Simon

From Dominance to Compliance

Last Tuesday saw Binance settle its long-running legal disputes with several U.S. government agencies, including the Department of Justice (DoJ), the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), and the U.S. Commodity Futures Trading Commission (CFTC). However, they failed to reach an agreement with the Securities and Exchange Commission (SEC) regarding their pending charges. As part of the settlement, Binance has agreed to pay an eye-popping fine of $4.3 billion. Furthermore, Changpeng Zhao (CZ), the CEO of Binance, will step down

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

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

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.

From Centralized to Decentralized

The issue of governance is a hot topic in crypto right now due in part to the regulatory clampdown that’s taking place in the US. However, the issue isn’t as simple and straightforward as some might imagine. Although it’s gaining popularity at present, it’s something that’s always been at the heart of our plans as Deniz, our CEO explains, “I believe that governance is a vital aspect of the Paribus vision and it will be very important to ensure our long-term success.” He adds, “The goal of transitioning into a

Paribus Mainnet Countdown.

We know the past few months have been drawn out for everyone eagerly awaiting the release date of our mainnet. Throughout each step, we’ve been direct and transparent with our community, and sometimes maybe a little too hopeful. But now the wait is over. Our developers have been working especially hard to meet the exacting requirements of the Hacken audit and we’re over the moon to have achieved a score of 8.7/10 which we feel represents the hard work of everyone involved. Now that we’ve passed with a high score

The Central Problem

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