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Hedera (HBAR) And Shiba Inu (SHIB) Are Shaky; Invest In The New Defi Star TMS Network (TMSN) Instead

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If you are looking for a new investment opportunity in the crypto space, you might want to consider TMS Network (TMSN). This Ethereum-based decentralized trading platform aims to provide an efficient, transparent, and secure way of digital trading assets.  TMS Network (TMSN) allows users to trade various assets including stocks, CFDs, cryptocurrencies, and forex in a decentralized environment using crypto payments. The TMS Token powers TMS Network to settle instant trades and transactions on the platform. The token can also be used to access other features of the network. These include decentralized exchange, voting, and governance.

TMS Network (TMSN) has recently emerged as a favorite among cryptocurrency investors following a 2000% gain in just two months. Investors in shaky ecosystems such as Hedera (HBAR) and Shiba Inu (SHIB) are now flocking to  TMS Network (TMSN) as a hedge against the losses suffered by these two cryptos.

Hedera (HBAR) and Shiba Inu (SHIB) Become Shaky, No Longer Reliable

Hedera (HBAR) is a cryptocurrency that runs on a blockchain known as a hashgraph. The Hedera (HBAR) Hashgraph enables cryptocurrencies, smart contracts, and distributed apps (DApps). Hedera (HBAR) claims to be faster, more efficient, and more secure than traditional blockchain platforms. However, Hedera (HBAR) has some drawbacks that make it less attractive to investors.

One of the main drawbacks of Hedera (HBAR) is its centralized governance structure. Hedera (HBAR) is governed by a council of 39 members, including corporations like IBM, Google, Boeing, LG, and Tata Communications. These members can decide on the network’s policies, fees, node operations, and consensus algorithm. While this may ensure stability and compliance, it also limits innovation and decentralization.

Another drawback of Hedera (HBAR) is its lack of interoperability with other blockchains. Hedera (HBAR) uses its proprietary consensus algorithm hashgraph. Hashgraph is incompatible with other blockchain standards like Ethereum or Bitcoin. This means Hedera (HBAR) users cannot easily interact with other networks or benefit from their innovations.

Shiba Inu (SHIB) is a token that aspires to be an Ethereum-based alternative to Dogecoin (DOGE), the popular memecoin. Shiba Inu (SHIB) is intentionally abundant — with a total supply of one quadrillion Shiba Inu tokens. The Shiba Inu (SHIB) Token ecosystem supports projects such as an NFT art incubator and the developing of a decentralized exchange called Shibaswap.

Shiba Inu (SHIB) is mainly driven by hype and speculation rather than fundamentals or utility. It has no clear use case or value proposition other than being a meme coin that aims to challenge Dogecoin’s dominance. Shiba Inu (SHIB also faces fierce competition from other meme coins that have emerged in recent months.

Shiba Inu (SHIB)’s price is highly volatile and unpredictable, depending mainly on social media trends and celebrity endorsements. For example, Shiba Inu (SHIB)’s price surged by over 1000% in May 2021 after Elon Musk tweeted about his pet Shiba Inu (SHIB) dog. However, it also crashed by over 80% in June 2021 after Vitalik Buterin donated half of his Shiba Inu (SHIB).

Why TMS Network is a Better Option

TMS Network is a platform that allows users to trade all derivatives via cryptocurrency payment. Users can trade across all major exchanges without ever needing to open an account again. TMS Network offers a non-custodial portfolio management solution, which means users always retain complete control over their assets. This eliminates the need to trust a third party with your investments and provides you with greater peace of mind and security.

One of  TMS Network (TMSN) goals is to combat financial and trading illiteracy.  TMS Network (TMSN)has a social trading feature that allows new traders to learn from more experienced traders, follow their signals, and copy their trades. The platform is compatible with the popular MT4 and MT5 trading platforms, allowing traders to plug in trading bots and strategy builders to automate and optimize trading performance. In addition, TMS Network’s powerful back tester tool allows traders to test their strategies before deploying them on the live market.

Traders who hold TMS tokens become a part of the TMS Network. They are paid a commission on trading volumes generated by other platform users. This commission grows in proportion to trading volumes and serves as a financial incentive for increased trading activity on the platform.

TMS Network (TMSN)) has maintained a strong presale campaign. The network is now in the third stage of its presale, with over 40% sold out in just two weeks. TMSN tokens are now worth $0.08, up 2000% since the presale began.  TMS Network (TMSN) is poised to continue rallying even after presale, with potential returns of up to 1000x. Take advantage of this opportunity and invest in this gem while it’s still undervalued.

 

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/TMSNetworkIO

Twitter: https://twitter.com/@tmsnetwork_io

Indian Fintech Company PhonePe Plans to Build A Localised App Store For The Indian Market, Set to Challenge Google’s Dominance

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Indian digital payments and financial services company headquartered in Bengaluru, Karnataka, India, PhonePe has disclosed plans to build a localized app store for the Indian market, as it seeks to challenge Google’s dominance.

According to an internal company document, the app store will be designed to offer hyper-localized services based on customer context and aims to assist developers with high-quality user acquisition through multilingual solutions. The app store will also offer a premier experience for millions of users with high-quality advertisements and custom targeting support for 12 languages and 24/7 live chat.

Speaking on the startup plan to roll out an App Store, the company said,

Google commands 97% of the Indian app store market and there is an opportunity for a company like PhonePe, which has amassed over 450 million registered users in the country, to build an alternative app store that is more localized not just from a language perspective but also from a discovery and consumer interest perspective.

All The OEMs are excited about PhonePe building out a localized App Store for the Indian market. We expect to be live on Android OEMs within the first few months of launch. We have already closed terms with one of the largest OEMs and are trying to get the others rapidly onboard over the next couple of months”.

The app store is the latest product push from PhonePe, which recently also entered the e-commerce category. The startup proposed plan to build an app store is coming after the Indian antitrust watchdog Competition Commission of India (CCI) last year October, ordered Google to make a series of changes, such as refraining from agreements that ensure exclusivity of its search services and mandatory pre-installation of its apps.

This decision was cheered by startups in India following the Supreme Court decision to uphold an antitrust order that forces Google to change how it runs its popular Android platform, which they believe the ruling would open the market for rivals and boost competition.

Also, in March 2023, PhonePe raised an additional $200 million in primary capital from Walmart, as it plans to deploy these funds to build scale new businesses like Insurance, Wealth Management, Lending, Stockbroking, ONDC-based shopping, and account aggregators.

Founded in December 2015, by Sameer Nigam, Rahul Chari, and Burzin Engineer, the PhonePe app is available in 11 Indian languages. Using PhonePe, users can send and receive money, recharge mobile, DTH, and data cards, make utility payments, pay at shops, invest in tax-saving funds, and liquid funds, and buy insurance, mutual funds, and digital gold.

Within three months of launch, the app was downloaded by over one crore users. In 2018, PhonePe became the fastest Indian payment app to get a five-crore badge on the Google Play Store. In January this year, the fintech startup declared the completion of its domicile shift to India and the full separation from Flipkart. The company also announced a partnership with Cloudflare to secure the mobile transactions made through its services. In February, PhonePe became the first fintech platform to enable cross-border UPI payments.

Notable Provisions of the CBN Guidelines on Automated Teller Machine (ATM) Operations in Nigeria

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The Central Bank of Nigeria (CBN) released its guidelines on Automated Teller Machine (ATM) operations with a view to creating a set of standards regarding :-

– Technology specification

– ATM operations

– ATM  security

– ATM maintenance

– Regulatory monitoring

– Dispute Resolution

What are the standards set by the guidelines on ATM technology and specifications?

The guidelines state that all ATM deployers/acquirers shall comply with payment and industry data security standards (PCI DSS). 

What are the standards set by the guidelines regarding ATM operations?

Some of the operating standards set by the guidelines are :-

  1. All ATM points shall be able to dispense all denominations of Naira.
  1. For deposit taking ATMs, acceptable denominations shall be displayed by the deployer.
  1. All ATM terminals shall be Levels 1 & 2 EMV compliant at a minimum and shall be upgraded from time to time, to comply with the latest version, within 12 months of release of the version.
  1. All ATM systems shall have audit trail & logs capabilities comprehensive enough to facilitate investigations, reconciliations & dispute resolutions.
  1. Card readers shall be identified by a symbol that represents the card, identifies the direction for which the card should be inserted into the reader, and which shall accept cards horizontally with the chip upwards and to the right. 

What are the provisions of the guidelines on ATM deployment?

The guidelines state on the issue of ATM deployment that :-

  1. All banks or independent ATM deployers may own ATMs, however such Institutions must enter into agreements with a card scheme or a scheme operator or their designated settlement agent for acceptance and settlement of all transactions at the ATM.
  1. All ATM transactions in Nigeria shall be processed by a Nigerian company operating in Nigeria as acquirer-processor.
  1. No card or payment scheme shall compel any issuer or acquirer to send any transaction outside Nigeria for the purpose of processing, authorizing or switching if the transaction is at an ATM or at any acceptance device in Nigeria and the issuer is a Nigerian bank or any other issuer licensed by the CBN.
  2. Stand-alone ATMs are not allowed. 

What are the provisions of the guidelines on ATM operations?

The guidelines provide that a bank or independent organization that deploys an ATM terminal for the use of the public shall ensure that :-

  1. ATM terminal declines or inoperability due to technical faults do not last more than 72 hours consecutively & where this is not practicable, customers shall be duly informed by the deployer.
  1. The help desk contacts are adequately displayed at the ATM terminals.
  1. All ATM charges are fully disclosed to customers.
  1. Cash retraction shall be disabled on all ATMs.
  1. Change of PIN services are provided to customers free of charge.

What are the provisions of the guidelines on ATM Maintenance?

The guidelines provide that regarding ATM Maintenance :-

  1. Notices are to be displayed at the ATM for planned maintenance period and disruption to service.
  1. An ATM maintenance register or log is kept properly.
  1. All ATMs and cash in the machines are insured.
  1. ATMs must be physically inspected by banks and independent organizations at least fortnightly. 

What are the provisions of the guidelines on ATM security?

The guidelines provide that regarding security :-

– Every ATM shall have cameras which shall view & record all persons using the machines as well as every activity at the ATM, including but not limited to card insertion, transaction selection, cash withdrawal, card taking, etc. 

– Where a surveillance camera is used, it should be kept secret to avoid illegal removal or damage or compromise. 

– Networks used for the transmission of ATM transactions must be demonstrated to have data confidentiality & integrity. 

– ATMs should not be placed outside buildings unless such ATM terminals are bolted to the floor and surrounded by structures to prevent removal.

What are the provisions of the guidelines on Dispute Resolution?

The guidelines provide that the reversal of failed on-us ATM transactions (when customers use their cards in their bank’s ATM) shall be instant & 24 hours maximum where instant reversal fails due to a technical or system glitch issue.

The refund timeline for failed not-on-us ATM transactions when customers use their banks on other Bank ATM terminals shall not exceed 48 hours. 

Arbitrum (ARB) In Trouble While Sparklo (SPRK) Grabs Investors Attention

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Experienced cryptocurrency investors and traders know that the true value behind cryptocurrencies can typically be seen in their early stages. As such, making an investment in a project that is undergoing its presale stage can typically be a solid option for those who want to get the most out of their investments, and Sparklo has recently gained a lot of appeal.

With the decrease in value of projects such as Arbitrum (ARB), investors have been eyeing SPRK as it has a 40x growth potential.

Arbitrum (ARB) Dips in Value by 16.3% and Leaves Investors Worried

Arbitrum (ARB) made an announcement on April 23, 2023, that they welcomed Pimlico to the overall ecosystem.

This means that Pimlico became available on Arbitrum (ARB) and launched its entire stack, including Verifying Paymaster, Sponsorship Paymaster, and Hosted Bundler.

As of April 23, 2023, the Arbitrum (ARB) cryptocurrency traded at $1.38. Here we can see that in the last 24 hours, the Arbitrum (ARB) cryptocurrency decreased in value by 6.3%.

Additionally, in the last seven days, Arbitrum (ARB) saw a decrease in its value by 16.3%, leaving investors worried.

Sparklo (SPRK)

Sparklo (SPRK) will be one of the largest platforms on top of which anyone can gain an opportunity to make investments within silver, gold, and even platinum.

Every investment can result in an entire NFT getting minted, then fractionalized. Afterward, each user can invest in it.

Users can invest within a small fraction of the NFT, or they can invest in an entire NFT and get the real-world asset delivered to them at any location. This asset can be a gold bar, silver bar, or platinum bar. As for the security of the network, InterFi Network audited it, and the liquidity will also be locked for 100 years. Additionally, the team is also processing a KYC application, whose results will be posted throughout the month.

How Sparklo (SPRK) Can Dominate

Throughout its presale period, at level one, the Sparklo cryptocurrency is offered at just 0.015. Analysts that are experienced within the Web3 space have predicted that its value can climb 40x in the upcoming months.

Due to the overall appeal surrounding investments within precious metals, many investors will find value and interest within it.

With the collapse of decentralized banks and inflation becoming high, many are seeking to diversify their holdings. By diversifying with SPRK and eventually through the precious metals that are a part of the ecosystem, investors will have exposure to a lot of different asset classes. Moreover, Sparklo will also work with jewelry stores in order to bring their products to market and will provide benefits to ecosystem participants.

Find out more about the presale:

Buy Presale: https://invest.sparklo.finance

Website: https://sparklo.finance

Twitter: https://twitter.com/sparklo_finance

Telegram: https://t.me/sparklofinance

Sparklo (SPRK) sees massive potential, while Render Token (RNDR) Dips in value

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Crypto investors and traders are consistently pushing towards ways in which they can get the most out of the Web3 space, from making investments in presale stage projects like Sparklo to finding other well-established projects that have grown throughout the test of time.

Render Token (RNDR) has been in decline, and as such, they have been eyeing the SPRK token more and more as it can grow by 40x. Today, we will go over why the token has grabbed so much attention.

Render Token (RNDR) Dips by 6.3% despite proposal movement

The team behind Render Token (RNDR) made an announcement on Twitter on April 23, 2023, where they went over how the final snapshot votes for PNP-002 and RNP-003 are still open and will close on April 25.

Despite the overall development and appeal behind the Render Token (RNDR) ecosystem, its cryptocurrency has been on a decline. On April 23, 2023, Render Token (RNDR) traded at $1.71.

In the last 24 hours, Render Token (RNDR) has been down by 6.3%. The overall decrease of Render Token (RNDR) in the last year has been 11.5%.

Sparklo (SPRK) To Enable fractionalized investments in NFTs for precious metals

Sparklo will become the investment platform on top of which investors can being their entry into the precious metals space by making fractionalized investments in silver, gold, and even platinum.

The platform will essentially mint non-fungible tokens (NFTs) that represent specific assets, including gold bars or silver and platinum. Afterward, users have the opportunity to either buy the entire NFT or buy a fraction of it.

If a person buys an entire NFT, they can get the precious metal delivered to them at any location.

Sparklo will also be working with jewelry stores to help bring their products to market and also give investors early access to these products and even discounts.

The Future of Web3 Investments

The Sparklo platform has already been audited by the InterFi network. Its team is currently processing a KYC application, where the results will get posted throughout the month. The liquidity behind the project will also be locked for 100 years.

SPRK token is offered at a value of just $0.015 at its level one presale. Analysts predict that its value can increase by 40x in the upcoming months due to the overall appeal of precious metals.

As centralized banks and overall institutions are beginning to collapse, and inflation has been higher than before in recent years, investors are looking for alternative assets to invest in. Precious metals, such as gold, for example, have historically been seen as a hedge against this inflation. Sparklo will allow anyone access to these precious metals and will break the barriers seen in the centralized, traditional ways of getting access to them.

Find out more about the presale:

Buy Presale: https://invest.sparklo.finance

Website: https://sparklo.finance

Twitter: https://twitter.com/sparklo_finance

Telegram: https://t.me/sparklofinance