The momentum behind BTCFi continues to grow and threshold @TheTNetwork ($T) is emerging as one of its strongest pillars.
Recent research from Alea Research highlights how BTC ownership is increasingly consolidating among ETFs, institutions, and treasuries.
Dear @FirstBankngr Compliance Department,
I am writing to formally express my outrage and deep concern regarding the wrongful disputes and subsequent restrictions placed on multiple bank accounts as a result of transactions handled by First Bank under Western Union NGN payouts.
Western Union has clearly confirmed to us that all the transfers in question are legitimate, successful, and fully completed transactions. They also confirmed that they did NOT issue any instruction to First Bank to dispute these payments.
However, on Friday, First Bank proceeded to dispute several @WesternUnion NGN transfers made to various Nigerian banks. As you are fully aware, First Bank is the official partner responsible for handling Western Union Naira transactions in Nigeria. It is therefore shocking and unacceptable that payments processed under your supervision are now being flagged and reversed without lawful justification.
To further clarify:
1Transfers sent from First Bank (Western Union payouts) to @UBAGroup were reviewed by UBA, cleared within 24 hours, and all restrictions were lifted. This clearly confirms that the transactions were legitimate.
2Despite this, @myaccessbank , @fidelitybankplc , @Ecobank_Nigeria and @gtbank, @sterling_bankng, @StanbicIBTC, @LotusBank, @wemabank accounts remain restricted.
3Some of these banks have even debited our balances and placed the accounts in negative, causing severe financial damage and reputational harm.
This situation is unjust, financially damaging, and unacceptable.
If this matter is not resolved immediately with:
•Full reversal of all wrongful disputes
•Removal of all restrictions
•Restoration of all debited funds
We will have no option but to escalate this issue formally to the Central Bank of Nigeria @cenbank , the Economic and Financial Crimes Commission @officialEFCC , @western Compliance International escalation, and other relevant regulatory authorities for investigation into this conduct.
We demand an urgent written explanation stating:
•On whose authority these disputes were initiated
•The legal basis for disputing completed Western Union transactions
•Why other banks have cleared the same transfers while restrictions remain elsewhere.
This matter requires immediate resolution. We expect a prompt response within 24-48 hours.
Yours faithfully, Hassan Isa Hassan
7/ XEET
A fresh InfoFi protocol that recently emerged.
It uses a point system called Xeets that is rewarded if a user yaps about projects on XEET.
It currently features 19 leaderboards and no leaderboard has distributed rewards yet.
It will be quite competitive for a small creator to join because most of the leaderboards are capped at rewarding 150 users.
Soltice is distributing 1% of $SLX to top 100 social contributors.
If the project lists at a 100M FDV, the reward will be worth $1M and each eligible creator will receive $10k worth of $SLX if rewards are distributed equally.
Number of winners are quite low in all campaigns but can deliver 4-5 figs profit if eligible.
To get started, go to: https://t.co/3QP2agVxrn
- Connect X and link wallet
- Navigate to 'signals' and pick your favourite project to XEET about.
Even though the number of winners are small, there are still some LBs that are unsaturated which you can pick from.
On this Trump-Nigeria invasion issue, China and Russia will not help Nigeria militarily, they will only condemn the USA.
If Nigeria had nuclear weapons, Trump would not threaten us.
I think Nigeria needs to look inward and start investing seriously in defence.
🎉 #MarioChallenge Phase 8 round 2 is LIVE!
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📅 Oct 21, 20:30 – Oct 26, 24:00 (UTC+8)
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