DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Blog Page 3886

Uwerx Remains Unshaken After Its Successful Launch As The Hack Incident Is Met With Rapid And Robust Recovery

0

Although many crypto projects boast about creating means for users to earn passive income, most failed to recover from a major attack. However, Uwerx has been tested and proven its trustworthiness in the face of a publicized attack.

The revolutionary freelance crypto platform recently lost $327k from its Uniswap pool shortly after its official launch. Can Uwerx counter the effects of the hacking incident in time? Let us find out.

Uwerx’s Record-breaking Presale Concludes With Ovation

Uwerx gained significant attention during its presale rounds, enticing buyers with generous bonuses across its five stages. This attracted many investors and amassed 2,037 Twitter followers and 2,280 members on Telegram. As a result, it had to adjust its tokenomics to accommodate the influx of buyers.

The presale finally ended on July 31st at 23:59 UTC. Meanwhile, the WERX token was sold at the final price of $0.05645 with a last-minute bonus of 27.5%.

Uwerx has also progressed remarkably in the development of its freelance platform. The platform already features Core Functionalities, including the Application Preview, Chat System within job postings, Contract Preview, Message Search, Unlogged view for Agency, Freelancer, and Client, and Agency role selection.

Other completed pages are Settings, Help Center, Login, Create Account, Forgotten Password, Privacy Policy, Finished Payments, and Security Sections.

Meanwhile, other platform updates to be released soon include Client Dashboard, Freelancer Dashboard, Agency Dashboard, Management of Ongoing Projects, and Additional Settings Pages. The team is thrilled with the progress achieved so far and intends to begin designing the premium elements of the Uwerx platform soon.

On the other hand, the unique Uwerx Vault has been successfully completed and now awaits audit approval. Meanwhile, 84% of the Uwerx community has declared their interest in using the Vault to secure their funds and maximize their earnings.

On August 1st, 16:00 UTC, Uwerx finally launched on Uniswap. Its WERX token was unveiled with a 3% sell tax, 1% token burn, and 2% marketing. It also fulfilled its promise of locking deployed liquidity for 25 years, as announced during the presale. In addition, its team reiterated its plan to renounce smart contract ownership after the CEX listing kicks off smoothly.

Lastly, Uwerx initiated a scalable buy-back program designed to be performed weekly. However, specific dates for the buy-back were not revealed to discourage fraudulent behavior.

Uwerx Network Exploited, Resulting In A $327K Loss

As smart contracts come with complexities that could create loopholes, it is no surprise that Uwerx was hit with a hack attack shortly after its launch on Uniswap.

Many crypto security platforms like PeckShield Alert and CertiKAlert announced the incident on Twitter.

The attacker flash-loaned 20,000 ETH ($36,726,400) and exchanged it for 5,053,637 WERX tokens. Then, they sent back 4,429,817 WERX tokens (about 10 times the initial amount) to the Uniswap pool, creating an imbalance.

By calling the skim() function of Uniswap with 0x00…1 as the “to” address, they caused the token transfer to burn 1% of the initial amount, resulting in an imbalance, which they exploited. The attack, which occurred on August 2nd, led to the loss of 176 ETH (around $327K).

Uwerx Could Hit New Heights As It Prepares For A Strategic Relaunch

In the face of the unfortunate hacking, the Uwerx team has shown immeasurable resolve as they work to reestablish investors’ faith. They quickly contacted the auditors, SolidProof and InterFi Network. They also issued a white hat bounty which offers the hacker to keep 20% of the stolen funds and return the remaining 80%.

As a community-centric platform, Uwerx will hold polls on the official Telegram group from August 6th to 13th. Community members can vote on the future launch plans of the Uwerx project, like the new vesting period, airdrop schedule, and sliding sell tax.

This new sell tax will decrease throughout the new vesting period, while 100% of the tax will be directed to the liquidity pool of Uwerx on Uniswap. This will greatly benefit Uwerx. The team encourages members to send their feedback through their feedback email feedback@uwerx.network. Meanwhile, they have assured users of the safety of their WERX tokens bought during the presale.

Furthermore, the team has pushed forward the initial roadmap and announced their intention to relaunch the WERX token using the liquidity previously reserved for the Buy-back program. The token’s new contract address will be audited twice to ensure robust security.

The new WERX will be built on August 14th, while its details will be announced on August 21st. They also plan to adjust the whitepaper, tokenomics, and the airdrop schedule to reflect the new changes. Updates will be revealed as the team rolls out more plans. Meanwhile, the Uwerx platform design continues steadily, with a significant update planned soon.

As Uwerx has shown it can withstand challenges and adversity, investors are reassured of a quick bounce back with better security. Therefore, experts still believe Uwerx could quickly recover in time to compete favorably in the market.

To get more information, click the links below:

Website: https://www.uwerx.network

Telegram: https://t.me/uwerx_network

Twitter: https://twitter.com/uwerx_network

How the Nigerian Masses Can Have the Chance to Breadth

0

After the Covid19 pandemic, the world plunged into a new economic reset. Some countries have been able to recalibrate and convert their share of pains during the global health crisis into substantial and palpable economic gains through people-centric policies. Many other nations are still currently struggling to return to normalcy and some others have been rendered far worse off compared to their pre-COVID states.

There is no evidence to think that Nigeria has not been made far worse off. In fact, it has been a rollercoaster of economic hardships in the country since the global health crisis. The last six months in the country have been different episodes of untold hardship on the people. From the Naira crunch saga to the outright removal of fuel subsidy and the floating of the Naira, the strain in the country has been rising in fearsome crescendo on a daily basis. So many Nigerians have been hard pressed and those lethally grappling for breadth are further pressed into the dust by the institutions of Government that are supposed to provide them with succor.

The purchasing power parity of the country continues to be battered by a stubborn inflation. There has been an insurgence of what Karl Marx calls the pauperization of the working class at the different sectors of the nation’s economy. The continuous widening of the gap between the capitalist and the working class ushers many small and medium scale enterprises out of business and many workers out of their paid jobs.

Consequently, many young individuals who had hitherto been independent and managed to support their families of orientation had to go back to their parents and become dependent children again because they could no longer have their jobs and fend for themselves. Some of these Nigerian youths have resorted to crimes and prostitution to keep their statuses and save themselves of the embarrassment of having to return home with nothing. Some don’t even have a home to return to. Some could not resist the suicidal thought that evoked in them due to the economic quagmire.

The incidence of brain-drain or the Japa syndrome in the country also lends credence to the existence of a social problem in the country. It is sad to see many Nigerian youths leave the country in drones on a daily basis. The words of President Tinubu, “Let the Poor breadth” have been quite apt. The words describe the dire state of many people in the country. These words have become a catchphrase that surfaces in most discussions of the policies and activities of the government across the social media platforms.

Towards ensuring Nigeria becomes a hospitable state for her citizens and a nation where everyone and anyone can breadth an air of hope, peace, tranquility and equanimity, there is no doubt that both the government and the governed have critical roles to play. While the government can and must do better in terms of making and implementing policies that are issues-based and people-focused, the people must be more attuned to their civic responsibilities. Also, the media and civil society organizations must intensify efforts towards ensuring the values of honor are spread across the society.

We must be one another’s keeper and do away with selfish interests that have divided us for too long. We must begin to promote and entrench social values such as empathy, mutual trust and compassion in our day-to-day lives. It is believed that when the privileged among us begin to see themselves as the protectors of the less privileged, Nigeria could be made to open a new vista of economic opportunities that culminate in social happiness. Further insights on how this could be achieved are given by Professor Oka Obono of the department of Sociology, University of Ibadan in our previous article here:

Nigeria’s Economic Challenges In the Post-Subsidy Era: UI Professor Oka Obono Recommends Communal Approach to Palliative Distribution

From Shibarium News to Big Eyes Infinity, Investors on a Rollercoaster Ride of Emotions

0

The Shibarium launch has brought chaos and confusion to the ecosystem. However, the team has shared an update and tried to reassure the community that their funds are safe. Shibarium, a Layer 2 initiative from the Shiba Inu project, was one of the most highly anticipated launches in recent times. However, the launch has not gone as smoothly as it could have, putting the Shibarium team on the defensive.

With the release of Shiba Inu’s Shibarium news, a new chapter is being written in the exciting world of cryptocurrencies. This discovery corresponds with a period of market volatility, which has caused the cryptocurrency community to reflect on itself as a whole. A new generation of investors is left wondering as to which are the best cryptos to buy as meme coin season takes off. Amidst these ups and downs, a fascinating story of determination, creativity, and the quest for potentially lucrative meme coins such as Chimpzee, Shiba Inu, and the newly launched, Big Eyes Infinity (BIGINF) comes to light.

<< Join the Big Eyes Infinity presale today! >>

Shiba Inu’s Stability and Big Eyes Infinity’s Entrance in Meme Coin Craze

Market volatility is a constant factor in the cryptocurrency space. Investors experience a rollercoaster ride of emotions as the market moves through a lot of highs and lows. Yet, there is tremendous opportunity present in this chaos. One good example is the meme coin season, which is marked by spikes in demand for tokens driven by the community. Amid the instability, Shiba Inu’s Shibarium news appears as an indicator of possible stability. It demonstrates how a calculated action may draw in the market even in highly unpredictable times.

In this story of transformation and growth, BIGINF appears as a newcomer in the meme coin market. With the market unsettled and Shiba Inu’s Shibarium news creating ripples, Big Eyes Infinity arrives with a sense of expectation. Its distinctive qualities, such as an incredibly adorable cat mascot and a strong utility token ecosystem, put it in a good position when looking for the best cryptocurrencies to purchase. BIGINF and other projects are ready to take advantage of the meme coin season as it develops.

Thrilling Meme Coin season and the Best Cryptos to Buy

A fascinating plot develops as we consider Shiba Inu’s Shibarium news, market volatility, and the current meme coin season. It’s a story of determination, invention, and flexibility. Searching for the best cryptos to buy is an adventure in exploration as much as a business venture. Shiba Inu and BIGINF are two examples of projects that embrace innovation and point the way forward in a world where change and volatility are constants. The meme coin season offers a canvas for projects to showcase their worth, where change and volatility are constant.

How Shiba Inu, Big Eyes Infinity, and Chimpzee Navigate through the Uncertain Waters

The introduction of Shiba Inu’s Shibarium news during market volatility, in conclusion, captures the spirit of the cryptocurrency scene. The story revolves around the ventures that undergo changes in order to gain notice in a constantly shifting market. Finding the best cryptos to buy is becoming more popular as meme coin season takes center stage. Several individuals, like Big Eyes Infinity (BIGINF), Chimpzee, and Shiba Inu stand out in this landscape. Each adds a distinct chapter to this developing and interesting story. As investors navigate the uncertain waters, these projects showcase the potential for growth, innovation, and resilience—an inspiring narrative that continues to unfold.

<< Get your Big Eyes Infinity tokens here. >>

For more information on Big Eyes Infinity (BIGINF):


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

Website: https://bigeyes.space/

Telegram: Contact@BIGEYESOFFICIAL

Twitter: https://twitter.com/BigEyesCoin

Decode The Power Of Community Behind PepeCoin, The Sandbox Token & Elonator

0

The active and diverse communities surrounding PepeCoin (PEPE), The Sandbox Token (SAND), and Elonator (ETOR), possess a strength that influences these tokens greatly. Community is at the heart of the crypto world. It brings people together and gives projects value. Blockchain platforms can drive development, increase value, and identify themselves as key participants in the crypto environment by cultivating a robust and loyal community. It’s time to look at the powers these communities behold.

PEPE Enters Into a Digital Wonderland

PepeCoin (PEPE) has cracked the code of social media enchantment, particularly in the dynamic realm of Twitter. It has gained a loyal community of collectors and art fans with its distinctive Pepe-themed NFTs (non-fungible tokens). The initiative uses the popularity of Pepe the Frog memes to foster a sense of belonging and exclusivity among its members. A carnival of memes and discussions on market trends transforms the PEPE community into a digital wonderland where ideas flourish and connections thrive.

The PEPE community dares to chart its course through the vast expanse of the crypto cosmos. By rewarding community members for their services and commitment, the Pepe meme coin has instilled a sense of ownership and devotion in its followers. But the Sandbox and ETOR community do not stand behind PEPE. They also play a very important role in their cryptos.

<< Click Here To Find Out More About Elonator Presale >>

The Creative Community of SAND

The Sandbox Token (SAND) has caused quite a stir in the crypto community. Its strength is in allowing users to create, own, and sell their virtual experiences. Sandbox has attracted a strong and active community of creators and crypto enthusiasts by allowing community members to build the metaverse.

The community administration of Sandbox promotes creativity and collaboration among its user population. They conduct contests, activities, and challenges regularly to encourage community involvement and build metaverse crypto. Furthermore, community members participate in decision-making by giving ideas and criticism through numerous channels.

Sandbox has become a groundbreaking project catching the interest of players all around the world. But the community of a new meme coin waits to be embraced: The Community of Elonator. It stands out among other cryptocurrencies. Let us find out more about it.

Elonator Nurtures Community Value

Elonator (ETOR) with its unique concept of amalgamation of Musk’s Mindset with the power of Terminator has crafted and developed a speculative crypto community. It has enabled many individuals to create a passive income from crypto rewards, without requiring the active participation of investors in the process.

Social media engagement via AMAs, social media contests, meme contests, giveaways, bounty programs and NFT competitions are a few ways of functioning for the ETOR Community. The community is kept in the loop by publishing product updates, announcements, information about the latest partnerships, and other critical information on Medium. A social media manager and community management professional are also on their toes to keep the community hooked and informed about product development direction. Elonator is dedicated to providing actual value to the community by preserving transparency and accessibility, allowing anybody to evaluate and verify their actions.

Join Hands with the Elonator Community

If you are looking for a valuable crypto community to invest in, Elonator is the perfect choice. It has the vision of a large and strong community which will create a highly valuable token upon launch. While PepeCoin and The Sandbox Token operate within their unique space, Elonator stands out with its approach to community engagement and shared wealth. ETOR’s community helps it to stand out as a prominent token in 2023.

Want to be part of crypto’s next big community? Then don’t miss out on Elonator.

Elonator Socials & Presale:

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

Website: https://elonator.com

Telegram: https://t.me/ElonatorCoin
Twitter: https://twitter.com/ElonatorCoin

Cryptocurrency’s Industry Grows: PayPal’s Stablecoin Launch On Ethereum & DogeMiyagi’s Ascent

0

The cryptocurrency industry has come a long way from its niche origins, touching every facet of our lives. From reshaping music and films to shaping financial choices and even influencing politics, cryptocurrencies are becoming a global force. The freshest advancement in this ever-changing realm is PayPal’s introduction of its own Ethereum (ETH) based stablecoin (PYUSD), underscoring the continual integration of crypto into daily life. In line with this trend, projects like DogeMiyagi (MIYAGI) are making their mark, utilizing the industry’s potential and a collaborative approach to cement their position as a leading meme coin.

Ethereum News & PayPal’s Crypto Venture

In the world of cryptocurrencies, Ethereum continues to stand out. It’s the chosen platform for numerous projects, with PayPal’s stablecoin being the latest addition. The move by the digital payments giant to launch PYUSD, a stablecoin backed by secure assets like dollar deposits and US treasuries, is a noteworthy step. This not only allows users to easily convert PYUSD into US dollars but also facilitates transactions involving various cryptocurrencies, including bitcoin, on the PayPal platform. This marks a significant stride towards merging cryptocurrencies with conventional finance.

The Expanding Influence Of The Cryptocurrency Industry

What’s remarkable is how the impact of the cryptocurrency industry goes beyond finance. Its reach extends to fields such as music, where artists are embracing non-fungible tokens (NFTs) to directly sell their creations to fans. In the film world, blockchain technology is changing distribution, offering enhanced transparency and fairer revenue sharing. Even the world of politics is not exempt; talks about central bank digital currencies (CBDCs) and decentralized governance models are reshaping traditional systems.

DogeMiyagi’s Vision & Crypto Community

Among the emerging stars in this dynamic landscape is DogeMiyagi. This meme token draws inspiration from Mr. Miyagi and embodies the strength of the community. With a clear roadmap and a community-driven ethos, DogeMiyagi’s goal is to become a fully-fledged Decentralized Autonomous Organization (DAO). The project aims to empower token holders and NFT owners for sustainable growth by focusing on quality over quantity. The token’s burn mechanism, inspired by the Karate Kid movies, not only demonstrates creativity but also showcases a commitment to scarcity by burning 99% of the MIYAGI tokens.

DogeMiyagi’s ambitions mirror the broader trend in the cryptocurrency industry – capitalizing on both technology and community. The ability to lock marketing and team wallets, along with a distinctive burn process, signifies transparency and a long-term outlook. This approach builds trust while highlighting the industry’s push for user safety and engagement.

As the cryptocurrency sector continues to permeate diverse sectors, from finance to entertainment, PayPal’s stablecoin launch signifies another achievement in its journey towards mainstream acceptance. Concurrently, projects like DogeMiyagi underscore the potential for innovation within this domain. With a vision that harmonizes technological progress and community engagement, DogeMiyagi aspires to solidify its position as a meme coin leader. As the crypto world shapes the future, those intrigued by this evolution are able to take a proactive step by participating in the DogeMiyagi presale, offering the chance for promising returns.

Embark on the DogeMiyagi presale during its early stages, and experience the influence of the cryptocurrency industry firsthand. Seize the opportunity for optimal returns by joining the journey now.

 

DogeMiyagi (MIYAGI):

Website: https://dogemiyagi.com

Twitter: https://twitter.com/_Dogemiyagi_

Telegram: https://t.me/dogemiyagi