Look

Stablecoins Under Scrutiny

Source Node:
Time Stamp: July 1, 2023 9:36 AM - Modified On: July 1, 2023 - Published By:
Source Cluster:
Republished By Plato

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

Crypto’s Moment of Truth

Source Node:
Time Stamp: July 1, 2023 9:24 AM - Modified On: July 1, 2023 - Published By:
Source Cluster:
Republished By Plato

In a pivotal moment for crypto, recent news that BlackRock and others such as Fidelity have filed for spot Bitcoin ETFs propelled BTC to a yearly high of just under $31,700. What does the arrival of these significant players mean for the future of crypto? For years, the prospect of a Bitcoin ETF approval in the United States has been shrouded in uncertainty. However, the tides are turning this time, as the involvement of industry giants like BlackRock hints at a higher likelihood of approval. Deniz, our CEO, echoes this

Dynamic Rewards Unleashed

Source Node:
Time Stamp: June 1, 2023 1:05 PM - Modified On: June 1, 2023 - Published By:
Source Cluster:
Republished By Plato

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

Press Release: TP ICAP announces first live trade through Fusion Digital Assets with GMEX trading and post-trade technology

Source Node:
Time Stamp: May 24, 2023 8:36 AM - Modified On: May 24, 2023 - Published By:
Source Cluster:
Republished By Plato

Fusion Digital Assets – TP ICAP’s wholesale marketplace for spot cryptoassets – is now live and has successfully completed its first XBTUSD pairs trade with the associated settlement processed by Fidelity Digital Assets℠ London, New York, 24 May 2023: GMEX Technologies (“GMEX”), a subsidiary of GMEX Group, a leader in digital business and technology solutions for capital markets players, exchanges and post-trade market infrastructure, today announced that TP ICAP, the world’s largest interdealer broker, has gone live with its Fusion Digital Assets wholesale cryptoasset exchange, powered by GMEX trading and post trade technology.

GroundUp Studios Launches Creative Council of Producers to Accelerate Web3 Music and Art in Asia

Source Node:
Time Stamp: May 17, 2023 5:48 AM - Modified On: May 17, 2023 - Published By:
Source Cluster:
Republished By Plato

Award-winning producers Derrick Sepnio, Fergus Chow and Jae Chong join Creative Council - with more to come Creative Council's main goal is to support member community in their music career development Producers aim to share professional tips on the music industry; provide insights and mentorship on music creation and production; identify and recruit member artists for potential collaborations and more HONG KONG, May 17, 2023 - (ACN Newswire) - GroundUp Studios, a forward-thinking, web3-focused music label today announced its Creative Council of professional veterans in the music industry, to accelerate

Paribus. Trust Less.

Source Node:
Time Stamp: May 3, 2023 4:35 AM - Modified On: May 3, 2023 - Published By:
Source Cluster:
Republished By Plato

One month ago, Jerome Powell, head of the Federal Reserve in the US, announced that the banking system was sound and robust despite the collapse of several large banks. After raising rates a further 0.25%, he said, “We’re committed to learning the lessons from this episode and to work to prevent events like this from happening again.” As we prepare for another potential 0.25% rate hike on May 3rd, another major bank in the US, First Republic Bank, has collapsed. Its collapse is part of a larger trend of consolidation

PreIPO® Chosen to raise $250M for SPiCE Fund II, shortly after SPiCE Fund I named leading VC fund of 2022 in Blockchain Ecosystem.

Source Node:
Time Stamp: April 28, 2023 6:49 AM - Modified On: April 28, 2023 - Published By:
Source Cluster:
Republished By Plato

PreIPO®, a leading provider of innovative financial technology solutions, is pleased to announce a new partnership with SPiCE VC. This partnership will enable PreIPO® to further expand its offerings and bring cutting-edge financial technology to a broader market. SPiCE Fund I has yielded a market leading 50.7% IRR and we are pleased to announce the offering of SPiCE Fund II. SPiCE VC has been deemed the best Venture Capital Fund of 2022 in the blockchain and tokenization ecosystem. Through this partnership, SPiCE Fund II will be featured on the PreIPO®

CoinFlip’s New Crypto Platform ‘Olliv’ Aims to Make Cryptocurrency a Simple Part of Everyday Life

Source Node:
Time Stamp: April 27, 2023 12:42 PM - Modified On: April 27, 2023 - Published By:
Source Cluster:
Republished By Plato

Award-Winning Company, CoinFlip, Introduces Accessible and Safe Solutions for ‘Olliv Us’ to Participate in the Digital Economy CHICAGO, April 26, 2023 – CoinFlip, a leading fintech company powered by cryptocurrency, announces today a new chapter of growth and product evolution with the launch of ‘Olliv,’ a safe, inclusive, self-custody-powered crypto platform delivering financial services in the digital economy accessible to everyone. Olliv is breaking down the exclusivity barrier of cryptocurrency and offering a space that welcomes the next generation of investors to the digital economy while serving as an onramp

Verofax to raise US$750,000 on Beban Crowdfunding Platform

Source Node:
Time Stamp: March 5, 2023 11:39 AM - Modified On: March 5, 2023 - Published By:
Source Cluster:
Republished By Plato

- Offering GCC retail investors interactive access to private equity investment opportunities BAHRAIN, Mar 5, 2023 - (ACN Newswire) - Verofax, the leader in brand marketing and AI-powered solutions for enterprise, was featured on Beban 2 (Episode 9, Mar 1, 2023), the hit entrepreneur & investment-themed reality TV program airing on Bahrain TV, Alrai TV and Dubai TV, as well as Shahid, the region's largest video-on-demand platform. Wassim Merheby, CEO & Co-Founder, and Jamil Zablah, CMO & Co-Founder, Veromax, a product winning SaaS provider helping brands achieve growth by turning offline products interactive for