DeFi

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

Use Paribus: Trust & Security

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Time Stamp: January 11, 2023 3:34 AM - Modified On: January 11, 2023 - Published By:
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Learn and Grow 🤝 With the losses experienced in 2022, trust is more important than ever 🌐 Whether CeFi or DeFi, no platform or protocol is 100% safe. Learning who to trust is part of DYOR 🤓 Learn more:👉 https://blog.paribus.io/9b549f7fa0bf Join Paribus- Website | Twitter | Telegram | Medium | Discord | YouTube SEO Powered Content & PR Distribution. Get Amplified Today. Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here. Source: Plato Data Intelligence: Platodata.ai

What is AVAX? Everything You Need to Know About Avalanche

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Time Stamp: December 2, 2022 5:45 AM - Modified On: December 2, 2022 - Published By:
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SINGAPORE, Dec 1, 2022 - (ACN Newswire) - Welcome to this edition of 101 article exploring one of the staking coins on Moonstake. This time, we'll be looking at Avalanche and its native coin AVAX which has grown rapidly since its inception just a few years ago and is in the list of the most popular cryptocurrencies on the market. What Makes Avalanche Unique? Launched in September 2020, Avalanche is a Layer-1 blockchain that functions as a platform for dApps and custom blockchain networks. As a rival to Ethereum, Avalanche aims to dethrone it

Blockpass Introduces 1st Unhosted Wallet KYC Solution in the Crypto Sector

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Time Stamp: November 30, 2022 11:39 AM - Modified On: November 30, 2022 - Published By:
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HONG KONG, Dec 1, 2022 - (ACN Newswire) - Blockpass, the identity verification provider, is excited to announce a vital new service being launched to help businesses conform to new regulatory standards. With the release of Unhosted Wallet KYC(TM), companies are able to remain compliant with new regulatory laws that are coming into play globally in 2023. Unhosted or 'non-custodial' wallets are those for which individuals, rather than financial organizations, control the keys. Whilst many prefer to keep control over their own wallets given the variety of issues with businesses such as exchanges or

Spool adds 3 yield-generators to its institutional-grade platform for radically simplified DeFi

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Time Stamp: November 23, 2022 7:03 AM - Modified On: November 23, 2022 - Published By:
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[vc_row][vc_column][vc_column_text]Institutions and investor communities on Spool can now further customize and diversify their DeFi investments through new strategy integrations from Notional, Frax, and Idle.[/vc_column_text][vc_images_carousel images="1788621,1788622,1788623,1788624,1788625,1788626,1788627" img_size="full"][vc_column_text]November, 2022— Spool, the DAO platform allowing users to build seamless DeFi products for institutions and investors of all backgrounds, adds 3 new yield generators to its strategy offering. Strategy additions from leading protocols including Frax, Idle, and Notional to the Smart Vault creation tool enable greater customization and choice for the Spool community to build diversified and robust yield portfolios. DeFi platforms can often find themselves creating complicated products

Moonstake Taps Strategic Partner RockX to Integrate SOL Staking

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Time Stamp: November 10, 2022 5:50 AM - Modified On: November 10, 2022 - Published By:
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SINGAPORE, Nov 10, 2022 - (ACN Newswire) - Moonstake is pleased to announce we are working with long-time strategic partner RockX to integrate SOL staking. Through this collaborative effort, Moonstake is leveraging RockX Solana validator to bring its users access to the Solana staking ecosystem so they can start earning from staking SOL. Together, Moonstake and RockX will accelerate the growth of Solana in the blockchain industry through staking. Since January 2021, Moonstake has also been working with RockX to support the Polkadot staking ecosystem. Today, Moonstake is a recognized

Paribus Network Update

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Time Stamp: October 28, 2022 6:28 PM - Modified On: October 28, 2022 - Published By:
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For the past few weeks our MVP has been live on the public testnet and just two weeks ago we launched our bug bounty program. Already we’ve had some amazing feedback which has helped us tweak the platform ahead of its mainnet launch. While everyone usually hates bear markets because of the devastation they inflict on portfolios, as a project the additional time and space they give has proved invaluable. Not only have we been able to continue our development in a robust, methodical way, we’ve also had the time

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

Too Big to Fail?

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Time Stamp: October 7, 2022 5:05 AM - Modified On: October 7, 2022 - Published By:
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Several weeks ago we covered Credit Suisse in some of our articles about risk management and regulations. This week they’ve been in the news again for all the wrong reasons, which may have an impact on the crypto market. Once the darling of Wall Street, Credit Suisse is rapidly turning into its nemesis. Following several multi-million dollar fines, they’ve lurched from one scandal to another. In September 2021 the UK’s Financial Conduct Authority issued a statement saying, “The Financial Conduct Authority has fined Credit Suisse over £147 million for serious