unfortunate

Paribus Vision

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Time Stamp: May 27, 2023 11:54 AM - Modified On: May 27, 2023 - Published By:
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Republished By Plato

For those who missed our announcements on social media, we are thrilled to share the exciting news that our Mainnet v1 will be relaunched on May 31st! The past few weeks have been demanding and challenging, but we couldn’t be happier with our progress. At Paribus, we have always emphasized the importance of security. While we were shocked and saddened by the exploitation of a loophole in our code, we firmly believe in finding the silver lining in every cloud. The steps we’ve taken following this unfortunate incident have made

XBO.com covers the bases FTX didn’t, all assets held 1:1 and always accessible to users

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Time Stamp: November 21, 2022 6:47 AM - Modified On: November 21, 2022 - Published By:
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Republished By Plato

XBO.com affirms its users come first by working on its Proof-of-Reserves protocol, promising crypto assets are safe at all time XBO.com, the cryptocurrency exchange making the benefits of crypto more accessible to everyone, reassures its users their funds are safe with the exchange, promising no mishandling of funds is possible. XBO.com is working on a proof-of-reserves protocol and is holding all assets of their users 1:1 in segregated accounts through its collaboration with Fireblocks, on its recently launched platform, which merges gaming-inspired UI and top security solutions to offer traders

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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Republished By Plato

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