Blockchain
The Quest Schools Reaches Record Enrollment of Students on Full Scholarship in Nigeria
Houston, Texas–(Newsfile Corp. – June 28, 2023) – The Quest Schools, a public benefit corporation committed to offering tuition-free education to high potential students in low-income communities, has achieved a remarkable milestone of a 500% increase in enrollment in Nigeria.
Primary school students during an intermission at The Quest Schools campus in Ibadan, Nigeria
The organization initially launched in 2018 with 30 students in one location and now serves 186 students between the ages of 6 and 14 across multiple locations in Southern Nigeria. Each student receives a scholarship to cover the cost of tuition, uniforms, books, and supplies. This comprehensive support creates an enabling environment where students can actively pursue their education and cultivate their potential holistically. Students have access to basic math, reading, language, and science classes as well as computer literacy, creative arts, and vocational programs, which are all offered in a learning environment that stimulates creativity and critical thinking.
“Quality education is not a scam,” says Oyetayo Omotosho, Founder and Nigerian native. “Our goal is to provide our students with a well-rounded education that increases their chances of building successful careers so that they can become future leaders and innovators in their communities.”
Fourteen years ago, Omotosho was presented with a transformative opportunity to attend South Carolina State University on a full academic scholarship, an experience that altered the course of his journey and empowered him to forge a prosperous career in financial services.
Oyetayo says, “Nigeria is filled with smart and brilliant children who are simply not able to live up to their full potential without quality education. I envision a future where every child, regardless of their economic background, has equal opportunities to transform their future through cutting-edge education.”
With seed funding from Omotosho’s philanthropic efforts and support from a dedicated team of educators, support staff, and program managers, the organization’s capacity has grown exponentially over the last 5 years. About 3,000 students are screened each year for a chance to attend one of its primary, secondary, or vocational schools. Yet, only 3% of applicants are successfully enrolled due to capacity constraints. While there has been a significant increase in the number of applicants in recent years, there is much more work to be done. Within the next year, the organization is projected to build two more schools to serve 225 students at full capacity.
Oyetayo shared, “My hope is to align with other like-minded philanthropists who believe in our mission and want to invest in education as a tool to transform the lives of children and young adults. It’s the Omoluabi way, the belief that our true virtue is defined by our courage, hard work, respect, and community.”
About The Quest Schools
The Quest Schools is a public benefit corporation that offers tuition-free education to brilliant scholars in low-income communities. Established in 2018, the organization invests in primary, secondary, and vocational school students by providing them with access to quality educational programs that enhance their skills and knowledge for the future.
Contact Details:
Contact Name: Omodolapo Kolawole (Director of Engagement)
Contact Email: [email protected]
Website: www.thequestschools.org
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/171560
A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.
The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.
Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.
The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.
As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.
Source: cointelegraph.com
The post FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers appeared first on HIPTHER Alerts.
Blockchain
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.
The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.
Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.
As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.
Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.
Source: blockchain.news
The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.
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