Loans

Verofax facilitates Egyptian EU Export with CBAM Compliance and Lifecycle Assessment Solutions

  Egyptian Businessmen's Association (EBA) convenes export symposium on February 9 CAIRO, Feb 15, 2024 - (ACN Newswire) - The Egyptian Businessmen's Association (EBA) convened a symposium on February 9, chaired by Engineer Majd al-Din al-Manzalawi, Secretary-General and Chairman of the Association’s Industry and Scientific Research Committee, to address the challenges and opportunities presented by the Carbon Border Adjustment Mechanism (CBAM), a law governing manufacturing standards for Egyptian exporters. [caption id="attachment_1874375" align="alignnone" width="780"] The Egyptian Businessmen's Association (EBA) convened to discuss the importance of technology in keeping factories compliant with export

Blueberry Protocol Launches High-Leverage DeFi Hub Optimized For Liquidity Access and Risk Control

[PANAMA CITY, PANAMA] January 23, 2024 – Blueberry Protocol today announces the launch of its decentralized prime brokerage terminal, delivering industry-leading Loan-to-Value (LTV) ratios of up to 20x for optimized on-chain trading and yield strategies. Blueberry is the first protocol to enable decentralized access to generalized leverage models with leverage on Ethereum and offers an increasing value opportunity with more sophisticated security management and higher leverage than traditional prime brokerage. By merging innovative and transparent risk management instruments with an advanced leverage architecture, Blueberry aims to broaden accessibility, increase efficiency,

Paribus on the Rise

The past few weeks have seen a whirlwind of activity for the team, bridging over to Cardano and raising awareness of Paribus. The upcoming weeks and months will be equally exciting as we are poised to deliver more elements from our roadmap. As more of the circulating PBX supply transitions to Cardano, we’ve been making strides toward getting the token listed on two more decentralized exchanges (DEXs). We’ll be able to announce each one as they launch, so stay tuned to our Discord, Twitter, and Telegram channels for the latest

Bridging Real and Virtual Economies

In an era where decentralized finance (DeFi) promises revolutionary, permissionless, and credit-check-free access to financial services, the limitations to its application lie in the narrow range of digital assets it encompasses. But industry pioneers are working to widen its scope by introducing real-world assets (RWAs) to the digital realm. For instance, in collaboration with the Hong Kong Monetary Authority (HKMA), Ripple is embarking on a research project to try and tokenize real estate. This venture was made public about seven weeks ago as part of a broader initiative, the digital

Dynamic Rewards Unleashed

Following weeks of preparation and hard work, we’re incredibly excited to open the Paribus Mainnet v1 tomorrow. This marks the welcome return of our protocol and heralds the beginning of our rewards program. For those who participated in our staking program, the concept behind the rewards program will be simple to understand. We’ve allocated 100 million PBX tokens to be issued as rewards to borrowers on the platform. This concept is even more exciting because the rewards are scheduled to be released evenly across every block and are anticipated to

Paribus: How loans work.

How Loans Work A surprising number of people worldwide have little understanding of how the modern monetary system works. This lack of financial literacy can have significant impacts on individuals and their ability to become more productive members of society. For instance, many people think that debt is bad without understanding that it’s an essential ingredient for growth. All of the world’s major economies operate a debt-based model which is paramount to ensure continued growth and expansion. Without the ability to create debt, growth is dictated by the current level

The Question of Liquidity

While many people consider valuation to be the most challenging aspect of NFT lending, the real issue is liquidity. When taking an NFT as collateral for a loan it would be a recipe for disaster to think it can be sold easily at all points in the market cycle. During 2021 NFTs experienced a huge uptake in their popularity. Some said this surge in demand was the cause of increased gas fees on the Ethereum network. However, in between the two peaks of this surge, there was a terrifying liquidity

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

[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

Too Big to Fail?

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

Hokko Life Has a Long Way to Go Before It Can Compete With Animal Crossing

I hate to draw comparisons between games as every video game should be judged based on its own merit, but in the case of Hokko Life, the Animal Crossing comparisons are simply unavoidable. Your character arrives at a quiet little town, your daily life becomes a smorgasbord of picking up trash at the beach, planting trees and flowers, crafting furniture, and decorating the town and your own room. Aforementioned town is also full of talking animal citizens. As I said, the comparisons are unavoidable. On paper, Hokko Life should be