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Governor Lucky Aiyedatiwa of Ondo State has said the Peoples Democratic Party’s decision to boycott the Saturday’s local government election was due to the fear of losing.
According to Aiyedatiwa, the decision of the opposition party can be attributed to cowardice.
PDP had earlier withdrawn from the election over what it described as lack of credibility on the part of the Ondo State Independent Electoral Commission, ODIEC.
The governor, who spoke after voting at his polling unit 5, Ward 4, in the Ilaje Local Council Area of the state commended ODIEC for the smooth conduct of the poll.
“For the PDP to pull out, that is cowardice. They participated in the whole process; the ODIEC released the timetable for the election.
I don’t know the reason for that. Maybe the fear of losing, every election has its own logistics, and other political parties are participating for whatever reason that made them withdraw; I am not privy to that.”
Are Jenn Tran & Sasha Farber Living Together? What’s Next After Their ‘DWTS’ Chemistry! (Exclusive)
Jenn Tran would’ve, could’ve, should’ve located her passport sooner.
However, the Bachelorette star didn’t notice that she didn’t have her I.D. with her in Los Angeles until she realized she would need it to attend Taylor Swift‘s Eras Tour in Vancouver, Canada, leaving her and her former Dancing With the Stars partner Sasha Farber no choice but to go to great lengths to retrieve it.
“I immediately call my friend Erin,” Jenn said in a video shared to her TikTok Dec. 6 before explaining that she had her pal mail her passport from her hometown in New Jersey. “UPS just happens to be around the corner from my apartment, so she went to UPS. What could possibly go wrong?”
But it soon became clear that the passport wasn’t going to arrive the next day like Erin had requested.
“Tuesday comes, passport doesn’t come,” Jenn recalled. “Wednesday comes around, didn’t come by 9 p.m. So, at that point, I’m panicking because I have a flight to make the next day.”
After sending some “nasty DMs” to the mail carrier, the 27-year-old recruited Sasha—who she’s been sparking romance rumors with since the pair teamed up for season 33 of Dancing With the Stars—as a last-ditch effort.
In a bizarre turn of events, a 13-year-old cryptocurrency developer at the center of multiple rug-pull scandals has allegedly had his dog, Bari, kidnapped by an angry investor. The incident has sparked outrage, bizarre demands, and even the launch of a new meme coin named after the dog, $BARI.
The drama traces back to November 20, when the young developer launched the Gen Z Quant (QUANT) token on the Pump.fun platform. The token soared 260% in minutes, but the boy abruptly sold all his holdings, crashing the price and earning $30,000. Enraged investors accused him of orchestrating a rug pull. To add fuel to the fire, the boy created two additional tokens, LUCY and SORRY, repeating the same scam and pocketing another $24,000.
The community’s anger grew as the boy mocked his victims online, leading to doxxing attacks that exposed his family’s details.
Reports of the dog-napping emerged on X, with an unnamed individual admitting to stealing Bari. The alleged kidnapper demanded a public apology and financial restitution from the boy, claiming the theft was a retaliation for the rug pulls.
The individual even launched the $BARI token using the stolen dog’s image as its mascot, saying, “I want everyone who lost to make their money back here.” They demanded the boy purchase $5,000 worth of $BARI and issue an apology video. Until then, they claimed Bari would remain with them.
Surprisingly, the $BARI token surged over 300% within hours of its launch, reaching a market cap of $800,000 before stabilizing at $309,000. Meanwhile, QUANT plummeted over 61%, with its market cap dropping to $19 million from its peak of $81 million.
Also Read: Investor Loses $6 Million in $GIGA to Fake Zoom Link Scam
A savvy trader turned a $460 investment into $988,000 in just three hours by trading Gen Z Quant (QUANT), a meme coin later revealed to be a scam.
According to an on-chain intelligence firm Lookonchain, the trader made a “2,141x return” despite the token’s rug pull orchestrated by its teenage creator.
The trader bought 18.89 million QUANT tokens using the 2 SOL he invested. According to Lookonchain, the trader sold 3.71 million QUANT tokens for 116 SOL (around $27,000), leaving him with 15.18 million QUANT tokens still in his possession, which would later be valued at $962,000. All this happened amidst a chaotic scene in the memecoin market.
Based on a previous report, the teenager launched QUANT on the pump.fun on Wednesday and later sold off 51 million QUANT tokens for 128 SOL ($30,000) during a livestream. After selling off his coins, the price of QUANT crashed and was quickly labeled a “rug pull.
However, things didn’t go as planned for the teen. Instead, QUANT’s price began to rise. The memecoin community, upset by the rug pull, stepped in to buy more of the token.
Within hours, QUANT’s value surged by over 900%, and its market cap shot up to an impressive $80 million. At its peak, the tokens the boy had sold would have been worth over $4 million,
However, he didn’t stop there. After QUANT, he launched two other tokens, LUCY and SORRY, and tried to do the same thing again. He sold off these new tokens for a quick profit, making around $24,000 in just a short time. Despite his efforts to profit from the rug pulls, QUANT’s price continued to rise, with investors continuing to buy into the token.
Soon after the rug pull. Many traders were angry about being tricked, and they began sharing his personal information across social media platforms. His name, address, and even his school details were exposed. As a result, his family had to lock their social media profiles to avoid further harassment.
Right now, the token is trading at $0.00018 with $179.25k in market cap, according to GeckoTerminal.
Also Read: MicroStrategy Joins Top 100 U.S. Companies Amid Bitcoin Boom
Bitcoin exchange-traded funds (ETFs) have attracted $3.4 billion in inflows over the past four days, according to Farside data. Major financial institutions, including BlackRock, Fidelity, and Grayscale, reported significant investments in their Bitcoin ETFs, indicating heightened institutional interest.
On Nov. 7, BlackRock’s IBIT ETF saw an inflow of $1.12 billion, marking the largest single-day investment among the ETFs listed.
These inflows come in the wake of the US Election, in which Donald Trump’s victory helped push Bitcoin toward $90,000.
Fidelity’s FBTC and Bitwise’s BITB also recorded notable inflows since the election of $666 million and $178 million, respectively. Grayscale’s GBTC continued to attract investments, adding $61 million.
Other financial firms, such as Ark Invest, Invesco, Franklin Templeton, Valkyrie, VanEck, and WisdomTree, contributed to the rising inflows. On Nov. 11, Ark’s ARKB ETF received $42.7 million, while Invesco’s BTCO added $108.6 million. BlackRock’s IBIT led the day with $756 million. These firms’ participation underlines a broader acceptance of Bitcoin within traditional financial markets.
Substantial inflows into Bitcoin ETFs reflect growing confidence among institutional investors in cryptocurrency’s long-term prospects. Possible FOMO among US investors who have seen adverts from the likes of BlackRock, Bitwise, et al over the past year could also be impacting investments as Trump’s reelection spurs increased attention to the digital asset.
The Labour Party, LP, in Anambra East Local Government Area of Anambra State has threatened to boycott the September 28 Local Government elections in the area.
The Local Government Chairman and the Secretary of the party, Mr Chidi Chinwuba and Mr Onyeka Aghadiuno, made the threat in a statement issued in Awka and made available to newsmen on Friday.
The statement urged the public to disregard any list published by the Anambra State Independent Electoral Commission, ANSIEC, that included any LP candidate in the LGA.
According to the statement, the list did not originate from the party.
It explained that LP neither conducted any primaries to nominate candidates nor submitted any names to ANSIEC.
The two party chieftains, therefore, charged the commission to delist any flag bearer purportedly on LP’s platform for the polls in the area.
They further threatened legal action against the commission should it go ahead to publish any LP candidates’ names in the area for the exercise.
“LP Anambra East Chapter wishes to disassociate itself from the September 28 LG elections in the state.
“The party, through its rightful leadership, has issued a statement that we, as a party, are not participating in the election.
“The general public is hereby urged to disregard the list published by ANSIEC as the names attached to the LP in Anambra East did not originate from the party,” the party stated.
The 33 council chairmen in Oyo State have dumped the Association of Local Government of Nigeria (ALGON) over the Supreme Court’s judgment granting financial autonomy to local government across the country.
The chairmen, in a communique signed by all the chairmen, unanimously declared their unalloyed support for Governor Seyi Makinde.
ALGON’s Public Relation Officer in the state, Ibrahim Akintayo, described the chairmen’s stand as solidarity to Governor Makinde’s recent stand on local government autonomy as ruled by the apex court.
They attributed their unequivocal loyalty to Makinde for his exemplary leadership and unrivalled achievements since his assumption to office.
LEADERSHIP recalls that the Oyo State’s governor had during a meeting with some stakeholders after the court ruling, constituted committees to review apex court’s ruling on local government autonomy.
“I called this meeting because I felt that even though we have not seen the Certified True Copy of the judgment of the Supreme Court, we have to be proactive and discuss the decision of the Supreme Court as it concerns financial autonomy of the local government councils because I believe a lacuna has been created between the decision and the constitution of the Federal Republic of Nigeria that we all swore to uphold.
“The law is the law, and when there is a conflict, yes, we should go to the court. But it behooves on us to look for our own home-grown solutions that can ensure that we have transparency and that our people do not suffer. This is because when two elephants are fighting, it is the grass that will suffer,” the governor had stated.
Makinde’s stand on the Supreme Court ruling had however received mixed reactions from the public with some supporting his stance and others criticising the governor.
According to a communique, the decision to move to a new association was arrived at due to the need to protect and provide for the people in their various local government areas.
It also said that the intended association for local government executive chairmen will be registered under the relevant laws of the Federal Republic of Nigeria.
Part of the communique read: “At the general meeting of ALL the Local Government Councils of Oyo State, held on Saturday 3rd August 2024 at Ibadan, it was voluntarily agreed and resolved as follows:
“That in order to inter alia protect the interest of our people, we should forthwith form an umbrella association. Such organisation will be registered under the relevant Laws of the Federal Republic of Nigeria and its membership shall be institutional-represented by the chairmen of respective local government councils.
“That the association shall remain committed to the democratic ideas of the system of Local Government as enshrined in the 1999 Constitution of the Federal Republic of Nigeria (as amended).
“Furthermore, the association shall ensure the delivery of the real development in local councils in the overall interest of our people at the local level.”
The Concerned Nigerian Youths for Good Governance has backed out of the ongoing nationwide protests against hardship and hunger in the country, following the intervention of the Managing Director of the Federal Roads Maintenance Agency (FERMA), Engr. Chukwuemeka Agbasi.
At a press briefing in Abuja, the convener of the youth group, Amb. Mahmud Abubakar, acknowledged the difficulties faced by Nigerians, including hunger and high cost of living, but commended President Bola Tinubu for his swift interventions, such as lifting the ban on food imports and removing import duties.
He also praised the Federal Ministry of Works and FERMA, led by Engr. Chukwuemeka Agbasi, for their efforts in road construction and rehabilitation, which have created jobs for youths, highlighting the recent approved student loan scheme, agricultural initiatives, financial autonomy granted to local government councils in the country, and the approval of a new minimum wage for workers as reasons to give the government more time to deliver.
The group appealed to their members to remain calm and engage in dialogue, citing the proactiveness of some government appointees, including Engr. Agbasi, who have demonstrated commitment to youth empowerment and community development.
They also emphasised that President Tinubu-led administration has made significant progress in addressing the country’s challenges and, therefore, deserve more time to deliver on its promises.