On the eve of Super Bowl LIX, President Donald Trump expressed his enthusiasm for the upcoming event through a public statement, highlighting the significance of football in American culture. Scheduled to take place in New Orleans, the match will feature a fierce competition between the Kansas City Chiefs and the Philadelphia Eagles as they vie for the prestigious Vince Lombardi Trophy.

In his message, President Trump emphasized that football is not merely a game but a vital component of national unity. He stated, “The coaches, players, and team staff on the field tonight represent the best of the best in professional football, but they also embody the best of the American Dream.” This sentiment resonates with many fans who admire the dedication and resilience required to reach such a celebrated stage.

The President further articulated the community-strengthening essence of the sport, noting that it fosters connections among families, friends, and fans. He commended the commitment of players to both their sport and the greater good, illustrating how their journeys inspire countless individuals across the nation.

In light of the recent tragic events in the city, Trump also took a moment to acknowledge the loss of life and injuries resulting from a terror attack on New Year’s Day, extending his prayers for ongoing strength and healing to those affected.

As anticipation builds for the evening’s kickoff at 6:30 PM ET, which will be broadcast live on Fox, fans everywhere are reminded of the unifying power of sports—a sentiment poignantly reiterated by the President in his remarks.

In an exciting announcement for the cryptocurrency community, Bybit, a leading crypto exchange, has confirmed it will be listing $X tokens for spot trading on October 24, 2024, at 12:00 UTC. This development marks a significant milestone for the X Empire project, a burgeoning initiative powered by the TON blockchain and hosted within the Telegram mini-app ecosystem.

The X Empire project has garnered considerable attention among crypto enthusiasts, driven in part by its innovative “tap-to-earn” gaming model that leverages Telegram’s extensive user base. Currently in its Chill Phase, the project allows participants to earn up to 5% of the total token supply, which amounts to 34.5 billion tokens. This phase will conclude on October 17 at 18:00 UTC, although the X Empire team assures that participation in this phase is not required to be eligible for the initial token distribution of 70%.

Per Bybit’s announcement through its Telegram channel, $X deposits will open on October 18, 2024, at 8:00 AM UTC. The exchange has implemented this early deposit window to facilitate adequate preparation for traders ahead of the token listing. Furthermore, withdrawals will commence the following day, October 25, 2024, at 10:00 AM UTC, and will be conducted exclusively via the TON blockchain.

The response from the X Empire community has been overwhelmingly positive, with members eagerly anticipating the performance of $X tokens on Bybit and other platforms. As a project inspired by notable figures such as Elon Musk, X Empire aims to establish itself firmly within the competitive crypto landscape, bolstered by its recent endorsements and strategic exchange listings.

The inclusion of $X tokens on both Bybit and other exchanges like OKX enhances the credibility of the X Empire project, showcasing the growing relevance of the TON blockchain within the industry. As the project continues to develop, further listings and strategic partnerships are anticipated, reinforcing the potential for substantial growth and community engagement in the future.

With the countdown to the listing now underway, the X Empire project stands poised to make a significant impact in the crypto space, and the excitement surrounding its token is palpable.

In a significant move towards the formal acceptance of cryptocurrency in Nigeria, the Securities and Exchange Commission (SEC) has granted operational approvals to several crypto operators. On Thursday, the SEC announced that it had issued approval-in-principle to two Digital Asset Exchanges to commence operations under its Accelerated Regulatory Incubation Program (ARIP). Additionally, five firms have been admitted to test their models and technologies under the Regulatory Incubation Program (RI).

Among the approved firms are Busha Digital Limited, Quidax Technologies Limited, Trovotech Ltd, Wrapped CBDC Ltd, HousingExchange.NG Ltd, Dream City Capital, and Blockvault Custodian Ltd. The ARIP aims to onboard firms that were operational prior to the introduction of the Rules on Virtual Asset Service Providers in May 2022, while the RI Program is designed to assess and refine the business models of digital asset firms, enabling them to test their products in a regulated environment.

This initiative aligns with recent comments from Zacch Adedeji, chairman of the Federal Inland Revenue Service (FIRS), who mentioned that the government is drafting an executive bill to regulate the cryptocurrency sector to ensure it contributes positively to Nigeria’s economic development.

The SEC’s approvals signify a pivotal shift in Nigeria’s approach to cryptocurrency, especially in light of previous crackdowns on the sector earlier in 2024. These measures were introduced following the lifting of a ban on official crypto transactions in December 2023, primarily targeting operators accused of contributing to the naira’s volatility and financial misconduct.

Michael Adeyeri, CEO of Busha, expressed his satisfaction with the approval, highlighting the firm’s commitment to security and compliance throughout a rigorous five-year engagement with the regulatory process. These approvals mark Busha Digital Limited and Quidax Technologies Limited as Nigeria’s first licensed crypto operators.

The increase in regulatory oversight comes amid Nigeria’s status as one of the largest peer-to-peer (P2P) crypto markets globally, with substantial transaction volumes reported by Chainalysis. Industry analysts, including Senator Ihenyen, advocate for regulation, emphasizing that formal oversight will enhance consumer protection and investor safety.

The SEC has reiterated that only approved digital exchanges and platforms are authorized to conduct crypto trading in Nigeria, underscoring the importance of the ARIP and RI as essential pathways for legitimate entities seeking to introduce digital products and services to the Nigerian capital market. As the regulatory landscape evolves, the SEC continues to play a vital role in shaping the future of cryptocurrency in Nigeria.