The cryptocurrency market has been abuzz with activity as various digital currencies compete for attention. Amidst this bustling landscape, Anchorage Digital has made a remarkable stride, experiencing an astounding 80% surge in assets under custody. This achievement showcases the growing trust and confidence in the San Francisco-based crypto firm’s services.

Alongside Anchorage Digital’s success, two other cryptocurrencies, DogeMiyagi (MIYAGI) and XRP, have emerged as noteworthy contenders in the current bullish rally. Their rising popularity and potential for significant gains have captured the attention of investors and enthusiasts alike, highlighting their promising prospects in the dynamic crypto market.

Anchorage Digital Surges as Institutions Seek Secure Crypto Storage

According to a report by Bloomberg, San Francisco-based crypto bank Anchorage Digital has experienced a significant boost in its business this year, driven by institutions’ growing demand for safer cryptocurrency storage solutions. In the first quarter of 2023, Anchorage Digital witnessed an impressive 80% increase in assets under custody compared to the previous quarter. Notably, the firm obtained its federal charter as a crypto bank as recently as 2021.

Diogo Monica, the co-founder and president of Anchorage Digital, revealed that the inflow of funds to the company has reached billions of dollars, clearly indicating the heightened interest of institutions in the crypto market. Monica highlighted the ongoing shift from retail dominance to institutional accumulation, emphasising that although the overall market size may be smaller, the institutionalisation of cryptocurrency investments is expanding.

Anchorage Digital made history by becoming the first company to receive a federal charter as a crypto bank, granting it the authority to act as a custodian for financial institutions offering cryptocurrency services to their clients. Presently, the company is engaged in discussions with the newly launched institutional crypto exchange, EDX Markets, with the aim of providing custody services.

XRP: Bridging the Gap Between Traditional Finance And Blockchain Technology

Despite its current struggle to surpass the $0.5 mark, XRP remains a significant player in the cryptocurrency market. Designed for fast and cost-effective international money transfers, XRP aims to establish a seamless connection between traditional finance and the world of blockchain. Its growing popularity and adoption within the financial sector have led numerous banks and payment processors to integrate XRP into their systems. This recognition and incorporation signal the potential for wider acceptance and utilisation of XRP as a reliable and efficient method of global value transfer.

The ongoing SEC vs. Ripple case has once again thrust XRP into the spotlight. As the community eagerly awaits the verdict, the token has experienced a notable surge in its social dominance, a metric that measures the frequency of asset mentions across social media platforms like Twitter. Typically, such an increase is considered a positive indication of recovery, suggesting that the price of XRP is likely to recover from its losses incurred in June 2023.

DogeMiyagi (MIYAGI): Building A Vibrant Community And Utility

DogeMiyagi (MIYAGI) has emerged as a highly-anticipated meme coin, generating significant excitement within the crypto community. The project’s unique approach revolves around the lovable mascot, Mr. DogeMiyagi, who embodies a set of values and life experiences. With this charming character at its core, DogeMiyagi aims to stand out amidst the crowded meme coin landscape.

A standout feature of DogeMiyagi is its strong and engaged community. The project has successfully nurtured an active and supportive community that fosters valuable discussions, facilitates the exchange of DogeMiyagi NFTs, delves into cryptocurrency trends, and creates captivating memes. This vibrant community not only adds value to the project but also increases the likelihood of broader adoption.

Central to the DogeMiyagi ecosystem is the MIYAGI token, an ERC-20 cryptocurrency designed to offer versatile utility. The token serves various purposes, including facilitating cross-border payments, enabling NFT purchases, and contributing to network governance. This practical and multifaceted utility enhances the appeal of the MIYAGI token, positioning DogeMiyagi as a viable and functional cryptocurrency.

With its engaging community, unique mascot, and versatile token utility, DogeMiyagi aims to carve its path in the meme coin space, attracting attention and driving adoption among crypto enthusiasts.

For more information on DogeMiyagi:

Website: https://dogemiyagi.com

Twitter: https://twitter.com/_Dogemiyagi_

Telegram: https://t.me/dogemiyagi

In crypto, meme coins have emerged as a unique and entertaining category. Among the notable contenders in this space, DogeMiyagi (MIYAGI) stands out with its innovative approach and potential to disrupt the crypto industry.

In this article, we will explore DogeMiyagi’s distinctive features and how it is positioned to surpass industry veterans like Avalanche (AVAX) and Arbitrum (ARB) in the long run. We will also be speculating on the question in every crypto investor’s mind; can AVAX reach $1,000?

Avalanche: Can AVAX reach $1,000?

Avalanche (AVAX) has made waves in the crypto world with its exceptional scalability and rapid transaction finality. This blockchain platform aims to be the go-to choice for decentralised applications (dApps) and the booming DeFi sector. Its key strengths lie in its ability to handle high throughput, maintain low fees, and provide near-instantaneous transaction confirmations.

Compared to other crypto projects, Avalanche shines with its innovative consensus protocol, Avalanche consensus. This protocol ensures network security and enables validators to reach consensus swiftly, even in the face of malicious actors. Additionally, Avalanche’s robust ecosystem and interoperability with other blockchains make it a formidable force in the crypto space.

While it is important to acknowledge the inherent uncertainty in price predictions, the prospects for AVAX reaching $1,000 in the next bull run are optimistic. With Avalanche’s innovative technology, expanding ecosystem, and positive market sentiment towards altcoins, there is a strong foundation for potential growth. As adoption and recognition of Avalanche continue to increase, AVAX could potentially achieve significant price milestones, making the $1,000 mark an exciting possibility.

Arbitrum: Empowering Ethereum’s Scalability

Arbitrum (ARB), a Layer 2 scaling solution built on the Ethereum blockchain, tackles the scalability challenges faced by the network. By employing rollups, Arbitrum significantly increases Ethereum’s transaction throughput while maintaining its security and decentralisation.

What sets Arbitrum apart from other scaling projects is its seamless compatibility with existing Ethereum smart contracts. This ensures developers and users can benefit from Arbitrum’s enhanced capabilities without sacrificing the familiarity and functionality offered by Ethereum. With its potential to revolutionise Ethereum’s scalability, Arbitrum is well-positioned for long-term success.

DogeMiyagi Coin: The Future of Meme Coins

Now let’s shift our focus to the game-changer in the meme coin landscape – DogeMiyagi (MIYAGI). This vibrant and dynamic meme coin is built on the Ethereum blockchain, leveraging the power of humour and technology to create an ecosystem that is both entertaining and functional.

DogeMiyagi sets itself apart from traditional meme coins by integrating real-world use cases. The crypto offers a wide range of utilities, including staking, voting on platform decisions, and even participating in meme-creation contests. By tapping into the allure of memes, DogeMiyagi attracts a diverse community, from casual investors to passionate meme enthusiasts. This innovative tokenomics strategy establishes a solid foundation for adoption and long-term value.

Transparency and community engagement are at the core of DogeMiyagi’s philosophy. The project’s roadmap emphasises continuous technological updates, the introduction of new features, and strategic partnerships to enhance user experience and utility. Backed by a vibrant community, DogeMiyagi has emerged as a promising player in the meme coin landscape.

To sum up, as we navigate the ever-evolving world of cryptocurrencies, DogeMiyagi stands tall as a disruptive force ready to challenge established giants like Avalanche and Arbitrum. While Avalanche impresses with its scalability and Avalanche consensus, and Arbitrum empowers Ethereum’s scalability, DogeMiyagi brings a unique blend of humour, utility, and community engagement to the table.

With its commitment to innovation and a strong community backing its growth, DogeMiyagi is set to redefine the meme coin landscape and make a lasting impact in the crypto industry. Keep an eye on DogeMiyagi as it revolutionises the way we perceive and engage with meme coins!

DogeMiyagi:

Website: https://dogemiyagi.com

Twitter: https://twitter.com/_Dogemiyagi_

Telegram: https://t.me/dogemiyagi

As the story of the non-guilty verdict of Benjamin Mendy fills the air today, down here in Nigeria, a Magistrate Court sitting in Kaura, Nasarawa state also today found one Josiah Moses not guilty of rape allegations he was accused of in 2019 after he had spent about four years in prison before he was found not guilty and released today.

Benjamin Mendy, the former Manchester City football star was in October 2022 accused of raping a 24-year-old woman, similarly, a 29 years old woman also alleged that the football star molested and attempted to rape her two years earlier. He was found innocent of the rape and the attempted rape allegations and was released today after months of being behind bars.

Well, Benjamin Mendy and Josiah Moses who were both found not guilty and released today were even fortunate enough to not have lost their lives from the ordeal, unlike one late Izu who could not take the framing and accusations and was forced to take his life in 2020. The story of Izu is always evergreen in my memory, a budding fashion designer in his early 20s. His name was added to the list of rapists that was circulated on Twitter. He reached out to the compilers of the list to clear his name, his accuser confirmed that Izu never raped or attempted to rape her but she won’t take his name off the list of rapists. Izu could not take it anymore and he had to commit suicide to end it all.

Understandably, it is a societal thing that when it involves rape everyone gets sentimental and emotional and sides with the accuser or the presumed victim while the accused person loses the benefit of doubt or the presumption of innocence as provided by the Constitution. Immediately you are accused of rape, there is the likelihood that everyone, including the investigators and prosecutors, even your family and friends will believe your accuser over you, even when you are framed.

As a lawyer, I cannot count how many persons I have encountered who are languishing in prison detention for false rape accusations. Some are still in prison because they are indigent and cannot afford a lawyer to help them out, in fact, Josiah Moses was not able to afford a lawyer, he was represented pro bono. Just imagine if our office had not come along to represent him free of charge he wouldn’t have been out yet.

People like the late Izu have lost their lives by being falsely accused of rape, people like Benjamin Mendy will forever have their lives and careers ruined, and people like Josiah Moses suffered and lost a whole four years of his life; all these incidents and many more poses the question, whether there is a punishment for false rape accusers, if there is, is it commensurate or stringent enough to deter mischief makers from falsely accusing persons of rape?

As the punishment for rape in most jurisdictions of the world is a life sentence, nobody cares if you are framed or not, if you are not able to prove that you didn’t do it you will be jailed for life for something that you didn’t do, the same way should the punishment for false accusation of rape attract a life jail term but no, that is not the case; in the UK the accusers of Benjamin Mendy is likely going to pay just £2000 as a fine and or some months in jail and that will be it while back home in Nigeria, there is no provision for any punishment not even monetary fine against the false accusers of Josiah Moses. The worst he can do is to seek monetary compensation from the state and not from his accuser since it is the state that prosecuted him.

Nigerian laws should be amended to provide punishment for false rape accusers, not just some punishment but a stringent one. Lying under oath to incriminate a person itself is perjury which is a crime punishable with at least 14 years jail term as provided in S. 118 of the criminal code act and if the perjurer lies to incriminate a person for an offense punishable with a death sentence or life sentence, the accuser is to be punished with life jail term. False rape accusers should be prosecuted under the provisions of section 118 of the criminal code since they lied under oath to incriminate another, but this is yet to be the case.

Aside from false rape accusers being prosecuted for perjury and sent to jail, they should as well be made to pay substantial monetary compensation to the accused, compensating him for the stain on his name and for the lost time. The name of a false rape accuser should as well be on public record so that anyone interested can access and see it.

Once people are aware that if you accuse someone of rape and it ends up being a false accusation, you will be made to pay heavily for it, there will be little or no false rape accusations and innocent persons won’t be losing their lives and be sent to jail for something they did not do.

As a disclaimer, I as an individual and also as a legal practitioner condemns rape in its totality and I believe that no punishment melted on a rapist is enough but my submission is while rapists are being punished, false rape accusers should as well be punished, with that we can minimize the case of false rape accusations which are most times concocted as a vendetta by scorned lovers or angry exes. The side effect no doubt is that it may discourage genuine rape victims to come forward but as a principle of natural Justice postulates that it is better and more satisfactory for ten guilty persons to go free than one innocent person to be punished, we can live with rapists going scot free than innocent people falsely accused being punished for the offence they didn’t commit.