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Bridging Real and Virtual Economies

In an era where decentralized finance (DeFi) promises revolutionary, permissionless, and credit-check-free access to financial services, the limitations to its application lie in the narrow range of digital assets it encompasses. But industry pioneers are working to widen its scope by introducing real-world assets (RWAs) to the digital realm. For instance, in collaboration with the Hong Kong Monetary Authority (HKMA), Ripple is embarking on a research project to try and tokenize real estate. This venture was made public about seven weeks ago as part of a broader initiative, the digital

Stablecoins Under Scrutiny

Amidst the market’s recovery from the recent onslaught of SEC crackdowns, rumors swirl over the potential targeting of stablecoins in their crosshairs. Such a move could have profound implications for cryptocurrency prices, making it crucial to gauge the likelihood of this scenario and the approach regulators might adopt. The largest stablecoins by market cap are Tether’s USDT and Circle’s USDC. Both are pegged to the US dollar and backed by various assets, typically highly liquid instruments like US Treasury bills. In theory, when someone wants to buy stablecoins from an

Crypto Chaos

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.

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

The AI Model to Combat Technology Biases in the Near Future

Machines are incessantly getting smarter through the use of NLP, or natural language processing; however, there’s a flipside to that as well, where the convenience of AI-powered models, be they chatbots, virtual assistants, or content creation tools, cannot be ruled out altogether. Why should one feel that way? Well, most of the AI models have a biased approach to problem solving. However, with the help of TruthGPT, the future may offer some light on the capabilities of biased AI models, despite their ability to sow social discontent, promote cultural differences, and create

Paribus: How loans work.

How Loans Work A surprising number of people worldwide have little understanding of how the modern monetary system works. This lack of financial literacy can have significant impacts on individuals and their ability to become more productive members of society. For instance, many people think that debt is bad without understanding that it’s an essential ingredient for growth. All of the world’s major economies operate a debt-based model which is paramount to ensure continued growth and expansion. Without the ability to create debt, growth is dictated by the current level

How will artificial intelligence change the lives of all of us?

Artificial intelligence (AI) is rapidly changing the way we live, work and play. As intelligent machines learn, think and reason like humans, AI will change the way companies operate, the way people interact with technology, and even our perception of our own humanity. Artificial intelligence is promised to revolutionize almost all sectors from gambling to traffic, make life easier for consumers, offer organizations ways to utilize data and create completely new job opportunities. The gambling industry is a good example The gambling industry is one of the sectors where the

The Hidden Gem of Digital Assets is Hidden No More…

Liti Capital’s ‘pivot’ to focus exclusively on its equity token receives an even better-than-anticipated reception from its token holders Geneva, Switzerland; August 2022: Liti Capital SA, the Swiss-based Litigation Funding specialist pioneering a new business model through the tokenization of its equity, has today provided a performance update following its recent announcement to pivot its focus away from its wLITI (‘wrapped’ LITI) token. On 1 July 2022, Liti Capital notified its token holders that it would be pivoting its focus away from its wLITI token, and insteadplacing its efforts entirely

Minting Milestones and Multi-pass Usage

Author: Half BAYCD During this Sunday’s Smoke Sesh we passed the 40% minted mark, just 3 weeks after launch on 8/8. We’re very grateful and appreciative of the community we’re creating and we wouldn’t be able to do this project without you. On Sunday we announced the ability to use more than one pass per asset — when we initially launched the project the requirement was 1 pass = 1 asset license, this has now changed. The new model of stacking passes both increases your ability to exploit your asset’s

These are the new cryptocurrencies to keep an eye on in 2022

As cryptocurrencies become more mainstream, new cryptocurrencies are popping up on the market every day. 2021 has already been an extremely successful year for cryptocurrencies and once again proved that they are not a dream bubble to be laughed at. There are currently a lot of new cryptocurrencies that are on their way onto the market. Which ones were really worth investing in? Of course, you can only find out about this and more from us. 1. Lucky Block (LBLOCK) Lucky Block could almost be described as an unlicensed casino