Banking

Crypto Chaos

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Time Stamp: May 10, 2023 6:28 AM - Modified On: May 10, 2023 - Published By:
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Despite the second-largest bank failure in US history, the Federal Reserve continued its interest rate hike strategy last week. This caused markets to react by pricing in continued monetary tightening, pushing back their expectations of rate decreases to 2024. Some have perceived this move as necessary to combat inflation, even if it comes at the cost of breaking the banking sector. Unfortunately, this sober outlook suggests that the rest of the year may be marked by more sideways action in the markets rather than a steady recovery. Meanwhile, in the

Paribus. Trust Less.

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Time Stamp: May 3, 2023 4:37 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

Crypto Market Trends – BUSD Launched a Crypto Recovery Fund

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Time Stamp: April 26, 2023 7:14 AM - Modified On: April 26, 2023 - Published By:
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2023-4-6 The price volatility that has been experienced in the crypto sector since 2022 has shown the need for stablecoin issuers to hedge against their cryptocurrencies to avert potential disastrous eventualities such as implosions. Still, the market has a clear memory of the impact of the Terra USD crash on the crypto market in particular and the digital sector in general. This article discusses Binance’s initiative to introduce a recovery fund for its stablecoin Binance USD (BUSD). Binance to convert the recovery fund into a few cryptocurrencies Recently, Binance announced

Paribus: Next Steps

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Time Stamp: March 31, 2023 4:23 PM - Modified On: March 31, 2023 - Published By:
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Now that our Mainnet V1 is live some people may be thinking that it’s time for the team to put their feet up and enjoy a well earned rest. They couldn’t be further from the truth. Rather than this huge milestone signifying the end, it marks the beginning of our main work. Over the coming weeks we’ll be continuing our marketing and development at pace. As we progress we’ll be sharing more details of the next features and iterations we’ll be adding to the protocol. When we launched on mainnet

Turkish Arab Financial Forum to be held on March 13, 2023

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Time Stamp: March 10, 2023 6:25 AM - Modified On: March 10, 2023 - Published By:
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March 10, 2023 - Dubai, UAE: Crypto Oasis will be participating in the upcoming Turkish Arab Financial Forum to be held on March 13, 2023, at the Grand Hyatt Dubai. The event is being organized by Al-Iktissad Wal-Aamal Group in collaboration with the Ministry of Treasury and Finance of Türkiye and the Republic of Türkiye Investment Office and Unlock Blockchain. The forum aims to bring together high-level participants from Türkiye and the Arab world, including senior government officials, investors, VCs, asset managers, private equity firms, Fintech leaders, finance and investment leaders, investment bankers,

Experience the Future of Investment Banking with Finalis

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Time Stamp: January 4, 2023 8:39 AM - Modified On: January 5, 2023 - Published By:
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Finalis Marketplace™enables independent investment banks to source deal flow  in an easy-to-use, real-time technology-enabled platform SAN FRANCISCO and NEW YORK – Jan  4, 2023 – Finalis, a rapidly growing investment-banking-as-a-service platform for dealmakers, recently launched its state-of-the-art platform, Finalis Marketplace™. The platform allows investment bankers, placement agents and M&A advisors to offer, find and promote deal collaboration with other dealmakers in real-time without the risk of revealing their clients’ identity.  Finalis provides a unified white-labeled broker dealer platform that ensures a seamless experience for dealmakers. Sourcing, distributing, and executing deals

What payment method is Zimpler at online casinos?

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Time Stamp: December 8, 2022 2:21 PM - Modified On: February 26, 2024 - Published By:
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There is a new payment method for online casinos almost every year. In recent years, for example, Bitcoin, Brite and Zimpler have become popular in the online casinos favored by Finnish players. New payment methods bring benefits to either the player or the casino, or both. For the casino, a new payment method can mean, for example, lower transaction or monthly costs, and for the player, the new method can simply be easier to use than the old methods.   Zimpler no longer works with an invoice Zimpler is a

The history and future prospects of instant casinos

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Time Stamp: November 26, 2022 3:49 PM - Modified On: February 22, 2024 - Published By:
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The history of instant casinos is as long as the history of online casinos. Quick casinos have become popular, especially among mobile players, and they are a great way to enjoy gambling even on the go. Pikakasinos are online casinos where you can play without registration. With them, the player can start playing as soon as he wants, and money transfers are usually done using Trustly or Euteller. Pikacasinos offer a wide selection of different games, and their game selection is often significantly wider than traditional online casinos. The future

Illumishare launches presale of its $SRG token, backed by 24/7 live-streamed gold in Abu-Dhabi

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Time Stamp: November 18, 2022 5:29 AM - Modified On: November 18, 2022 - Published By:
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[vc_row][vc_column][vc_column_text] Illumishare has partnered with The Private Office of His Highness Sheikh Mohamed Bin Ahmed Bin Hamdan Al Nahyan from the Abu Dhabi Royal Family and is commercially licensed by the Abu-Dhabi authorities [/vc_column_text][vc_images_carousel images="1757475,1757476,1757477" img_size="large"][vc_column_text] Dubai, UAE, November 2022 – Illumishare, a blockchain-based digital asset management ecosystem, announces the official presale of its Abu-Dhabi-licensed $SRG token, which will begin after its unveiling event in Dubai on November 22. The token is backed by 3 uncorrelated assets including gold, stored in a safe room at a bank in Abu-Dhabi and broadcast

Passport of the Future

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Time Stamp: November 18, 2022 4:21 AM - Modified On: November 18, 2022 - Published By:
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A few years ago if you were to talk about governments being able to control your money and impose travel restrictions on their citizens most people would roll their eyes and ask where your tin foil hat was. These days however the dystopian future dreamt of by science fiction authors is rapidly becoming a reality. When it comes to dystopian visions of society and governmental overreach, most people’s first thoughts turn to China. Although they may be ahead of the curve at the moment, their path to a digital future

GenTwo partners with Apex Group’s EDB for global banking and paying agency solutions

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Time Stamp: November 11, 2022 7:02 AM - Modified On: November 11, 2022 - Published By:
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PRESS RELEASE Luxembourg and Zurich, November 9, 2022 — European Depositary Bank (“EDB”), the Luxembourg- based provider of banking, paying agency, depositary and custody solutions, and innovative securitization specialist GenTwo, announce their partnership to provide GenTwo with paying agent and banking services for third party investors globally. Zurich-based GenTwo creates securitization platforms for asset managers, banks, family offices and venture capital investors, enabling professional investors to easily invest in bankable and previously non-bankable assets. Institutional investors can use GenTwo’s securitization solution to realize their own product and business innovations, to

Too Big to Fail?

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Time Stamp: October 7, 2022 2:22 AM - Modified On: October 7, 2022 - Published By:
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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