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Time for Next Career Elevation; Many Are Holding The Crossover “Bridge”

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If your company “promotes” you, or you accept a new offer where you are 100% ready on Day 1, it is not an elevation, but a job title evolution. Career ascension requires taking responsibilities which even though you may not be 100% ready on Day 1, you know that you have inherent capabilities to quickly rise to the occasion.

Today, I ask you to accelerate your leadership ascent. The most memorable presentation I have ever made was speaking before Bill Gates for about 60 minutes. I had calculated how much he makes per minute and was concerned about one key thing: would they cut me off after 3 minutes? But magically, after I finished, he came across the table, extended his hand, and I asked a fellow to take a photo of both of us.

I made it back to the hotel and said “Ndubuisi, you underestimate yourself”. Indeed, why was the doubt? I did not need to have done it until I did it the first time! That is it, we underestimate ourselves because we never think that humans are always available, to help, if necessary. But if we dream big, help will come.

In secondary school, because I was a science student, I registered for art courses in SSI, deciding to take them in GCE while in school. Then, WAEC published the exact dates and they clashed with my secondary school internal exams in SS1. My principal, Mr. Ogbonnia, and his deputy, Mr.Alaohuru, changed the exam calendar to accommodate my GCE schedules. They provided a crossover and I was fine, shuttling those exams but never missed any.

Simply, aim higher and keep looking up because no one was born a CEO, a Director, or a president. All, and everyone, were once not one. Yes, it’s time for the next lift because you’re more than ready. And will cross as many are holding that  crossover “bridge” to help.

Binance is Applying to get Registered in Taiwan, As Kraken Outpaces Coinbase on Liquidity

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Binance, the world’s largest cryptocurrency exchange by trading volume, is reportedly seeking to register with the Financial Supervisory Commission (FSC) of Taiwan as part of its efforts to comply with anti-money laundering (AML) regulations. According to a report by Bloomberg, Binance has submitted an application to the FSC for a license under the Money Laundering Control Act, which requires cryptocurrency service providers to implement AML policies and procedures, conduct customer due diligence, and report suspicious transactions.

Binance’s move comes amid increasing regulatory scrutiny and pressure from authorities around the world, who have expressed concerns about the potential use of cryptocurrencies for illicit activities such as money laundering, tax evasion, and terrorism financing.

In recent months, Binance has faced bans, warnings, investigations, or restrictions from regulators in countries such as the UK, Japan, Germany, Italy, Singapore, Canada, Thailand, and the US. The exchange has also been sued by users who claim they lost money due to technical glitches or poor customer service. Binance has repeatedly stated that it is committed to complying with local laws and regulations wherever it operates, and that it is actively seeking licenses and partnerships with regulators and industry associations.

The exchange has also announced several initiatives to enhance its compliance capabilities, such as hiring former regulators and compliance experts, expanding its compliance team, implementing new verification requirements for users, and limiting some services or products for certain jurisdictions. By applying for a license in Taiwan, Binance may be hoping to gain a foothold in a market that is relatively friendly and open to cryptocurrencies. Taiwan has not banned or restricted cryptocurrency trading or mining and has adopted a “wait-and-see” approach to regulating the industry.

However, Taiwan is also part of the Asia-Pacific Group on Money Laundering (APG), a regional body that monitors and evaluates the compliance of its members with international AML standards. The APG has recently urged Taiwan to strengthen its oversight and enforcement of cryptocurrency service providers, as well as to enhance its cooperation and information sharing with other jurisdictions. Therefore, Binance may still face challenges and hurdles in obtaining and maintaining a license in Taiwan, as well as in meeting the expectations and requirements of both local and global regulators.

Kraken Outpaces Coinbase as most Liquid US Exchange for Altcoins

In the fast-growing and competitive cryptocurrency market, liquidity is a key factor that determines the success and profitability of an exchange. Liquidity refers to the ease and speed with which traders can buy and sell assets without affecting the market price. Higher liquidity means lower spreads, faster transactions, and more accurate price discovery.

According to a recent report by CryptoCompare, a leading data provider for the crypto industry, Kraken has surpassed Coinbase as the most liquid US exchange for altcoins in July 2023. Altcoins are cryptocurrencies other than Bitcoin, such as Ethereum, Cardano, Polkadot, and many more. The report analyzed the top 25 altcoins by market capitalization and measured their average daily liquidity across 11 US-based exchanges.

The results showed that Kraken had the highest liquidity score of 784, followed by Coinbase with 760, Gemini with 603, and Binance.US with 491. The liquidity score is a metric that ranges from 0 to 1,000 and reflects the order book depth, bid ask spread, and trading volume of an asset. A higher score indicates a more liquid market. Kraken’s dominance in altcoin liquidity can be attributed to several factors, such as its wide range of supported assets, its innovative trading features, its low fees, and its high security standards. Kraken currently offers over 60 altcoins to its US customers, more than any other exchange in the country.

Moreover, Kraken allows traders to access advanced tools such as margin trading, futures trading, staking, and dark pool trading, which can enhance their trading strategies and returns. Additionally, Kraken charges some of the lowest fees in the industry, starting from 0% for makers and 0.16% for takers. Finally, Kraken is one of the most secure and reliable exchanges in the world, with a proven track record of protecting its customers’ funds and data.

As the crypto market continues to grow and diversify, altcoins are becoming more popular and valuable among investors and traders. According to CoinMarketCap, the total market capitalization of altcoins has increased by over 1,000% in the past year, reaching over $1.3 trillion as of August 2023. This represents about 60% of the entire crypto market cap. Therefore, having access to a liquid and efficient exchange for altcoins is essential for anyone who wants to participate in this exciting and dynamic sector.

The Concept of Judicial Review: Marbury v Madison

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On Today’s episode of Learning The Law, we would take a break from English Locus Classicus and pay attention today to an old American case upon which founded the concept of judicial review, strengthened the doctrine of checks and balances and as well extended the power of the judiciary to make laws just as it interprets laws. This is the case of Marbury v Madison decided in the year 1803. 

In the case of Marbury V Madison, the core issue for determination before the court is who can ultimately decide what the law is; is it the executive, the legislature or the judiciary? The court held that it is the judiciary that has the ultimate power to determine and to say what the law is.

The decision of this case gave the court the unalloyed ability to strike down laws that are in conflict with the constitution on the primary ground that such law is unconstitutional and that power of the court to strike down any act of parliament or any executive order which is not in consonance with the constitution is called judicial review. This implies that before any law is made by the legislature or any order is given by the executive such law or order must first be subjected to a litmus test to determine the legality and applicability of such order or law and that litmus test is called judicial review.

Judicial review in its basic meaning is a type of court proceeding in which a judge reviews the lawfulness of a decision or action made by a public body. This Judicial review power established in the case of Marbury v Madison strengthened one of the core pillars of modern society which is the pillar of checks and balances. It set up the judiciary as a watchdog to checkmate the arbitrary activities of both the legislature and the executives. Check and balances were specifically created to prevent any branch of the Federal Government from becoming too powerful to usurp the powers of other arms of government.

Why the decision in Marbury v. Madison is a landmark one is that it greatly expanded the power of the Supreme Court of the United States by establishing its right to overturn acts of Congress; a power that was not explicitly granted by the Constitution of the United States.

The decision in Marbury V Madison also posited that Congress or the lawmakers do not have the power to modify the Constitution through regular legislation because the Supremacy Clause in the Constitution places the Constitution before other laws and makes the Constitution supreme and above other laws.

Today, any country of the world that is practicing constitutional democracy has come to accept and appreciate the 1803 decision in the Marbury v Madison and since then it has become a popular opinion, generally accepted that it is the judiciary that has the power to decide what is law and what is not law.

Marbury v. Madison, 5 U.S. 137 (1803)

 

Microsoft and Aptos (APT) Partner Up, APT Price Pumps Algorand (ALGO) and Pomerdoge (POMD) on Uptrend

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In recent times, noteworthy developments have unfolded, leading to significant price actions for some prominent cryptocurrencies like Aptos (APT), Algorand (ALGO), and Pomerdoge (POMD). This article will spotlight all three developments as the crypto market is bullish.

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

Aptos (APT): Pumps 9%

Aptos (APT), a forward-thinking blockchain project, has joined forces with technology giant Microsoft in a remarkable turn of events. This partnership will enable Aptos to use Microsoft’s (MSFT) AI technology. Furthermore, the Aptos Assistant chatbot, which will respond to user inquiries regarding the Aptos ecosystem, was also revealed.

As a result, this strategic collaboration has sent ripples of excitement throughout the crypto community. Thus, triggering a significant price surge for the Aptos token. Currently, the Aptos price sits at $7.33 with a market cap of $1.6B, up 9.54% overnight.

Not only that, the Aptos trading volume has also increased by 787% in that same period, reaching $742,439,928. Due to these reasons, many experts remain bullish for Aptos, forecasting a $8.64 price for it by December 2023.

Algorand (ALGO): Bullish Momentum Continues

Amid the dynamic crypto market, Algorand (ALGO), a blockchain platform focused on scalability, has continued to exhibit bullish momentum. In fact, the Algorand price has jumped by 5.2% over the past week. Its green charts reflect investor confidence and a growing interest in its ecosystem.

Recent Algorand news revealed that it would work with the Clinton Foundation to combat climate change. In other words, the partnership will investigate original strategies to handle environmental changes.

Consequently, the Algorand price soared as it now trades at $0.1122, a rise of 0.02% in the past 24 hours. Moreover, both its moving averages and technical indicators are in the green. Therefore, market analysts predict Algorand could pass the $0.13 level by the end of 2023.

Pomerdoge (POMD): Riding the Waves of Success

Pomerdoge (POMD), a rising presale star in the crypto space, has garnered attention for its unique concept and promising trajectory. The P2E game, built around user connection and competition, has captivated players and buyers alike.

Pomergame: The Core Element

P2E is one of the most exciting gaming platforms and will bring in $3618M by 2028. Therefore, Pomerdoge aims to tap into this flourishing market with Pomergame.

Players accumulate in-game assets and tokens as they embark on quests, defeat opponents, and unlock achievements. These rewards can be traded or sold within the Pomerplace marketplace, creating tangible value from virtual achievements. This innovative approach empowers players to enjoy the game and participate in a burgeoning economy.

Also, Pomerdoge leverages NFTs to create a sense of scarcity for in-game assets. The upcoming release of the 7,777 Pomerdoge NFT collection has generated considerable anticipation, as each NFT is poised to hold unique benefits. NFT holders will enjoy exclusive perks, creating an added layer of value.

Buyers Flock to the POMD Presale

Purchasing the POMD native token provides access to these NFTs and unique items on the Pomerdoge marketplace. This token costs just $0.008 as it is in Phase One of its presale.

As most experienced traders know, early project investment frequently results in significant returns. With this factor in mind, plus its low market cap of $8M, experts predict POMD could even surge higher than Aptos and Algorand. As a matter of fact, they foresee a 17x jump before its presale is over – so do not miss out; sign up below.

 

Find out more about the Pomerdoge (POMD) Presale Today

Website: https://pomerdoge.com/

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

Principles of Investing in Startups and Young Companies – Tekedia Mini-MBA Live

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This is one course we offer with super-diligence at Tekedia Mini-MBA. Yes, we do not want our learners to think they can take some risks which they may not be prepared to handle. Yes, do not take money for Indomie noodles or diapers, and put it in a fintech, expecting alpha.

 Indeed, to protect our learners, our faculty members have focused on the “boring” investment stuff like bonds, stocks, mutual funds, treasury bills, etc. Our eminent faculty like Azeez Lawal, MD of Trusbanc Capital; Victor Ndukauba, DMD of Afrinvest West Africa; Victoria Madedor of Bank of Industry;  Japheth Jev of Japheth Consulting; and many others continue to deliver the best courses in the investment domain. 

Through them and other faculty members, Tekedia Institute has become a temple for the mastery of entrepreneurial business education in Africa. We have more learners here, on the broad business education than any university in Africa.

Yet, if you do not have knowledge, you are follow-follow in this world.  So, we do teach those principles on what investors think as they make investments in startups and young companies. I will be teaching, not as a Lead Faculty of Tekedia Institute, but as Chairman of Tekedia Capital, today. Together, we will understand the mechanics of investing in early stage companies for ACADEMIC purposes.

Yes, I missed investing in Kuda ( I explained here), but we invested in TAP (Cowry card) which grew from 1,000 to 3 million users in three years, and has delivered so much value that I can qualify for a chieftaincy title in the village now! Zoom link in the classroom.

Unicorns: The Trophies of the FUTURE