTION!!! ATTENTION!!!- Greetings Everyone. I will be hosting a Free  2-Day  Legal Sensitization/Consultation service (valid for 24 hours) on Friday the 15th & Saturday the 16th of September,2023, to the first 60(Sixty) interested intending & existing participant entrepreneurs in the following business sectors in Nigeria :-

  • The Banking/Financial sector
  • The Fintech/Cryptocurrency/Digital Assets Sectors
  • The Real Estate/Probate Services Sector
  • The Oil & Gas Sector
  • The Aviation sector
  • The Logistics and Courier Services Sector
  • The Education Sector
  • The Maritime/Shipping Sectors
  • The Telecommunications Sector
  • Foreigners seeking to invest or set up businesses in Nigeria

This consultation clinic will involve professional sensitisation and guidance on the major legal issues and requirements for business operations revolving around :-

  1. Business licensing requirements
  2. Pre and post-licensing regulatory compliance requirements
  3. Foreign business participation requirements
  4. Alternative business licensing requirements
  5. Available sector-specific business licenses in Nigeria
  6. The relevant legal services needed for business set up and operations in Nigeria

Interested persons should send a WhatsApp message to 07011261897

GTCO Fintech Subsidiary Habari Pay, Records Significant Milestone in Profit

By
Ojukwu Emmanuel
-
0

Habari Pay, the Fintech subsidiary of Guaranty Trust Holding Co plc, has so far recorded significant milestones in profits since its launch.

In 2022, GTCO reported that Habari Pay generated revenue of N1.52 billion and a pre-tax profit of N926 million, having operated for only 6 months in 2022.

The company also reported that its merchant and acquiring business, gateway and switching, averaged N139.3 billion.

In the first quarter (Q1) of 2023, the Fintech company reported a 300 percent rise in profit. According to reports, HabariPay recorded a profit after tax of N1.3 billion in H1, compared to N322.9 million in the same period of 2022.

Also, in the same quarter, the Fintech company incurred N688 million and N188 million in operating expenses and taxes respectively. Total assets were N5.65 billion up from N4 billion reported a year earlier. The subsidiary also closed with a cash balance of N3.6 billion.

GTCO initially launched Habari Pay in 2018, as a super-app that provides everything from streaming content to an e-commerce marketplace. The bank, with its ecosystem of Small business customers, wanted to create a marketplace hub to support vendors across different industries.

Therefore, in 2021, Guaranty Trust Bank transitioned into a holding company from its standalone commercial banking structure. It made Habari Pay a standalone business offering payments, a marketplace, and small business services.

Following GTCO’s launch of Habaripay in 2022, the Fintech subsidiary has so far gained market acceptance, and has become a preferred payment solution for several individuals and businesses.

Through the Habari Pay platform, customers can shop for diverse products online, pay bills, watch videos, and listen to music, among others.

HabariPay’s flagship product, Squad, combines a payment gateway and e-commerce platform with a Point-of-Sale business.

The platform’s significant growth shows promising adoption of the bank’s digital payments business as it looks to bolster its hold on the fintech sector.

HabariPay’s Squad is now competing with the likes of other Fintech giants such as Interswitch, Paystack, and Flutterwave in the same arena.

Guaranty Trust Holding Co Plc has disclosed that through the launch of its Fintech subsidiary, it wants to be at the forefront of delivering cutting-edge innovative solutions with its banking franchise, and would leverage its capacity to transform the evolving payment space.

With HabariPay, the bank believes that it has successfully created another pathway towards enhancing the service experience for its customers and creating more value for stakeholders.

Notably, GTCO envisions an Africa where every payment is digital and hopes to achieve this by increasingly leveraging technology to improve access to financial devices for individuals and empower businesses across Africa with the right digital tools to thrive.

Can Fantom (FTM) and Tezos (XTZ) Pull a Resurgence? Everlodge (ELDG) Attracts Whale Investors

By
TI Partners
-
0

While investors thought that the crypto market was in recovery, it seems the market is heading downward again. Fantom (FTM) and Tezos (XTZ) are among the tokens affected by the recent downturn. Can the tokens experience a resurgence soon? Meanwhile, more investors are joining the Everlodge project 

Summary

–        Fantom fails to break its resistance level

–        Tezos price prediction.

–        Everlodge will open the real estate industry to average investors. 

Join the Everlodge presale and win a luxury holiday to the Maldives

Can Fantom (FTM) Experience a Resurgence Soon?

Fantom (FTM) aims to solve problems associated with smart contract platforms, such as transaction speed. The token has been on a downtrend for days which has become a source of concern to investors. Fantom token price has fallen by 16% in the last 30 days. It has also failed to break the $0.24 resistance level. 

The technical analysis shows that Famton could slide further into the bear market with the red lines active. The trading volume has, however, recorded significant improvement, which shows investors retain faith in Fantom and are optimistic of a resurgence soon. 

Is a New Wave Looming for Tezos (XTZ)?

Although the crypto market is experiencing a downtrend, the Tezos (XTZ) network has attracted investors to the network thanks to the platform’s impactful decisions to stabilize the network.

Tezos is helping individuals earn while being entertained. It has an active community that allows its investors to join in governance and participation. This collaborative innovation has helped Tezos revolutionize Web3 and help users feel like they are part of the project’s growth.

Analysts predict a bull run for the token, which could take the token price to $1.3 before the end of December. As such, investors are expecting a new wave of resurgence because of the commanding efforts of the Tezos network.

Everlodge (ELDG): The Game-Changer for Real Estate

While investors are worried about the fate of Fantom and Tezos, Everlodge (ELDG) is surging, with experts projecting a 30x rise before the end of the year. The platform will give an opportunity for average investors to join the $280T luxurious real estate industry. With only $100, users can purchase luxury hotels and villas that are minted into NFTs. 

Some of the benefits of the platform include free nightly stays in hotels and villas from the Everlodge ecosystem. Also, token holders will receive discounts on property purchases in the marketplace and will also use the ELDG token to make payments.. 

Users who stake their will receive a fixed monthly interest. The ELDG token is sold for $0.016. To prevent identity theft issues in the Everlodge platform, each property is recorded on the blockchain with unique metadata and owner details.

Regarding security, an independent auditing firm has fully audited the smart contract. The token liquidity pool will be locked for eight years and the team token for two years to prevent a rug pull scenario. The team’s KYC has been completed. All these prove the authenticity of the platform. With the token price projected to rally 30x on the launch day, now is the best opportunity to join the project and position yourself for future profits. 

 

Find out more about the Everlodge (ELDG) Presale

Website: https://www.everlodge.io/

Telegram: https://t.me/everlodge

Sui and Near Protocol Battle Bears Market, But Pomerdoge Pulls Investors Amidst Rally

By
TI Partners
-
0

In the recent crypto market trend, two top blockchain projects, Sui (SUI) and Near Protocol (NEAR), have been battling the bear market’s downward pressure. On the flipside, Pomerdoge (POMD) has continued to attract investors’ interest amidst a broader market rally. In this article, we’ll delve into the dynamics driving these developments.

Click Here To Find Out More About The Pomerdoge (POMD) Presale

Sui (SUI) Price Plummets, More Price Drop Could Happen

Sui (SUI) is the native token of the Sui blockchain network that provides an infrastructure for decentralized applications (DApps) and smart contracts. The SUI token aims to make it easier for people to own and use digital assets.

Despite being one of the best-performing cryptos at the start of the year, the Sui token price has been on a decline in recent times. Since June when the Sui token price topped at $1.51, the price of the altcoin has been on a decline.

On the daily, weekly, and monthly charts, the price of Sui token is bearish. As a result, the price of Sui has dropped to a low of $0.4838. With 790 million SUI in circulation, Sui has a market valuation of $378.5 million.

Near Protocol Investors Moves To Pomerdoge

NEAR Protocol (NEAR) is a blockchain solution meant to address two major difficulties in the Bitcoin world: transaction speed and user experience. Due to its high scalability, the Near Protocol blockchain has been increasing in adoption.

Despite its network growth, the Near token has been on a decline since February. From a yearly high of $2.7, the price of Near Protocol has dropped to $1.13. While investors are concerned about the performance of the Near coin, on-chain metrics could support a price increase following its double bottom at the $1.10 support level.

Most analysts anticipate NEAR Protocol’s price to hover between $1.00 and $2.00 till it is pushed higher by a strong market trend. However, if the Near protocol price falls below $1.00, the token’s recovery may be difficult.

Pomerdoge (POMD) Pulls Investors From the Bearish Market

While the prices of Sui and Near Protocol are falling, Pomerdoge (POMD) is drawing in investors due to its price increase. The price of the Pomerdoge token recently increased by 15%, jumping from $0.007 to a new high of $0.0115 per token.

Pomerdoge is a new P2E game that connects players across the world while playing a competitive and fun game. Pomerdoge is gaining popularity for its ambition to develop an engaging gaming system in which players can win incentives.

What makes Pomerdoge stand out amongst its competitors is its refreshingly new ecosystem that combines P2E gaming with meme coins. Additionally, POMD the native token, allows for transactions within the platform and offers holders the potential to earn additional rewards through playing games, staking, and trading.

POMD has currently sold over 210 million in its first phase of presale and its price is bound to increase soon. Pomerdoge is currently being sold at $0.0115, considered a good investment for investors looking for a great return on investment.

Find out more about the Pomerdoge (POMD) Presale Today:

Website: https://pomerdoge.com/

Telegram Community: https://t.me/pomerdoge

1...3,8453,8463,847...8,203Page 3,846 of 8,203

© Tekedia. All rights reserved.

Term & Privacy

© Tekedia. All rights reserved.

Term & Privacy