confidence

Paribus: Next Steps

Now that our Mainnet V1 is live some people may be thinking that it’s time for the team to put their feet up and enjoy a well earned rest. They couldn’t be further from the truth. Rather than this huge milestone signifying the end, it marks the beginning of our main work. Over the coming weeks we’ll be continuing our marketing and development at pace. As we progress we’ll be sharing more details of the next features and iterations we’ll be adding to the protocol. When we launched on mainnet

Paribus. A Glimmer of Hope.

Following on from last week’s drama, this week sees more uncertainty in the banking, tech, and crypto sectors. While the US has been pushing a hardline policy of monetary tightening it now looks like the global financial system and tech sectors are on the brink of breaking which has caught Jerome Powell off guard. A hawkish Fed has been pushing interest rates higher, recently claiming they still had headroom to push harder and for longer than before due to the buoyant labor market. Fast forward a few days and two

Don’t Fear the FUD

Over the past week, the crypto market has taken a hit due to the usual Fear, Uncertainty, and Doubt (FUD) surrounding the potential for interest rate hikes and future regulations. It’s easy to get sucked into the panic and feel that crypto is being unfairly targeted. FUD is part and parcel of the crypto space and there are always plenty of narratives that accompany its volatility. In 2021 the favorite topic was China’s negative approach to crypto. Fast forward to today and Bitcoin miners are back operating in China and

Regulators at the Ready

Just as bull markets have narratives, so do bear markets, and the overriding narrative of this year has been regulation. Time and again the media has conflated a lack of regulation in crypto with the failures we’ve seen. It’s easy for people to conclude that as soon as regulation comes to crypto, investors will have confidence and flood back into the market. If that was true you would expect to see the stock market flooded with liquidity, but tech stocks are experiencing similar conditions to crypto. Not only is there

Organized Chaos

This week saw another round of interest rates hikes by central banks to try and control inflation. With all the talk of a potential pivot in monetary policy, interest rates continued their parabolic rise by 75 basis points in the UK, and the US. Initially the Federal Reserve’s announcement of a 0.75% interest rate increase caused markets to jump because this was the rise they’d been expecting and had already priced in. However, in the subsequent press conference the tone was more hawkish which caused the markets to drop a

Bugging Out

We’re pleased to announce that from today, October 13th 2022, Paribus will be launching our bug bounty program on ImmuneFi. The program will apply to our MVP even while it’s on the public testnet and should help to provide additional confidence when we’re ready to launch on the mainnet. Bug bounty programs are a crucial aspect of the ongoing maintenance and security of DeFi protocols. There are two main types of program, formal and informal. An example of an informal bug bounty program is the identification of several security vulnerabilities

alex: “This feels real now, we’re playing a Major, so there’s more pressure”

Movistar Riders have had a roller coaster of emotions at the PGL Stockholm Major, where they became the first Spanish team to compete at an event of this caliber. They started off with a win against Renegades, but then fell to Virtus.pro and Entropiq before coming out on top in a barn burner against TYLOO to make it to the final day of play. Movistar Riders have started to feel the heat in Sweden alex sat down to talk after Movistar Riders' close series with TYLOO, opening up about the

roeJ: “Whatever happens now, we can be nothing but proud of what we have accomplished”

This time last month, you would have been hard-pressed to find anyone believing that Copenhagen Flames would be making an appearance in the PGL Major's Legends Stage, but such has been the incredible story of the Danish squad who have taken the world by surprise. With a flawless run in the IEM Fall group stage, featuring wins over names such as G2 and BIG, the team found themselves just one step away from a place in the Challengers stage and went on to lock in their spot with a narrow

karrigan: “We could be a dark horse to go deep in this tournament”

FaZe became the first team to punch their ticket from the Challengers Stage to the Legends Stage at the Major with a clean record, taking down Spirit and ENCE in best-of-ones before making it out of the group stage unscathed with a 2-0 victory over Virtus.pro. The international squad also did so displaying a wide variety of play, winning their matches on four different maps: Overpass, Dust2, Mirage and Ancient. karrigan talked about topics ranging from the Major to team culture and having Olof back FaZe, the lowest seeded team,

Fnatic releases poignant behind-the-scenes video showing team’s Worlds 2021 struggles

It hasn’t been an easy run through the 2021 World Championship for Fnatic, winless through the first three games of their group stage performance. Before the start of the second round-robin for Group C, the LEC’s second seed has released an emotional behind-the-scenes look into the struggles that the roster is facing. In the video, head coach YamatoCannon addressed the situation around Fnatic’s AD carry Upset. Although he said that Upset gave him some details around the situation, he didn’t specify to the camera. YamatoCannon, however, said that the decision