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Big Eyes Coin, The Graph, and Stacks: The Crypto Trio To Watch Out During Volatile Times

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The cryptocurrency market has been characterized by volatility, with prices fluctuating rapidly and frequently. In recent weeks, some cryptocurrencies, including Big Eyes Coin, The Graph, and Stacks, have seen significant increases in value, leading to excitement among investors and traders alike.

Big Eyes Coin, The Cat Shaking Up The Crypto Market With Excitement

Big Eyes Coin (BIG), the newest meme entrant in the world of cryptocurrency, has already seen tremendous success before its official launch, with $30.5 million raised in presale. The addition of loot boxes in the presale phase of Big Eyes Coin, which is currently in its twelfth stage, has increased its capacity to make big returns and adds a cherry on top for the purchasers. Buyers can buy loot boxes, which give them randomized rewards and a chance to win up to $100,000 worth of BIG coins, with a minimum return on investment guaranteed in BIG coins.

This cat-themed meme coin on the Ethereum network has been outperforming both Bitcoin (BTC) and Ethereum (ETH) in recent weeks, with a return of over 200% in the past month alone, compared to Bitcoin and Ethereum’s returns of around 60% and 80%, respectively.

What makes Big Eyes Coin stand out from other cryptocurrencies is its use of a new consensus mechanism called ‘Proof of Attention’ (PoA), which rewards users for actively participating in the community and Big Eyes Coin’s ecosystem. This is different from the traditional ‘Proof of Work’ (PoW) and ‘Proof of Stake’ (PoS) mechanisms used by most other cryptocurrencies and is thought to be more energy-efficient and secure.

Additionally, the platform’s quick transaction time of merely a few seconds has become one of its most popular attributes, adding to its practicality quotient as token holders can complete everyday transactions and micropayments in no time.

Graph Your Way To The Top

The Graph (GRT), a decentralized indexing protocol for blockchain data, has also seen a surge in value in recent weeks, with a return of almost 70% in the past month alone. The Graph provides a way for developers to easily search and access blockchain data, enabling decentralized applications to be built more efficiently. With the increasing adoption of decentralized finance (De-Fi) and non-fungible tokens (NFTs), the demand for The Graph’s services is only expected to increase in the future.

Stacks On Stacks

Stacks (STX), a layer-one blockchain protocol that enables smart contracts and decentralized applications to be built on top of the Bitcoin network, has also seen significant growth in value recently, with a return of over 215% in the past month alone. Stacks offers a unique solution to the scalability and security issues faced by the Bitcoin network, allowing developers to build complex applications on top of Bitcoin in a more secure and efficient way.

Despite the potential risks of the volatile crypto market, the recent growth in value of Big Eyes Coin has generated excitement among investors and traders, who are now scrambling to get a piece of the action. The technology behind this meme cryptocurrency offers unique solutions to some of the challenges faced by the blockchain industry, and the increasing adoption of cryptocurrencies and blockchain technology in various industries suggests that the demand for solutions such as Big Eyes Coin is only expected to grow.

As the cryptocurrency market continues to evolve and mature, it is likely that we will see more innovative solutions and unique use cases emerge, similar to projects like Big Eyes Coin. While volatility remains a challenge, it is also an opportunity for investors and traders who are willing to take on risk in search of potential high returns.

 

All About Big Eyes Coin (BIG)

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Nokia Unveils New Logo, Rebrands to B2B Tech Firm

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Multinational telecommunications company Nokia has recently unveiled its new logo as it rebrands into a B2B tech firm.

The company’s latest brand which is being rolled out across its sites and assets will see it accelerate into the next phase of its strategy to deliver sustainable profitable growth.

During the unveiling of its new logo at the mobile world congress MWC) in Barcelona, Nokia’s CEO Pekka Lundmark said, “There was the association to the smartphones, and nowadays, we are a business technology company.”

He also wrote via a blog post, “Today is another milestone. We are updating our strategy, and, as a key enabler, we are also refreshing our brand to reflect who we are today: a B2B technology innovation leader pioneering the future where networks meet cloud”.

Our updated company strategy is supported by our technology strategy, which details how networks will need to evolve to meet the demands of the metaverse era. As the world increasingly relies on connectivity, the qualities of traditional networking will be required to integrate with the flexibility and scalability of the cloud.

These are networks that go beyond connecting people and things. They’re adaptable, autonomous, and consumable, with the potential to bring the transformative power of networking to every industry. We are well-positioned to lead this evolution in networks through our technology leadership and best-of-breed portfolio across fixed, mobile, and cloud.”

He further stated that Nokia’s updated technology strategy details its evolution to meet the metaverse era’s demands. “The signal is very clear. We only want to be in businesses where we can see global leadership,” he added.

After launching the first internet-enabled phone in 1996 and by the start of the millennium, for years, Nokia was the talk of the town ensuring user satisfaction with its globally recognized mobile phones.

Soon after the company began to decline visibly, as analysts disclosed that the Finnish company failed to take advantage of the Android bandwagon. When mobile phone manufacturers were busy improving and working on their smartphones, Nokia remained reluctant to follow the trend.

After realizing the market trends, Nokia introduced its Symbian operating system, however, it was too late by that time, as Apple and Samsung had already dominated the market with their smartphones.

Nokia’s sales plummeted massively which saw the mobile phone maker unable to survive on its own. At the same time, Apple and Samsung were making significant strides in innovation and technological developments as they became the preferred options for consumers.

Unfortunately, it was too late for Nokia to adapt to the dynamic and rigorous changes in the market, as it had already been displaced from being a dominant force in the smartphone market.

With its recent entry into the B2B market, the company has disclosed that it only wants to be in businesses where it can see global leadership. The company has said it is focused on further acceleration through tech leadership, broadening the share of enterprises within its customer mix, and seizing opportunities from sectors outside mobile devices.

Coinbase To Suspend BUSD Trading Pairs from March

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Coinbase will suspend Binance USD trading starting next month after the SEC targeted the stablecoin, the crypto exchange said Monday.

Starting March 13, Coinbase will no longer offer Binance USD (BUSD) trades. Currently, the exchange does not offer any crypto trading pairs with BUSD; the only pair supported in some jurisdictions is BUSD/USD, according to Coinbase as of Feb. 17, 2023. Still, the USD pair is blocked in certain locations, including New York and Germany.

CoinGecko reports Coinbase makes up 0.01% of total BUSD/USD volume. The most popular trading pair, BUSD and bitcoin (BTC), is only available on select exchanges, including the token’s native Binance.

The suspension comes after the SEC issued a Wells notice, which precedes an enforcement action, to Paxos alleging BUSD is a security. Paxos delisted the stablecoin in response.

Given the regulatory pressure BUSD is facing, suspending trading is a good opportunity for Coinbase to make a move the SEC will appreciate without much of a downside, considering BUSD’s low volume on the exchange.

“The important thing to highlight here is that Coinbase is reacting to the possibility and likelihood that BUSD will be ruled a security by the SEC,” Timothy Cradle, director of regulatory affairs at Blockchain Intelligence Group, said. “Other U.S. exchanges will follow suit in the coming weeks. This is a replay of the ripple’s delisting from two years ago.”

Ripple has been battling with the SEC over its token classification since 2020 . A summary judgment is expected sometime this year, although virtually every exchange available to US traders has delisted the token.

Coinbase’s decision to move away from BUSD is proactive from a regulatory perspective, Cradle said.

“The issue for Coinbase is that they were selling BUSD on their exchange and if this is determined to be a security then Coinbase would be liable for selling an unregistered security once the SEC completes the case or settles with Paxos,” Cradle said. “Obviously Coinbase doesn’t want to be determined to be (what they may be anyway) an unregistered securities exchange.”

Coinbase launched USD coin (USDC) with Circle via the Centre Consortium in 2018, which has since grown to the second-largest stablecoin after tether (USDT).

USDC’s token classification has not been a subject of public SEC investigation since it was launched and Circle and Coinbase have denied being issued any Wells notice regarding the stablecoin.

SnapChat Snaps ChatGPT for Your AI – And China’s Lessons on Launching AI Startups

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ChatGPT is taking over the whole ecosystem as Snap integrates the system within its SnapChat service: ‘Snapchat+ subscribers can now have “friendly” conversations with a bot called My AI, the social media company announced Monday. Powered by OpenAI’s ChatGPT, My AI is essentially a simplified “mobile-friendly” version of the viral chatbot’. Indeed, for ChatGPT, using well established ecosystems will help it improve and refine its model – and that is the reason its playbook is just great. By working with Microsoft and now Snap, it will have tons of data to stay ahead of the competition.

For African startups, this is a massive learning as innovators and founders begin to explore AI-anchored business models. Over the last few quarters, I have been studying why Chinese AI-based companies seem to do well, and one of the things I have learnt is this: besides creating nice algorithms,  they raise huge amount of money, and launch big, and by doing that big-scale launch, they accumulate tons of data quickly, to rapidly improve their models, and stay relevant.

Take for example, Temu, a new AI-anchored ecommerce company, they spent close to $5 million on a Super Bowl advert.  And they are blanketing the whole digital America with ads. Why? If the business of shopping is going to be powered by AI, you need data to make sure those AI systems work well. So, to do that, they have to overcome the lack of data inertia and that comes by spending huge at launch.

{Hamlet by Shakespeare}

  • Lord Polonius: “What do you read, my lord?”
  • Hamlet: “Words, words, words”.

 

{AI Business Model}

  • Advisor: Got the code, now, what do you need to thrive?
  • Founder: Data, data, data

Snapchat+ subscribers can now have “friendly” conversations with a bot called My AI, the social media company announced Monday. Powered by OpenAI’s ChatGPT, My AI is essentially a simplified “mobile-friendly” version of the viral chatbot, writes The Verge. So what’s the draw? Just as ChatGPT’s interactions with users help hone its language model, Snap CEO Evan Spiegel suggests humans could use some practice too. “We’re going to talk to AI every day,” he says. “And this is something we’re well positioned to do as a messaging service.”

My AI can also “plan a hiking trip for a long weekend, suggest a recipe for dinner, or even write a haiku about cheese for your cheddar-obsessed pal,” Snap claims.

Also on Monday, Meta announced the creation of a new product group focusing on generative AI tools for WhatsApp and Instagram.

Nigeria 2023 Election: ex-President Obasanjo’s Option

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I listened to BBC Newshour (radio) today and the analysis was brutal: Nigeria lost a moment to demonstrate that it could be regarded as a serious country. At the United States National Public Radio (Virginia air), they were not happy, and wondered aloud how history will see President Buhari. During BBC World Service, the reporter from Lagos could not explain how results could not be uploaded after “48 hours” after they had been used to call Senate and House. Indeed, in my state of Abia State, we know the Senator and House Rep winners (in my district), but yet, INEC claims that Abia State is not ready. How?

Ex-president Obasanjo has a message: “If the Chairman can postpone elections four days to the election, he can do everything to rectify the errors of the last two days: no BVAS, no result to be acceptable; and no upload through Server, no result to be acceptable. Where BVAS and Servers have been manipulated or rendered inactive, such results must be declared void and inadmissible for election declaration.”

In summary, in all areas where BVAS did not work, redo elections in those areas on Saturday. For areas where they worked, keep those results. That should not be hard to execute by INEC.

Obasanjo’s full statement

Nigerian Brothers and Sisters, greetings to you all.

“I am constrained to speak at this point

“I crave the indulgence of the President of the Federal Republic of Nigeria, His Excellency General Muhammadu Buhari, to make this statement because I have had the opportunity to keep him aware of what I know is happening and the danger looming ahead.

“On many occasions in the past, I have not hesitated to point out lacuna in the actions of the President and his government. But as far as the election issues are concerned, the President has proved beyond reasonable doubt that he will want to leave a legacy of free, fair transparent and credible elections.

“Until last Saturday night, February 25, 2023, the good and noble plan and preparation for the elections seemed to be going well. For the Independent National Electoral Commission (INEC), a lot of money was spent to introduce Bimodal Voter Accreditation System, BVAS, and the Server for immediate transmission of results from polling units.

“It is no secret that INEC officials, at operational level, have been allegedly compromised to make what should have worked not to work and to revert to manual transmission of results which is manipulated and the results doctored.

“The Chairman of INEC may claim ignorance but he cannot fold his hands and do nothing when he knows that the election process has been corrupted and most of the results that are brought outside BVAS and Server are not true reflection of the will of Nigerians who have made their individual choice. At this stage, we do not need wittingly or unwittingly to set this country on fire with the greed, irresponsibility and unpatriotic acts of those who allegedly gave money to INEC officials for perversion and those who collected the blood money.

“Let me appeal to the Chairman of INEC, if his hands are clean, to save Nigeria from the looming danger and disaster which is just waiting to happen.

If the Chairman can postpone elections four days to the election, he can do everything to rectify the errors of the last two days: no BVAS, no result to be acceptable; and no upload through Server, no result to be acceptable.

“Where BVAS and Servers have been manipulated or rendered inactive, such results must be declared void and inadmissible for election declaration.

“Chairman INEC, I have thought that you would use this opportunity to mend your reputation and character for posterity.

“Your Excellency, President Buhari Muhammadu, tension is building up and please let all elections that do not pass the credibility and transparency test be cancelled and be brought back with areas where elections were disrupted for next Saturday, March 4, 2023, and BVAS and Server officials be changed. “To know which stations or polling units were manipulated, let a Committee of INEC staff and representatives of the four major political parties with the Chairman of Nigerian Bar Association look into what must be done to have hitch-free elections next Saturday. Mr. President, may your plan and hope for leaving a legacy of free, fair, transparent and credible election be realized.

“Mr. President, please don’t let anybody say to you that it does not matter or it is the problem of INEC. On no account should you be seen as part of the collusion or compromise. When the die is cast, it will be your problem and that of the nation. The Chairman of INEC may sneak out of the country or go back to his ivory tower. Your Excellency, thank you for hearing me out.

“Compatriot Nigerians, please exercise patience until the wrong is righted. I strongly believe that nobody will toy with the future and fortune of Nigeria at this juncture.

“Long live Nigeria in peace, security, stability and in the hope for a greater future.”