crucial

Stablecoins Under Scrutiny

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Time Stamp: July 1, 2023 9:36 AM - Modified On: July 1, 2023 - Published By:
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Amidst the market’s recovery from the recent onslaught of SEC crackdowns, rumors swirl over the potential targeting of stablecoins in their crosshairs. Such a move could have profound implications for cryptocurrency prices, making it crucial to gauge the likelihood of this scenario and the approach regulators might adopt. The largest stablecoins by market cap are Tether’s USDT and Circle’s USDC. Both are pegged to the US dollar and backed by various assets, typically highly liquid instruments like US Treasury bills. In theory, when someone wants to buy stablecoins from an

Tokenovate and GMEX ZERO13 Enable Execution of World’s First Smart Legal Contract for Voluntary Carbon Credit Derivatives Trades using ISDA Definitions.

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Time Stamp: May 31, 2023 2:02 AM - Modified On: May 30, 2023 - Published By:
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BSV Blockchain based smart legal contract powers successful trade execution and settlement. London, May 31, 2023 - Tokenovate, a financial services company providing distributed financial market infrastructure (dFMI) enabling programmatic lifecycle event management of the pre-trade to post-trade workflow for OTC and Exchange traded derivatives, and ZERO13, a GMEX Group initiative, providing a digital climate fintech aggregation ecosystem announce the successful execution of the world's first smart legal contract for voluntary carbon credit (VCC) derivatives trades referencing the 2022 ISDA (The International Swaps and Derivatives Association) Verified Carbon Credit Transactions

Paribus Vision

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Time Stamp: May 27, 2023 11:54 AM - Modified On: May 27, 2023 - Published By:
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For those who missed our announcements on social media, we are thrilled to share the exciting news that our Mainnet v1 will be relaunched on May 31st! The past few weeks have been demanding and challenging, but we couldn’t be happier with our progress. At Paribus, we have always emphasized the importance of security. While we were shocked and saddened by the exploitation of a loophole in our code, we firmly believe in finding the silver lining in every cloud. The steps we’ve taken following this unfortunate incident have made

Paribus: No More Crypto

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Time Stamp: February 10, 2023 4:58 PM - Modified On: February 10, 2023 - Published By:
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Super Bowl Sunday This weekend will see the 57th annual Super-Bowl in the US exactly a year since the infamous Crypto-Bowl. Last year many said it was a blow-off top indicator and time has shown how right they were. For those that have hung on through the highs and lows of the past 12 months, the Crypto-Bowl seems like a distant memory. Despite all of the turmoils, upsets, and disasters crypto is still here and has weathered the storm well. Although most people’s portfolios are a fraction of what they

xBacked Launches xUSD, a 110% Over-Collateralised Stablecoin for Algorand Positioned to Transform the DeFi Realm

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Time Stamp: January 17, 2023 4:29 AM - Modified On: January 17, 2023 - Published By:
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MEDIA RELEASE xBacked is a permissionless over-collateralized stablecoin protocol built on Algorand that allows anyone to use cryptocurrency without the volatility xBacked's decentralised stablecoin xUSD is available now to be minted on the platform, and aims to maintain a stable value of $1 USD backed by assets in the basket Stability pool, on-chain governance and TGE (token generation event) will be available in the coming months 17 JANUARY 2023: Launching today, xBacked is set to raise the bar with its over-collateralized stablecoin, xUSD. Built on Algorand and backed by multiple

The Central Problem

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Time Stamp: November 21, 2022 1:07 AM - Modified On: November 21, 2022 - Published By:
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The black swan events of LUNA and FTX that have so far characterized crypto in 2022 left many in the space wondering how we got here. What began as a quiet revolution focused on decentralization and financial sovereignty has been corrupted by greed and the centralization of power and control. If crypto has any hope of a future it can only be found in reaffirming the central tenets of decentralization and financial sovereignty. While the media claim these problems are the fault of a lack of regulation it’s worth considering

Drawing Parallels

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Time Stamp: October 26, 2022 5:36 AM - Modified On: October 26, 2022 - Published By:
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For many people in crypto, the way that regulators are approaching the industry is unique and can at times seem unnecessarily adversarial. For those with prior experience in nascent industries, it bears remarkable similarities to how other technologies have seen regulations imposed on them. For many people in crypto, the way that regulators are approaching the industry is unique and can at times seem unnecessarily adversarial. For those with prior experience in nascent industries, it bears remarkable similarities to how other technologies have seen regulations imposed on them. Five years

Rare Bloom 2022

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Time Stamp: October 20, 2022 3:40 AM - Modified On: October 20, 2022 - Published By:
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Last weekend saw a host of Cardano community members and developers descend on the Gaylord Rockies Resort and Convention Center in Colorado for the first-ever Rare Bloom gathering. The two-day event featured presentations from key members of the community including the founder of Cardano, Charles Hoskinson. Both Deniz, our CEO, and Wilson, our COO attended the event to represent Paribus and strengthen our relationships with other projects. The concept behind Rare Bloom was for it to be, “a pioneering networking event, comprised of innovators, builders, entrepreneurs, creatives, marketers and educators.

Bugging Out

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Time Stamp: October 15, 2022 3:31 AM - Modified On: October 15, 2022 - Published By:
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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