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Prontoblock and Mercantile Bank International Partner to Modernize the $1.25 Trillion Commercial Paper Market Through Tokenization

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Time Stamp: August 10, 2023 7:38 AM - Modified On: August 10, 2023 - Published By:
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New York, August 10, 2023 – Prontoblock, a leading digital asset fintech company, is pleased to announce its strategic partnership with Mercantile Bank International (MBI). This partnership aims to revolutionize the commercial paper market through the tokenization of these financial instruments. This partnership will empower MBI clientele to engage in the purchase and issuance of tokenized commercial paper using Prontoblock’s cutting-edge digital assets platform. Prontoblock will collaborate closely with issuers to identify the most suitable commercial paper instruments for tokenization. The outstanding value of U.S. commercial paper exceeded $1.25 trillion

Dynamic Rewards Unleashed

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Time Stamp: June 1, 2023 1:05 PM - Modified On: June 1, 2023 - Published By:
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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

Travelzoo META Opens for Founding Members

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Time Stamp: May 11, 2023 7:21 AM - Modified On: May 11, 2023 - Published By:
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NEW YORK/PARIS/TOKYO, May 11, 2023 - (ACN Newswire) - The future of travel is here. After months of anticipation, Travelzoo META, a members-only service offering groundbreaking Metaverse travel experiences, is now accepting its first one million Founding Members. Launched by Travelzoo® (NASDAQ: TZOO), a global Internet media company, Travelzoo META will give Founding Members the opportunity to be the first to experience travel in the Metaverse. Travelzoo META's experiences are intended to allow its members to explore hard-to-reach corners of the world, like summiting Mount Everest, or travel back in time—to

Paribus. Trust Less.

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Time Stamp: May 3, 2023 4:35 AM - Modified On: May 3, 2023 - Published By:
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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

Blockpass heralds Consensus 2023 with the most affordable, built-for-crypto ZK KYC

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Time Stamp: April 25, 2023 5:32 AM - Modified On: April 25, 2023 - Published By:
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HONG KONG, Apr 25, 2023 - (ACN Newswire) - Blockpass is excited to reveal that it is sponsoring and attending the Consensus event in Austin, Texas this week, from the 26th to the 28th of April. One of Blockpass' founders, Hans Lombardo, will be available to meet prospective customers and investors as well as press representatives at the event. In addition, Blockpass is offering a temporary discount on its services, with its subscription plans at 50% off their monthly minimum and accompanied by a free 7-day trial. To claim this discount, customers need to

Paribus : Timing is everything

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Time Stamp: February 5, 2023 11:21 AM - Modified On: February 5, 2023 - Published By:
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Timing is Everything New York Yankees player, Yogi Berra famously said, “You don’t have to swing hard to hit a home run. If you got the timing, it’ll go.” In all walks of life, the same is true. Timing can be as much of a blessing as a curse. Being too far ahead of the curve can be as harmful as being too late to the party. At present, the crypto market is experiencing a pump that permabears are calling a relief rally while permabulls are calling it the start

FTX Trading Bankruptcy: Protecting Your Company’s Interests.

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Time Stamp: February 1, 2023 3:22 PM - Modified On: February 1, 2023 - Published By:
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Zuber Lawler is representing entities who received investments from Alameda Research and FTX Ventures. Alameda Research and several other FTX-related entities have filed bankruptcy proceedings in Delaware. These multiple filings are all being administered under one matter, In re FTX Trading, USBC Case No. 22-11068. Most first and second day motions have been heard and either have been granted or are currently pending. Things are moving forward. On January 18, 2023, FTX debtors moved for an order authorizing and approving procedures for a sale or transfer of what they have

Organized Chaos

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Time Stamp: November 5, 2022 11:01 AM - Modified On: November 5, 2022 - Published By:
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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

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.