There are over 23,700 blockchain and cryptocurrency projects, making it the perfect industry for investors looking for opportunities with great returns. MultiversX (EGLD) and WOO Network (WOO) once fit that description.

However, due to the ongoing bear market, investors are now looking for better opportunities. One project that has caught their attention is Tradecurve (TCRV), which is bringing the traditional finance market to the blockchain. This heightened interest shows that Tradecurve (TCRV) has huge potential as a token that offers staking rewards better than even Ethereum.

MultiversX (EGLD)

MultiversX (EGLD) is a highly scalable, fast, and secure platform for dApps. Since February 13th, the price of MultiversX (EGLD) has been falling beneath a descending resistance line. A recent attempt to break out of this trend occurred on April 27th. Unfortunately, the breakout was unsuccessful, resulting in a long upper wick.

This signals bearish sentiment, as it indicates that buyers could not maintain the price level, allowing sellers to take control and push the price of MultiversX (EGLD) downward. If a breakout should occur, MultiversX (EGLD) could potentially rise to $50.

However, if the resistance line continues to prompt rejections, MultiversX (EGLD) could drop to $38. At press time, MultiversX (EGLD) is $43.90  with a 24-hour trading volume of $151,823,843. The token’s price has declined by about 1.03% in the past 24 hours although it has increased by 11.38% in the last week for MultiversX (EGLD).

WOO Network (WOO)

WOO Network (WOO) has been trading within an ascending parallel channel since the start of the year. On April 15th, Woo Network (WOO) faced rejection at the channel’s resistance line, leading to a subsequent decline.

However, WOO Network (WOO) rebounded at the $0.26 horizontal support level on April 24th and began an upward trajectory.

If WOO Network (WOO) can hold this trajectory, it could potentially reach the channel’s resistance line at $0.36. However, if the rally loses steam, WOO Network (WOO) may retreat to the $0.26 zone once more.

Currently, the price of WOO Network (WOO) is $0.294173 today with a 24-hour trading volume of $69,142,592. This represents a 5.51% price increase in the last 24 hours and an 8.73% price increase in the past 7 days for Woo Network (WOO).

Tradecurve (TCRV) Presale continues to gain ground

Tradecurve has distinguished itself from other cryptocurrencies exchanges as one that has the potential to change the face of the industry. Tradecurve is one of the first exchanges that allows users to seamlessly trade crypto, stocks, forex, and commodities with a single user account.

The Tradecurve.io exchange is built on the Ethereum blockchain offering traders a permissionless wallet, which allows them to deposit cryptocurrencies and trade the financial markets.

There are several reasons why Tradecurve is set to compete with top exchanges like Coinbase, Kraken, and Binance. Tradecurve will launch via an ICO and the native utility token TCRV will offer a range of use cases that provide numerous advantages for investors and holders including; discounts on subscription fees, trading fees, signals, and AI trading bots.

Tradecurve token presale is in progress, giving investors a chance to acquire tokens at a price of $0.01 per token. Analysts predict that the presale could see a 50x increase before its conclusion and a 100x increase following its launch, making it essential for investors to closely monitor the ongoing presale.

Check the following links for more information about Tradecurve:

Website: https://tradecurve.io/

Buy presale: https://app.tradecurve.io/sign-up

Twitter: https://twitter.com/Tradecurveapp

Telegram: https://t.me/tradecurve_official

In the world of cryptocurrency, Aptos (APT) and Chainlink (LINK) are finding it difficult to grab the attention of investors. However, a new profitable crypto project, TMS Network (TMSN), is expected to rule the market with its revolutionary platform.

Aptos (APT) releases a series of upgrades; the token price drops by over 7%

Aptos (APT) developers have announced several upgrades within the network for the year 2023. In fact, Aptos (APT) has plans to boost its scalability and transaction speeds. Community members are also hoping for improved gas usage. Additionally, the growing activities around network updates have increased code commits available on the Aptos (APT) blockchain.

Recent reports say that a rise of up to 33 code commits was seen in the Aptos (APT) network. These code commits will show the developers’ contributions to a particular Aptos (APT) project.

However, a decline in contributory activities has been reported across the Aptos (APT) projects. The token price has also seen a drop in the past week. Aptos (APT) token is currently trading at $11.72, which is a 7.08% drop in a day. It implies that Aptos (APT) holders are currently not earning enough profits.

Chainlink’s (LINK) partnerships with TrueUSD (TUSD) and  Avalanche (AVAX) couldn’t recover its price drop of over 7.38%

Reports say TrueUSD (TUSD) has joined forces with the Chainlink (LINK) network to authenticate reserves prior to creating new TUSD stablecoins. Chainlink (LINK) will help TrueUSD (TUSD) to become the inaugural USD-supported stablecoin to employ proof-of-reserves technology.

Chainlink (LINK) has also been actively building other partnerships within the cryptocurrency industry. One of Chainlink’s (LINK) recent collaborations was with Avalanche (AVAX). These collaborations highlight the expanding network of Chainlink (LINK).

Consequently, Chainlink (LINK) has been trading lower on the price chart. Reports say that Chainlink’s (LINK) value has gone down over 7.38% within a day. The live Chainlink (LINK) token price is $7.98, which is 85% below its all-time high.

TMS Network (TMSN) gains impressive surge in price, and investors count

Investors are flocking to TMS Network’s (TMSN) presale round, which has experienced a remarkable 2400% surge in just a few weeks. Even those invested in other projects are recognizing the superiority of TMS Network (TMSN) over alternatives like Aptos (APT) and Chainlink (LINK), which are struggling to attract new investors. The project has raised over $4.2 million as per last recorded data.

TMS Network (TMSN) is a revolutionary Web3 platform that addresses various issues, such as over-centralization, slow speed, high transaction fees, and opaqueness, to make online trading easier. TMS Network (TMSN) has institutional-level liquidity to enable instant trade execution with the ability to trade traditional derivatives (Stocks, Forex, CFDs, Equity and many more), and cryptocurrencies on a single platform.

TMS Network (TMSN) is fully decentralized. Thus, it eliminates intermediaries and provides users with direct access to the platform’s core system. Activities like tampering, price manipulation, and wash trading are impossible across TMS Network (TMSN). One of TMS Network’s (TMSN) most remarkable features is its scalability, allowing for affordable and faster transaction speeds.

The current TMSN presale token is trading at $0.078, estimated to rise to $3 soon.

TMS Network (TMSN) is set to become the most innovative and profitable crypto project of 2023. So, act now and take advantage of the limited-time 30% deposit bonus offered by TMS Network (TMSN).

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/TMSNetworkIO

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

Memecoin popularity has reached its highest point since the bull market of 2021, with projects like Baby Doge Coin (Baby Doge) and Shiba Inu (SHIB) predicted to offer huge returns over the next few weeks. However, given the turbulence of the memecoin market, analysts believe that Collateral Network (COLT) could offer a higher return in 2023.

>>BUY COLT TOKENS NOW<<

Collateral Network Expected To Outperform Memecoins

Although memecoins have the potential to offer high returns, they’re also extremely volatile. As a result, experts believe that Collateral Network (COLT) could offer higher returns and greater stability.

Since its presale started, Collateral Network (COLT) has already increased in value by 40%, outperforming both Baby Doge Coin (Baby Doge) and Shiba Inu (SHIB) in the process. Now, with an additional 28% rise on the way investors are buying Collateral Network tokens over memecoin alternatives.

Collateral Network was created to disrupt the multi-trillion-dollar crowdlending market. It uses DeFi technology to help borrowers unlock liquidity from their physical assets including real estate, supercars, yachts, fine art and diamonds.

Borrowers can do this by sending their asset to Collateral Network (COLT), who will value the asset using AI. Following its valuation, the asset will be minted as a fractionalized NFT. This NFT will then be available to Collateral Network (COLT) investors, who can buy fractions in return for a fixed interest rate.

With a doxxed team who have prior DeFi and crowdlending experience, analysts believe that Collateral Network (COLT) has huge potential and could hit $0.35 before its presale ends. With tokens selling at $0.014, this would make Collateral Network (COLT) one of the highest return presales, outperforming every memecoin in circulation.

Shiba Inu Plans To Push The Barriers Of Memecoin Utility

Shiba Inu (SHIB), the world’s second largest memecoin, is currently leading the way for memecoins. It’s looking to improve its utility with its layer 2 scalability platform, Shibarium. Meanwhile, Shiba Inu (SHIB) token holders are burning tokens at record rate to drive up its value.

Currently, this activity has failed to drive up the price of Shiba Inu (SHIB), though it has resulted in greater trading activity. Throughout April Shiba Inu’s (SHIB) daily trading volume consistently passed over $300 million, and still remains higher than $100 million daily in May.

That being said, Shiba Inu’s (SHIB) Shibarium project has so far experienced mixed results. Consequently, some investors believe any Shiba Inu (SHIB) returns may only be short term and therefore have stopped buying Shiba Inu (SHIB) tokens.

Baby Doge Coin Could Rival Pepe

Baby Doge Coin (BabyDoge) has attracted media attention over the last week following the rise of the Pepe meme. Although Baby Doge Coin (BabyDoge) is yet to offer the same returns, Baby Doge Coin (BabyDoge) has greater utility than the meme and is designed to support animal adoption.

Since the start of May, Baby Doge Coin (BabyDoge) has decreased in price by 15.12%, though investors remain confident in Baby Doge Coin (BabyDoge) as trading activity has increased.

From the 4th to the 5th of May, Baby Doge Coin (BabyDoge) trading volume increased by 90.53%, with over $14.7 million transactions taking place. Should investors continue to buy Baby Doge Coin (BabyDoge), it’s only a matter of time until its value rises.

Find out more about the Collateral Network presale here:

Website: https://www.collateralnetwork.io/

Presale: https://app.collateralnetwork.io/register

Telegram: https://t.me/collateralnwk

Twitter: https://twitter.com/Collateralnwk

Issued in the year 2014, the Central Bank of Nigeria (CBN)  created its guidelines for card issuance and usage pursuant to the Central Bank of Nigeria Act 2007 for the purpose of having a regulatory framework for adequate and reasonable financial services for the public as well as ensuring high standards of conduct and management throughout the banking system.

This article will be looking at notable provisions of the guidelines regarding the following:-

1. Its objectives

2. Its applicability scope

3. General requirements

4. Roles and Responsibilities of Card Issuers

5. Transaction processing

6. Fraud  & Risk Management

7. Dispute Resolution

8. Sanctions

What are the objectives of the guidelines?

The objectives of the card issuance guidelines are :-

– To provide minimum standards and requirements for the issuance and usage of payment cards in Nigeria.

– To enable issuing banks, Other Financial Institutions (OFIs), processors and card schemes upgrade and maintain their card operations to ensure optimum security, efficiency, cost effectiveness and customer friendliness.

– To serve as a tool for Banks and OFIs to assess their card issuance portfolio.

– To ensure that consumers that carry Nigerian issued cards operate within acceptable standards.

– To encourage the use of Nigerian issued cards locally and Internationally.

What is the applicability scope of the guidelines?

The guidelines are applicable to all licensed banks and OFIs that participate in the issuance and processing of debit, credit, stored value/prepaid, virtual cards, either directly or through their subsidiaries, affiliated companies or 3rd party associated companies.

What are the provisions of the guidelines regarding general requirements?

Regarding general requirements, the guidelines provide that :-

– Only banks licensed by the CBN with clearing capacity shall issue payment cards to consumers and corporations in Nigeria.

– Banks without clearing capacity can issue in conjunction with those with clearing capacity.

– All banks shall seek approval from the CBN for each card brand and type they wish to issue.

– The usage channels, limits, and frequencies and other control measures shall be defined by the issuing banks.

– All payment card transactions shall be subject to current Nigerian Financial Intelligence Unit (NFIU) reporting requirements. 

– Cards may be issued in Nigerian Naira or in any other convertible currency.

What are the roles and responsibilities of card issuers under the Guidelines?

Card issuers have roles and responsibilities assigned by the guidelines in the following areas :-

General roles

– For a card to be used abroad, the issuing banks must have carried out full KYC on the customer, as reflected in the CBN KYC manual.

Transaction Processing

– Issuers shall ensure that their card information is hosted and processed within the PCI DSS certified environment.

– Card Issuers must provide authorization services for their card transactions. This service can be outsourced.

Settlement

– Settlement of domestic transactions shall be done within the standards defined by the CBN (T +1).

Fraud & Risk Management

– Issuers shall establish board or executive management-issued AML (Anti-Money Laundering) policies that include :-

1. Assessment of money laundering.

2. Appointment of a Compliance officer.

3. Annual Internal audit of the AML program.

4. Periodic AML training for employees.

5. Investigating and filing any reports of suspicious activity required under Nigerian Law.

What are the provisions of the guidelines on Dispute Resolution?

The guidelines provide that where a customer has a domestic transactions complaint, it shall be reported to the issuer. The timeline for resolution of domestic transaction disputes shall be T +2 .

Regarding international transactions, the timeline for resolution of complaints shall be as determined by the card scheme. 

What are the sanctions that can be incurred for infractions under the guidelines?

Violations of the guidelines can incur sanctions that include :-

– Prohibitions from issuing new cards to customers

– Monetary penalties

– Revocation of approval to issue a specified card brand to its customers

– Any other regulatory sanction that may be deemed appropriate by the CBN.