In this article we provide the latest updates and insights into the exciting world of cryptocurrency and blockchain technology, with a focus on two projects- Threshold Network (T) and TMS Network (TMSN).

The Threshold Network (T) has achieved a surge in momentum with a 15% growth within a 24-hour timeframe

Threshold Network (T) is defying typical market dynamics by exhibiting a 24-hour growth of 15% two days ago, according to data from CoinMarketCap. This altcoin is now recognized as a major gainer from the increasing excitement over integrating smart contract functionalities into the Bitcoin blockchain.

Since the beginning of the year, Threshold (T) has gained recognition among investors by utilizing the favorable features of the two protocols that were amalgamated to create the present chain. These protocols are NuCypher and Keep Network.

The Threshold Network (T) is a developing protocol with a growing ecosystem. Therefore, its utility is still relatively low, which could affect price stability for Threshold (T). Moreover, Threshold Network’s (T) foundation relies on enhancing Bitcoin’s versatility through DeFi and NFT functionalities.

As of today, the market value of Threshold (T) is $0.039, with a trading volume of $45 million in the last 24 hours. There has been a 4.44% decline in the value of Threshold (T) over the last day.

TMS Network’s (TMSN) game-changing features are poised to bring significant enhancements to the trading landscape

TMS Network (TMSN) is a state-of-the-art decentralized trading platform that operates on the Ethereum blockchain, designed to modernize the outdated traditional trading ecosystem. The platform serves as a comprehensive solution for all trading investors, offering a hassle-free and pleasurable experience with real-time transaction execution, and no need for conventional currency payments.

In addition to its exceptional trading features, TMS Network (TMSN) remains dedicated to fostering financial literacy and education. The platform strives to empower traders with market insights and facilitate informed decision-making by providing a user-friendly interface and educational resources. This will not only promote financial stability but also enhance market credibility. Moreover, the platform aims to promote decentralization and minimize dependence on centralized systems, underscoring its commitment to enhancing market efficiency and resiliency.

The trading commission is the primary revenue stream for TMS Network (TMSN). The platform levies a modest fee on each trade, which serves as a source of revenue for both the platform and TMSN holders. The commission amount is calculated as a percentage of the trade volume, and is automatically disbursed to TMSN token holders through smart contracts. This revenue-sharing mechanism creates an incentive for TMSN token holders to boost trading volume, resulting in a virtuous cycle of growth and profitability for the platform.

TMS Network (TMSN) presale has kicked off with great success, as the initial stage of the sale was oversubscribed and wrapped up ahead of schedule. In just two weeks since its launch, TMS Network (TMSN) has amassed a noteworthy sum of $500K, signalling a promising start for the platform. This achievement reflects the high level of interest and confidence in TMS Network (TMSN) innovative features, underlining its potential to bring a positive disruption to the trading industry.

Conclusion

In summary, Threshold Network (T) has gained 15% growth in 24 hours, while TMS Network (TMSN) has introduced transformative features that could change the way we trade.

Presale: https://presale.tmsnetwork.io

Whitepaper: https://tmsnetwork.io/whitepaper.pdf

Website: https://tmsnetwork.io

Telegram: https://t.me/tmsnetworkio

 Discord: https://discord.gg/njA95e7au6

Twitter: https://twitter.com/tmsnetworkio

Days after the Supreme Court annulled the Central Bank of Nigeria (CBN)’s naira redesign policy, ordering the federal government to allow both the new and old N200, N500 and N1,000  notes to co-exist till December 31, banks are yet to start dispensing the old notes.

The apex court had on Friday described the policy as an affront to the 1999 Constitution, in a suit instituted by 16 states against the federal government. In its judgment, the seven-man panel led by Justice John Inyang Okoro held that the unlawful use of executive powers by the President inflicted unprecedented economic hardship on the citizens by denying them ownership of and access to their money.

Economic activities significantly slowed down due to currency scarcity, following the implementation of the naira redesign policy by the central bank. In a move to ease the suffering orchestrated by the policy, President Muhammadu Buhari had on February 16, in his national broadcast, approved the use of only the old N200 note alongside the redesigned notes.

But it was significantly insufficient, as long queues continue to mark bank premises across the country.

The federal government said the CBN had its backing to implement the policy aimed at curtailing money laundering, terrorism financing, and vote-buying among other ills. The policy, which was announced ahead of the 2023 general elections, instigated public outcry.

Both the federal government and the CBN are yet to respond to the Supreme Court’s judgment, which was expected to end the months-long chaos. Bank executives say they have not received any directive from the apex bank regarding the judgment, sparking fear that the federal government may once again disobey the Supreme Court.

There are calls from many quarters, asking Buhari to obey the judgment and ease the suffering of Nigerians. The Socio-Economic Right and Accountability Project (SERAP), had on Monday urged the President to disclose details of the measures his government is taking to immediately & effectively obey the Supreme Court decision.

The rights group asked Buhari to “publicly instruct the CBN to immediately and effectively implement the Supreme Court decision ordering an end to the cash withdrawal limits imposed by banks because such restrictions violate citizens’ right to freely use their property.”

“The public should not be kept in the dark on what his government and the CBN are doing to implement the decision. Widely publishing the implementation measures would also improve accountability of state officials and public confidence in the rule of law and Nigeria’s democracy,” SERAP said.

Buhari’s administration is well known for disobeying court orders, a habit it displayed after the Supreme Court on February 8, ordered that the old naira notes be allowed to co-circulate with the new notes until the suit filed by the 16 states is determined.

SERAP said it is concerned about the persistent disobedience of court orders by his government, and the apparent lack of respect for constitutional and international rule of law obligations.

“Nigerians are entitled to the details of the level of compliance by his government and the CBN with the Supreme Court decision as a matter of transparency, justice and the rule of law,” It said.