bull

Andy Cheung Unites Former Binance, OKX, Celsius, Betfair Veterans to Launch AI-Powered Prediction Market

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Time Stamp: April 11, 2024 9:24 AM - Modified On: April 11, 2024 - Published By:
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HONG KONG, Apr 11, 2024 - (ACN Newswire) - As the crypto world braces for the biggest bull run in history in advance of Bitcoin halving, PredicXion, an innovative financial platform sets to revolutionize the crypto market by integrating AI to navigate and capitalize on the information-rich landscape of 2024. Steering this venture is Andy Cheung, alongside a team with roots in industry giants such as OKX, Binance, Huobi, Celsius, and Betfair. With AI at its core, PredicXion is not merely a platform; it's a comprehensive ecosystem designed to cater

A New Era of Ownership

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Time Stamp: March 12, 2024 6:15 AM - Modified On: March 12, 2024 - Published By:
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Months ago, the mainstream media wrote articles about how crypto was dead and that there would never be another bull run. Wild predictions of Bitcoin going to zero sought to instill fear in people so they would turn away from the markets and invest in more traditional assets. Yet, despite the doomsday prophecies, Bitcoin has surged to new heights, defying expectations even before the halving takes place. The media has quickly forgotten its failed predictions and instead turned its attention to the NFT market, echoing similar skepticism. Several articles have

The Tightrope of Regulation

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Time Stamp: September 26, 2023 7:08 AM - Modified On: September 26, 2023 - Published By:
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In a significant move at the recent G20 meeting in India, the International Monetary Fund (IMF) and the Financial Stability Board (FSB) released a joint paper outlining a framework for the global regulation of cryptocurrencies. While the proposals mostly tread familiar territory, what’s new is their conviction in crypto’s unstoppable growth and success. A flurry of optimism greeted the G20’s endorsement of the report because it advocates that countries don’t ban crypto. Hidden in its text, however, are some worrying signs. For example, on the first page, they state, “Widespread

Dynamic Rewards Unleashed

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Time Stamp: June 1, 2023 1:06 PM - Modified On: June 1, 2023 - Published By:
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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

Paribus Vision

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Time Stamp: May 27, 2023 11:55 AM - Modified On: May 27, 2023 - Published By:
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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

Paribus: A Regulatory Squeeze.

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Time Stamp: February 15, 2023 3:26 AM - Modified On: February 15, 2023 - Published By:
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Republished By Plato

A Regulatory Squeeze A common narrative you hear in crypto is that regulatory clarity will cause institutional investors to flood into the space. It’s often cited as the trigger for the next bull run. However, each time news of regulations hits the headlines markets plummet, and last week’s settlement between the SEC and Kraken was no exception. While it’s true that forward-thinking regulations will help to remove a lot of uncertainty from the space, it’s doubtful it will cause the next bull run. As we’ve seen from the present market

Interesting Times

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Time Stamp: September 22, 2022 1:50 PM - Modified On: September 22, 2022 - Published By:
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A few months ago the markets were confident we were approaching the end of big interest rate hikes and that after the summer central banks such as the US Federal Reserve would begin to ease their monetary policy. However, due to persistently high inflation, especially core inflation, the markets have adjusted their view which goes some way to explaining the recent crypto market volatility. As cryptocurrency is touted as an inflation hedge and an alternative form of money, users are often confused or surprised to discover that over the short