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Mysterious Bitcoin Wallet Comes to Life After Nine Years

By
Paul Ugbede Godwin
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0

In the world of cryptocurrencies, there are many mysteries and surprises. One of them is the phenomenon of dormant bitcoin wallets that suddenly become active after years of inactivity. These wallets contain large amounts of bitcoins that have been untouched for a long time, sometimes since the early days of bitcoin when the coins were worth very little.

One such wallet recently came to life after nine years of dormancy. The wallet contains 616 BTC, which is worth more than $40 million at the current market price. The wallet dates back to around the time that bitcoin’s pseudonymous creator Satoshi Nakamoto was last active online and has seen its value increase by more than 800,000%… According to Whale Alert, a service that tracks large cryptocurrency transactions, the wallet was activated on September 23, 2021, and transferred its entire balance to different addresses.

Who owns this wallet and why did they decide to move their bitcoins after so long? This is a question that many in the crypto community are asking, but there is no definitive answer. Some speculate that it could be a whale, an individual or a group with a large stash of bitcoins, who is planning to sell or trade their coins. Others suggest that it could be someone who forgot or lost their password and finally managed to recover it. And some even wonder if it could be Satoshi Nakamoto himself, returning to claim his fortune.

It is not possible to link the wallet to an identity or a location, due to the anonymous and decentralized nature of bitcoin. However, it is possible to track the movements of the coins through the public blockchain ledger, which records every transaction that ever happened on the network. If the owner of the wallet decides to cash out their bitcoins on an exchange or a platform that requires identification, they might reveal themselves. But until then, they remain a mystery.

This is not the first time that a dormant wallet containing huge sums of bitcoins has been activated without explanation. In November 2020, a mystery person moved more than $1 billion worth of bitcoins from the fourth largest wallet in the world. The wallet had been inactive since 2015 and contained 69,369 BTC. In January 2021, another wallet that had been dormant since June 2010 woke up and transferred 50 BTC to another address. The wallet was believed to be one of the earliest ones created by Satoshi Nakamoto.

There are dozens of other wallets that have been inactive for at least nine years and contain thousands of bitcoins each. Some of them might belong to people who died, lost their passwords, or simply forgot about their coins. Some of them might belong to early adopters who are waiting for the right moment to sell or use their bitcoins. And some of them might belong to unknown entities who have their own reasons for keeping their coins dormant.

The activation of these wallets can have an impact on the bitcoin market, as they introduce new supply and demand dynamics. If the owners decide to sell their bitcoins, they might cause a price drop and volatility in the short term. If they decide to hold or use their bitcoins, they might increase the demand and scarcity of the cryptocurrency. Alternatively, they could use their funds to support some crypto-related project or cause, or simply hold on to them for longer.

The activation of this dormant wallet is a reminder of the history and mystery of Bitcoin, a decentralized and pseudonymous currency that has grown from a niche experiment to a global phenomenon. It also shows that there are still many hidden treasures in the crypto space, waiting to be discovered or claimed by their rightful owners.

ApeCoin to be Delisted on Binance

By
Paul Ugbede Godwin
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0

In a shocking announcement, Binance, one of the largest cryptocurrency exchanges in the world, has decided to delist ApeCoin (APE), a meme-based token that claims to support animal welfare and conservation projects. The decision was made after Binance received numerous complaints from users and regulators about the legitimacy and transparency of ApeCoin and its team.

ApeCoin is a token that aims to support the evolution of art, gaming, entertainment, digital and physical events, storytelling, and everything else web3 dreams up. It is the official token of Bored Ape Yacht Club, a collection of 10,000 unique NFTs that grant access to exclusive benefits and experiences.

ApeCoin is an ERC-20 token that runs on the Ethereum blockchain. It has a total supply of 1 billion APE and a circulating supply of 368 million APE as of June 2023. The current price of ApeCoin is $3.13 USD, with a market cap of $1.15 billion USD, ranking it #41 among all cryptocurrencies.

According to Binance, ApeCoin has violated several of its listing criteria, such as providing accurate and timely information, maintaining a healthy and active community, and complying with relevant laws and regulations. Binance also stated that ApeCoin has failed to demonstrate its social impact and contribution to the crypto ecosystem, as well as its innovation and technical development.

Binance will suspend trading and deposits of APE on June 15, 2023, at 12:00 PM (UTC), and will withdraw all APE balances from users’ accounts on June 30, 2023, at 12:00 PM (UTC). Users are advised to withdraw their APE tokens before the deadline, or they will lose them permanently. Binance will not be liable for any losses or damages caused by the delisting of APE.

The delisting of ApeCoin has sparked a lot of controversy and debate in the crypto community. Some users have expressed their disappointment and anger at Binance for removing a popular and fun token that supports a noble cause. They have accused Binance of being biased and unfair and have threatened to boycott the exchange. Others have applauded Binance for taking a bold and responsible step to protect its users and reputation from a potential scam. They have praised Binance for being diligent and professional and have urged other exchanges to follow suit.

ApeCoin’s team has not issued any official statement or response to the delisting announcement. However, some sources claim that the team is planning to launch a new token on another blockchain platform, with a similar name and logo. The sources also claim that the team is offering a 1:1 swap for existing APE holders who want to migrate to the new token. However, these claims have not been verified or confirmed by any reliable authority.

ApeCoin’s price has plummeted by more than 90% since the delisting announcement, reaching an all-time low of $0.0001 per token but currently trading above $3 as of press time. The trading volume and liquidity of APE have also dropped significantly, making it harder for users to sell or buy the token. The future of ApeCoin looks bleak and uncertain, as it faces legal and regulatory challenges, as well as a loss of trust and support from its community.

HedgeUp (HDUP) Crushes Polygon (MATIC) and Solana (SOL) with Consistent 10X Gains, Experts Explain why  

By
TI Partners
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0

In the vast ocean of digital currencies, a new entrant has been making waves. HedgeUp (HDUP), a promising Defi project, has made its mark with consistent 10X gains, surpassing industry heavyweights Polygon (MATIC) and Solana (SOL). Crypto experts are now focusing their attention on this emerging player to understand the secret behind its impressive performance.

HedgeUp (HDUP): Unleashing Defi Potential

HedgeUp (HDUP) is a decentralized finance platform offering a range of lucrative features, including lending, staking, and yield farming services. The HedgeUp (HDUP) token is pivotal to this ecosystem, facilitating transactions and incentivizing user engagement. The token’s intrinsic value combined with the platform’s innovative features has fueled its staggering price growth.

Experts suggest that HedgeUp (HDUP)’s success lies in its ability to cater to the growing demand for more sophisticated and profitable Defi solutions. Moreover, its focus on security and transparency, often missing in the Defi space, has won investor trust, leading to its exceptional price performance. 

Comparing to Polygon (MATIC) and Solana (SOL)

Despite being powerful platforms in their own right, Polygon (MATIC) and Solana (SOL) haven’t been able to keep pace with HedgeUp (HDUP)’s ascent. Polygon (MATIC), though successful in addressing Ethereum’s scalability issues, has struggled with price consistency. On the other hand, Solana (SOL), despite its high-speed and low-cost transactions, is facing stiff competition from other similar platforms.

While both Polygon (MATIC) and Solana (SOL) have made significant contributions to blockchain technology, HedgeUp’s (HDUP) value proposition seems to resonate more with investors, primarily due to its direct profitability and growth potential. 

Expert Insights

According to industry experts, HedgeUp (HDUP)’s  success lies in its comprehensive approach to Defi. The platform has expertly integrated the lucrative aspects of decentralized finance, providing investors with an all-in-one solution for maximizing their crypto gains. Additionally, the robust community backing HedgeUp (HDUP) and the team’s dedication to constant development further strengthens its position.

Risk and Reward: The Balancing Act 

While HedgeUp (HDUP)’s performance has been stellar, investors should always remain mindful of the inherent volatility and risks associated with the crypto market. Just as rapid gains are possible, so too are significant losses. As always, due diligence is crucial before making any investment decisions.

Conclusion

HedgeUp (HDUP) has emerged as a notable contender in the crypto space, leaving behind established names like Polygon (MATIC) and Solana (SOL). Its meteoric rise can be attributed to the platform’s powerful Defi features, community support, and consistent development.

While the crypto market’s volatility always calls for cautious investing, the success of HedgeUp (HDUP) indicates that it could be an exciting addition to a diversified investment portfolio. However, as with all investments, careful research and understanding of the platform’s technology, use case, and market trends are essential. 

For more information about HedgeUp (HDUP) presale use the links down below:

  • Website: https://hedgeup.io/
  • Presale: https://app.hedgeup.io/sign-up
  • Telegram: https://t.me/HedgeUpChat
  • Twitter: https://twitter.com/HedgeUpOfficial

Nigerian Logistics Startup Haul247 Secures $3 Million in Seed Round to Expand Operations to Other African Markets

By
Ojukwu Emmanuel
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0

Nigerian end-to-end logistics technology platform that connects companies to haulage and warehousing service, Haul247, has secured $3 million in a seed round to expand operations to other African markets.

The funding round was led by Alitheia Capital which provided the equity capital and investment from Investment One which contributed $1 million in debt financing. This investment follows a pre-seed funding round in 2021 by Khafid Gbadamosi and Horsham Gates.

Speaking on the funds secured, Haul247 CEO Sehinde Afolayan said,

“Africa’s logistics sector continues to be hampered by a lack of supporting infrastructure, bottlenecks in service delivery, and a widespread informal approach to logistics business. Over 80% of the market is dominated by informal carriers operating with one to three vehicles. We founded Haul247 to address the supply-demand mismatch in the ecosystem, and this funding will enable us to optimize logistics service delivery in key African markets.

“Our platform connects businesses with reliable and efficient haulage and warehousing assets, making the movement of goods across the continent easier and faster. With the support of our investors, we will expand to new markets, recruit more talent and develop our technology to make logistics even more accessible and efficient for businesses in Africa”.

Founded by Sehinde Afolayan, Tobi Obasa, and Akindele Phillips in 2020, Haul247 provides a platform for businesses to seamlessly book trucks and warehouses across multiple geo-locations in Africa using real-time technology. Across its platforms, all logistics processes are blazing fast because of the company’s efficient partners and digital servers that anchor our work.

The Haul247 platform matches orders with available assets through an Airbnb-style model for trucks and warehouses. Partners are assured of reverse hauling, and shippers are charged less than they usually pay.

Whether you are an individual, farmer, FMCG, or manufacturing company, Haul247 will complement your supply chain process by providing movement and storage of your goods as well as providing valuable insights on tracking. The startup is committed to simplifying haulage solutions for Africa with value-driven services & 99.9% service uptime.

As of November 2022, the startup has onboarded 14 enterprise and FMCG businesses and also has over 1,000 trucks on its roster, with about 150,000 sqm of warehouse space available across multiple locations. The company currently operates only in Nigeria but is looking to expand into other African countries over the next couple of years. The goal is to ensure that more businesses across Africa can tap into trade opportunities that the AfCFTA will unlock.

Haul247 is trusted by leading brands which include PZ Cussons, Unilever, CWAY Group, Promasidor, Honeywell Flour Mills, GB Foods, Cormart, and Reckitt, amongst several others.

The Messi’s Coming to America and Business Lesson on Career Transitions

By
Ndubuisi Ekekwe
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2

The mercurial ace footballer, Lionel Messi, is coming to America: “Lionel Messi has agreed to join Inter Miami of the American MLS League, turning down more than a $1 billion offer from Saudi Arabian side Al-Hilal.” The US club will pay him about $54 million per year; he could have made about $1.7 billion for three seasons in Saudi Arabia.

Yet, that is not a fair comparison. The American deal offers Messi a part to own something over just being an employee. The Saudis will hire and pay him; in the US, he has a clear path to become a sports-entrepreneur. As a sports entrepreneur, Messi could command valuations in excess of $1.7 billion even within three years.

Soccer’s biggest superstar could soon be relocating to the U.S. Lionel Messi announced Wednesday that he plans to sign with Inter Miami, choosing the Major League Soccer team over a lucrative offer from Saudi Arabia or a return to his beloved Barcelona. The details of the Argentine forward’s deal with Miami aren’t yet known. But The Athletic reports that it could include a profit-sharing deal with Apple (which holds worldwide broadcasting rights to Major League Soccer) and Adidas (MLS’s exclusive jersey provider), and an ownership stake in Inter Miami when his playing career ends.

Ticket prices for Inter Miami’s road matches have jumped on the news, with the cheapest tickets to see the team play at the Los Angeles Football Club in September over $450.

Messi will leave Paris Saint-Germain on June 30 and could make his Inter Miami debut in August, The Philadelphia Inquirer reports, citing anonymous sources. (LinkedIn News)

Yes, by playing in the US even as he gets to his football retirement phase, he will seed licensing, branding, etc pipelines that over time, he could launch not just a football club (part of his deal), but a digital franchise in football which can be massive in the United States. Period, Messi and David Beckham (co-owner of Inter Miami) have a real chance to own a football-anchored startup unicorn. Saudi Arabia does not offer that opportunity.

How did I know? Read these words from Messi: “”I really wanted to return to Barça, I had that dream. But after what happened two years ago, I did not want to be in the same situation again, leaving my future in the hands of someone else…” In America, Messi will be the boss, not just  on the pitch, but also after he drops the jerseys, when he begins to wear suits in boardrooms. 

In the Igbo Nation, the elders will remind you – do not block the flow of the village stream because everyone depends on it. The stream here is the large American money base, and if Messi connects via ESPN, Fox Sports, etc as a player into their hearts, Messi 2.0 The Businessman will be worth so much more. He scored a great goal on this deal but the trophies will come years later on his net worth!

Thinking long-term to secure and score a distant future today, it is a #goal there and a lesson for us.

Lionel Messi has agreed to join Inter Miami of the American MLS League, turning down more than a $1 billion offer from Saudi Arabian side Al-Hilal.

Messi’s decision comes after his two seasons spell in PSG France where he won the Ligue 1 title twice. The former Barcelona playmaker turned down offers from European clubs, including his childhood club Barcelona, to move away from Europe.

“I made the decision that I am going to go to Miami,” Messi said…”I still haven’t closed it 100%. I’m missing some things, but we decided to continue on the path.”

Inter Miami is reportedly offering Messi a $54 million per year contract, much less pay than what Al-Hilal offered. Al-Hilal reportedly increased its offer to $1.7 billion for three seasons.

Updated (6/15/2023): Lionel Messi’s decision to sign with Inter Miami FC might deliver the financial kick that Adidas needs, according to Forbes. The German sportswear giant has sponsored the Argentine soccer star since 2006, striking a lifetime contract with Messi in 2017 worth an estimated $1 billion. Messi’s Major League Soccer debut later this summer is “likely to drive U.S. market share” for Adidas, Bernstein analysts write, boosting the company’s stock by up to 30%. That would be a welcome turnaround for Adidas, which has struggled with financial fallout from its terminated partnership with rapper and designer Ye.

  • Messi’s Miami contract, estimated to be worth $125 million to $150 million, reportedly includes profit-sharing agreements with Adidas and Apple.
  • The “Messi Effect” can already be seen in Inter Miami ticket prices. The lowest-listed resale price for Miami’s Leagues Cup match against Cruz Azul on July 21 — Messi’s first match — has increased 1,034%. Tickets were selling from $810 to $20,701.

Comment on Feed

Comment: I thought otherwise before but now I see great reason…

My Response: Messi needs to show his face as a player to connect with US fans. Coming from Saudi for this deal will make him look stale, but from the heart of football (Europe), he has sparks. Sure, he can pick $1b from Saudi but Adidas, Apple, and broad emerging soccer can help him score. The trophies for this will come later. As a ball club owner, he is better positioned.  Coming to America wins the $$$ because there is nothing else to be won by him.

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