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Nigeria Pursues Binance Executive's Extradition

Nigeria's Ongoing Pursuit of Justice in the Binance Case In the rapidly evolving world of cryptocurrencies, Nigeria finds itself at the center of a significant legal confrontation involving Binance, one of the largest cryptocurrency exchanges globally. The Nigerian federal government is collaborating with Interpol to extradite a Binance executive who evaded detention, illustrating the complexities and challenges of regulatory oversight in the digital currency space. Key Developments Collaboration with International Agencies : The Economic and Financial Crimes Commission (EFCC) is working closely with Interpol, the FBI, and the British and Kenyan governments to secure the arrest of Anjarwalla, a Binance executive. Legal Proceedings : Anjarwalla is sought to answer charges related to money laundering in a Nigerian court, following his escape from custody on March 22. Reports indicate he fled while being taken for Ramadan prayers. Recent Charges : Following Anjar...

Zircuit Launches Build to Earn for Developers

Zircuit Launches Build to Earn Program: A Game-Changer for Developers

In a landscape increasingly dominated by the need for security and innovation, Zircuit emerges as a beacon of opportunity for developers and builders within the blockchain ecosystem. The recent launch of the Build to Earn program represents a significant stride towards fostering creativity and rewarding contributions in an environment bolstered by cutting-edge technology.

What is Zircuit?

Zircuit is a fully EVM-compatible ZK rollup that boasts parallelized circuits and AI-enabled security, designed to enhance the developer experience and provide robust security features for applications. With a staggering $800 million staked, the platform has garnered attention from notable investors including Pantera Capital, Dragonfly Capital, and Maelstrom.

The Build to Earn Program: Key Highlights

The Build to Earn initiative aims to incentivize builders, founders, and community members who contribute to the Zircuit ecosystem. Here are some critical aspects of the program:

  • Developer Incentives: Participants stand to receive rewards for approved contributions, effectively transforming the development process into a lucrative venture.
  • Diverse Participation Options: Developers and ecosystem contributors can engage in multiple ways, allowing for flexibility and creativity.
  • Strong Security Framework: Leveraging AI-enabled security features, Zircuit ensures that new applications benefit from heightened protection against potential hacks.

Fast-Growing Applications

Zircuit is scaling its ecosystem with applications across rapidly expanding sectors such as:

  • Restaking Applications
  • Artificial Intelligence (AI)
  • Decentralized Finance (DeFi)

Projects joining Zircuit through the Build to Earn program will collaborate with top-tier launch partners, including Ethena, Ether fi, KelpDAO, and Hashflow, among others.

Building on Success

The Build to Earn program follows the successful launch of Zircuit’s staking initiative, which allows users to pre-commit assets to the network. Participants can deposit various asset types, such as:

  • ETH
  • Liquid Staking Tokens (LSTs)
  • Liquid Restaking Tokens (LRTs)
  • USDe (Ethena USD)

This staking program further enhances the ecosystem’s robustness while providing users with opportunities to earn Zircuit Points.

Partnerships and Future Outlook

Recently, Zircuit partnered with Pendle to enhance yield opportunities for Renzo Protocol’s ezETH. This collaboration exemplifies Zircuit’s commitment to creating synergistic relationships that bolster its ecosystem.

For those interested in participating:

About Zircuit

Zircuit stands out in the blockchain space as a fully EVM-compatible ZK rollup, engineered by a team of web3 security veterans and PhDs in computer science, algorithms, and cryptography. The backing by esteemed investors underscores the platform's potential for growth and innovation.

As Zircuit continues to expand its horizons, it positions itself not just as a technological marvel, but as a nurturing ground for innovation that promises to reshape the landscape of blockchain applications for years to come.

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