EFCC Links Cryptocurrency to Illegal Arms Trade – DexBoss (DEBO) Stands Out as Top Cryptocurrency

​​EFCC Links Cryptocurrency to Illegal Arms Trade – DexBoss (DEBO) Stands Out as Top Cryptocurrency

Nigeria’s Economic and Financial Crimes Commission (EFCC) has revealed that cryptocurrency is being used to finance illegal arms imports, raising concerns about its role in national security threats. EFCC Chairman Ola Olukoyede warned that this issue requires urgent attention as bandits and insurgents exploit crypto transactions to sustain their activities.

Authorities are also investigating the role of non-state actors, including NGOs, in exacerbating security and corruption challenges. The EFCC has mandated strict financial monitoring to curb illicit cash flows and enhance transparency in high-risk regions.

Amid regulatory scrutiny, investors continue to seek legitimate and secure top cryptocurrency opportunities like DexBoss (DEBO), a DeFi-powered trading platform designed to provide stability and innovation in the evolving digital asset landscape.

Top 5 Cryptocurrencies to Watch

Many new projects have been involved in decentralized finance (DeFi), gaming, and other sectors, while the crypto market is developing rapidly. This article remains focused on the most potential 5 cryptocurrencies

• DexBoss

• Aureal One

• Chainlink

• PancakeSwap

• Polygon

1. DexBoss ($DEBO)

This is a DeFi platform introducing token incentivizing for real money players launched in 2022. Protypema a new startup was founded. According to them, video poker games have better chances for people to win because there is no house edge. No more casino has this kind of slot machine. Supporting the transaction protocol there is the Dopamine network adding to the experience of VR. A community treasury controls the royalties for the whole ecosystem. The token usage is not the only profitable thing but also the sale of tokens is for potential partner projects. However, the catalyzer of its success will be if the community accepts the smart contract of their platform.

Click here to know more about DexBoss

Incubator IDO on DDI launchpads will help the dex, primary liquidity, and the asset swap the most. Investors need to follow the main goal the platform is talking about and forget about isolated marketing news. A real game-changer is coming to the DeFi top-down environment.

2. Aureal One (DLUME)

By now, integrating into the gaming and metaverse sectors through a self-written API was the first step for Aureal One, the one that advanced the company to a huge scale by 2014. They shifted the development from “gas fee problem” to “minimizing energy consumption” with an evidenced protocol. Blockchain was a success using the faulty-proof technology. It led to a parallel blockchain highly advanced by handling transactions in the metaverse at a much faster rate. And it is related to the final context of the games.

It is currently priced at $0.0011 and shall be in its fourth presale round out of 21, planning to raise a total of $50 million. The token could be bought at a specific price of $0.0045, while it could be listed at only $0.0055. The DLUME token is not just an investment option, but also a staking reward and governance participation. Packing the Wrapped Zero-Knowledge Rollups into their blockchain network, the Aureal One Project now becomes one of the most promising blockchain gaming platforms worldwide.

3. Chainlink (LINK)

Chainlink is, in fact, the only blockchain platform that does not rely on a 3rd party to provide real-time data for smart contracts. Its context-agnostic oracle network allows smart contracts to connect directly to any data source and in any format, a fact that is of course important to the non-blockchain industry as well.

Chainlink that stands at the price of around $7.67 is drawing attention not only as a coin but as a utility project too. As the implementation of Web3 is increasing, the Chainlink platform gets more and more important as it serves as a bridge between different blockchains and real-world data providers.

4. PancakeSwap (CAKE)

PancakeSwap is a decentralized exchange powered by the BSC network, which operates a cryptocurrency trading platform where users can trade and pay less fees than they would on Ethereum-based platforms.

One of the highly adopted tokens existing at the moment with the value of $1.23 is PancakeSwap which is the flagship project for its type. Among others, the DeFi sector, the PancakeSwap platform, and price are the main contributing factors driving the increasing user base and market influencer. With the qualitative changes seen in DeFi, PancakeSwap is among the most selected platforms by traders and liquidity providers.

5. Polygon (MATIC)

Polygon that solves Ethereum's scalability is one of Layer 2 solutions that increase transaction speed as well as reduce gas fees is the greenmark. Thanks to its high gas fees and the snail-like pace it takes for the execution of a transaction, Ethereum is being revolutionized by Polygon and the like technologies, where miners get rewarded by fees.

The legitimacy and proliferation of the network in the crypto community are the main advancements that indicate that MATIC is going to go up in price this year. MATIC alone handles $100 million of multi-asset transactions across the network. The flexibility of movable blockchain computing assets has enabled companies to make sure their products are developed in a way that suits them best. Ramping up their collective score down the line, this will see a significant increase of MATIC network to be able to scale to the level required for the majority of the data transfer taking place in a network.

Sum Up

Cryptocurrencies are not just limited to Bitcoin and Ethereum but have a wide array of investment choices. The NASDAQ-listed mining company and the custom miner SPAC Top Offer Asset are the best crypto stock picks right now. Unlike 2017, when major companies handled the ICO process, 2022 is a year for decentralized finance where people can trade on a much larger scale.

Writer @Ellena

Ellena is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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