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OKX Expands Sponsorship Deal with Manchester City FC

By
Paul Ugbede Godwin
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0

OKX, the leading online gaming platform, has announced that it has expanded its sponsorship deal with Manchester City FC, the reigning champions of the English Premier League. The new agreement will see OKX become the official gaming partner of the club, as well as featuring its logo on the sleeve of the team’s shirt.

OKX and Manchester City FC have been working together since 2019, when they signed a multi-year partnership that aimed to create engaging and innovative content for fans of both brands. Since then, OKX has launched several exclusive promotions and campaigns for its users, such as giving away VIP tickets to watch Manchester City games, offering special bonuses and rewards for playing OKX games, and hosting live events with Manchester City players and legends.

The expanded sponsorship deal will allow OKX to reach a wider audience and enhance its brand awareness and reputation in the global gaming market. OKX will also benefit from Manchester City’s extensive digital and social media platforms, which have over 100 million followers worldwide. OKX will collaborate with Manchester City to produce more exciting and interactive content for their fans, such as behind-the-scenes videos, interviews, quizzes, and competitions.

Manchester City FC is one of the most successful and popular football clubs in the world, having won seven domestic titles, six FA Cups, eight League Cups, and one UEFA Champions League trophy. The club is known for its attractive and entertaining style of play, as well as its commitment to social responsibility and community engagement. Manchester City FC has a loyal and passionate fan base across the globe, especially in Asia, where OKX operates.

OKX is a leading online gaming platform that offers a variety of games, such as sports betting, casino, poker, bingo, and lottery. OKX aims to provide a safe, secure, and fun gaming experience for its users, with high-quality graphics, sound effects, and customer service. OKX also supports responsible gaming and promotes fair play and transparency. OKX has over 10 million registered users and operates in several countries in Asia.

The expanded sponsorship deal between OKX and Manchester City FC is expected to bring mutual benefits for both parties, as well as create more value and enjoyment for their fans. OKX CEO James Lee said: “We are delighted to extend our partnership with Manchester City FC, one of the best football clubs in the world. We share the same vision of delivering excellence and innovation to our customers and fans. We look forward to working with Manchester City FC to create more amazing content and experiences for our users.”

Manchester City FC Chief Operating Officer Omar Berrada said: “We are very pleased to continue our relationship with OKX, a leading online gaming platform that has shown great support and enthusiasm for our club and our fans. OKX has been a fantastic partner for us over the past two years, and we are excited to take our partnership to the next level. We thank OKX for their trust and confidence in our club, and we hope to achieve more success together in the future.”

Finance Platform SoLo Funds is Expanding to Nigeria to Further Its International Growth

By
Ojukwu Emmanuel
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0

Financial service provider enabling a marketplace where members can request and fund emergency needs, SoLo Funds has revealed that it is expanding to Nigeria.

In a bid to further its international growth, Nigeria is SoLo Funds first international market, as the company plans to expand into more international markets in the next 12-18 months.

Speaking on its expansion to Nigeria, the CEO of SoLo Funds Rodney Williams said

“It is the test case. It is the template. It is the first. We are not stopping with Nigeria, we look at Nigeria as the gateway to the continent. For us to do what we do, we have to partner, we have to leverage many partners to deliver our solution and those partners have to be in the market and be successful in the market. And in Nigeria, we saw many examples of that”.

Owing to the fact that Nigeria has the largest economy in sub-Saharan Africa, with a booming fintech ecosystem, which is largely driven by increasing smartphone penetration and a massive unbanked population, SoLo Funds seeks to tap into the country’s vibrant fintech sector.

With its expansion to Nigeria, the fintech company will bring its community of finance powered by people, where members can request and fund emergency needs.

Founded in 2018 by Rodney Williams and Travis Holoway with its headquarters in Los Angeles, California, United States, SoLo Funds has grown to over one million users.

Since its launch, SoLo has seen 800K loans funded, $400M in transaction volume, a 93% repayment rate, and a median funding time of fewer than 15 minutes, with 82% of its members being from underserved zip codes. 

SoLo Funds allows customers to request a cash advance from its community of lenders. Approval takes a few days, which is much longer than competitors, but all fees are optional. It also provides peer-to-peer cash advances that may be suitable for small, non-urgent expenses.

The app gives users more control over the loan than some of its competitors, including the ability to choose a loan amount and repayment date. The app also doesn’t charge mandatory fees, a rarity among cash advance apps. Notably, the app has 4.6 stars across more than 8,000 reviews on Google Play and 4.3 stars across more than 15,000 reviews on the Apple Store.

The company has also issued over $200 million in loans and a total of $400 million in transaction volume through a fintech offering that caters to communities that have historically been economically disenfranchised.

On May 9, 2023, SoLo Funds was chosen as a 2023 CNBC Disruptor 50 company making its founder the 1st founder to receive such a distinction for two different companies. 

At 50, the startup was chosen because of its groundbreaking community finance model where its members back each other, enabling people to borrow and lend from each other. With a focus on serving underserved communities, SoLo has promoted innovation and community impact.

SEC Says Spot Bitcoin ETF Filings by BlackRock, Others Aren’t Clear

By
Paul Ugbede Godwin
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0

The U.S. Securities and Exchange Commission (SEC) has issued a statement on the recent wave of applications for spot bitcoin exchange-traded funds (ETFs), saying that they do not meet the standards for approval. The SEC said that the applicants have not demonstrated how they would comply with the federal securities laws and the rules of the national securities exchanges, especially in terms of preventing fraud and manipulation.

The SEC also said that the spot bitcoin market is highly volatile, unregulated, and susceptible to cyberattacks, which pose significant risks for investors and market integrity. The SEC urged the applicants to withdraw their filings or face rejection. The statement comes as a blow to the hopes of many bitcoin enthusiasts who have been waiting for a spot bitcoin ETF to launch in the U.S., following the success of several bitcoin futures ETFs that debuted last year.

A spot bitcoin ETF would track the price of bitcoin directly, rather than through derivatives contracts, and would allow investors to buy and sell bitcoin without having to deal with the complexities and costs of custody and storage. However, the SEC has been reluctant to approve such a product, citing concerns about the lack of oversight and transparency in the underlying market. The SEC has also rejected several proposals for bitcoin ETFs in the past, including those from VanEck, Bitwise, and Wilshire Phoenix.

The SEC’s statement does not mean that a spot bitcoin ETF is impossible in the future, but it does indicate that the current applications are inadequate and need to be revised or withdrawn. The SEC said that it welcomes engagement with potential applicants on how to address the issues it raised, and that it will continue to monitor developments in the digital asset space. The SEC also reminded investors to exercise caution when investing in any product related to bitcoin or other cryptocurrencies, and to do their own research before making any investment decisions.

Interestingly, Revolut US — one of the leading fintech platforms in the country, has announced that it will delist three popular cryptocurrencies from its app starting from September 1st, 2021. The affected coins are Cardano (ADA), Polygon (MATIC), and Solana (SOL).

According to a blog post published by Revolut US on August 25th, the decision to delist these coins was made due to regulatory uncertainty and compliance issues in the US market. The company stated that it has been working closely with its partner bank and regulators to ensure that it can offer a safe and compliant service to its customers, but that the current situation does not allow it to support these coins any longer.

Revolut US said that customers who hold any of these coins will have until August 31st to sell them or transfer them to an external wallet. After that date, customers will not be able to access their balances or perform any transactions with these coins. Revolut US also warned that customers who do not take action before the deadline may lose their funds permanently, as the company will not be able to recover them.

The announcement came as a shock to many Revolut US users, who expressed their disappointment and frustration on social media. Some users accused Revolut US of betraying its mission of democratizing finance and giving users more choice and control over their money. Others questioned the legitimacy and transparency of the company’s decision, and wondered if there were ulterior motives behind it.

Revolut US is not the first fintech platform to delist certain cryptocurrencies in the US market. Earlier this year, PayPal and Venmo also removed support for some coins, such as Dash (DASH) and Zcash (ZEC), citing similar reasons of regulatory compliance. However, Revolut US’s move is more significant, as it affects some of the most popular and widely used coins in the crypto space, with a combined market capitalization of over $100 billion at the time of writing.

The delisting of ADA, MATIC, and SOL also raises questions about the future of crypto regulation in the US, and how it will impact the innovation and adoption of this emerging technology. Many crypto enthusiasts and experts have been calling for more clarity and consistency from regulators, as well as more collaboration and dialogue between the public and private sectors. They argue that a more supportive and balanced regulatory framework is needed to foster innovation, protect consumers, and ensure fair competition in the crypto industry.

The US Supreme Court Made A Mistake By Striking Down Biden’s Student Loan Forgiveness

By
Ndubuisi Ekekwe
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1

I am very unhappy the US Supreme Court has struck down Biden’s plan for federal student loan forgiveness. With this ruling, millions of students will not see their debts decreased or erased. As an immigrant who came with a student visa and who received the generosity and kindness of Americans that close to $400,000 of my education tuition/fees were paid for, under fellowships and scholarships, this ruling is painful.

It is painful because a student with loans has limited options. In other words, if you have a student loan, upon graduation, paying that loan becomes what drives your career. Yes, that startup opportunity is muted because the first loan payment is due in 6 months and the startup cannot support the payment.

This loan forgiveness in the generous America would have liberated many young people to DREAM, untethered by the burdens of loans. Sure, I understand the argument that if you keep forgiving loans, schools will keep racking up fees and tuition knowing that governments will take the tab. (Of course, most states are not open to allowing those loans to go since the tax on the interest payments generate massive revenue to them. In other words, the student loans are sources of revenue for most states.)

But that misses the point: potential beneficiaries of these loans are largely poor and lower middle class families. Most of their schools do not charge much, even as their schools do not give them the ladder to earn really much as the top 20 ranked universities in the United States. Those schools, if you graduate from them, just the name alone will get you a nice job, and with that job, you can pay off student loans. Have you seen an unemployed Harvard graduate? Johns Hopkins? IMT? They’re not smarter but their schools give them opportunities. 

Without Johns Hopkins and Carnegie Mellon in my resume, many opportunities I have today will not be possible. At least you have a chance before they know how competent you are!

The University of California, one of the country’s largest university systems, comprising nine different campuses, just issued a statement calling today’s ruling a “disappointment.”

“This historic relief program would have made a significant impact on the lives of college graduates, particularly for those from low-income backgrounds who are more likely to take on debt to complete their education,” the statement reads. “It also harms society as a whole: Those with student loans are less likely to earn advanced degrees, purchase a home, start their own business or make other investments that benefit their communities.”

It is an irony: it is safer to borrow $400k to attend Harvard than $40k to one yoyo school. While the Harvard guy can easily pay back that $400k, the guy from that low quality school will struggle for decades to pay the $40k. The $40k guy is among those Biden was trying to help. This ruling, unfortunately, will severely impact Blacks and Latinos more, and the Supreme Court missed an opportunity to reset futures for many young people.

Of course, law is not about morality, and the Court may not care.

My Response: “Bro U are a guest in somebody’s country.” – I am not a guest. I pay taxes in America and unlike possibly Nigeria , the system is designed for everyone to have a voice. Elon Musk is not a guest. So, leave that line of thinking and focus on ideas. This is about debate.

Your argument that if you must forgive student loans, also forgive mortgages, is valid. Also valid that Ford, GM, etc are getting special funds to improve their businesses even when SMEs get nothing. In a free society, you make your argument and the best win.
 
If you buy an EV car like Tesla, during tax filing, government gives* you some money. Buy non-EV, you get nothing. On your argument, government should not do that. The conclusion is this: government can forgive student loans today. In 2008-2011, it wrote off many mortgages without consulting students with loans.

HBAR Price Predictions: A Look At Uwerx Positive Outlook

By
TI Partners
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0

Experts tip Uwerx to be even more impressive after the presale. We analyze its post-presale potential and Hedera’s (HBAR) market prospect below.

Uwerx is preparing to launch into the main market, and the expectations for the new crypto asset are high. It is expected to experience a post-presale surge and has all it takes for this to occur. The crypto project is already listed on CoinSniper, and the UniSwap listing will follow after its presale. These listings are projected to improve Uwerx’s market popularity and prominence, and the value could likely increase too. More is expected of the buzzing token in the coming months, and Hedera (HBAR) is another altcoin that could be worth your attention.

>>BUY WERX TOKENS NOW<<<

Hedera (HBAR) Shows Low  Loss Potential

Hedera (HBAR) is an excellent option for crypto investors who love playing safe. It is a low-price crypto asset with a lower loss margin. Hedera (HBAR) had a brief pump in the previous month but was unable to keep up the momentum, causing it to decline drastically. The altcoin is, however, showing signs of growing momentum. It has gained about 11%  price increase in the previous week, but analysts are not quick to see it as the beginning of a bullish reversal.

The bulls are currently in control of Hedera’s (HBAR) price swing. The altcoin has had about 4% price gain in the last 24 hrs, currently trading at $0.051. This is close to its $0.053 30-day peak price, indicating that the cryptocurrency’s decline isn’t outrageous.  Hedera (HBAR) could gain more momentum in the coming months,   improving its bullish run and profit-yielding potential.

>>BUY WERX TOKENS NOW<<<

Uwerx : Potential Investors Rush WERX’s Presale

Uwerx has demonstrated that it’s a reliable project with excellent future projections. The blockchain-backed platform will bring irresistible perks for freelancers, with a high possibility of attracting users across the globe. Uwerx’s features will help it stay ahead of competition, as the platform will introduce numerous features that no current platform can beat.

Some of the things to expect from Uwerx include a 1% transaction process fee, compared to the popular 10-20% minimum in the industry. Uwerx will also introduce rewards and incentives for freelancers and community members. Transparency, security, and productivity are not optimum in traditional freelancing platforms. However, Uwerx will improve on these limitations and others.

The community support Uwerx enjoys, its developers’ dedication, and the profitability of the freelancing industry are major factors that contribute to its projected success apart from its features. Crypto enthusiasts having doubts about Uwerx’s potential are now reaching a sudden realization after the release of the platform’s Alpha version.

The display of reliability by locking team tokens for 9 months and liquidity tokens for 10 months, as well as proof of adequate security auditing, has improved trust in the crypto project and eliminated pessimism. Uwerx is now gaining more attention than before, as everyone is trying to enter it at the current entry price.

Uwerx’s token price is expected to increase soon, causing potential investors to move swiftly toward entering its presale. This could be a smart move in the long run, and you should join the presale too.

 

Don’t miss out on the Uwerx presale:

Presale: invest.uwerx.network

Telegram: https://t.me/uwerx_network

Twitter: https://twitter.com/uwerx_network

Website: https://www.uwerx.network

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