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BREATHE! Appreciation & Mixer Ignites Excitement, Setting the Stage for Global Tech Revolution

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Time Stamp: June 9, 2023 6:05 AM - Modified On: June 9, 2023 - Published By:
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For Immediate Release June 8, 2023 LAS VEGAS, NV - BREATHE! Convention, BREATHE! Appreciation & Mixer event, which took place from May 3rd - 5th, 2023, at the Renaissance Hotel in Las Vegas, was met with an overwhelmingly positive reception as more than one hundred pioneers and emerging tech leaders shook hands, exchanged ideas, and built business relationships in anticipation for the upcoming BREATHE! Convention. Within attendance of this 3-day networking event included Web3 artists, blockchain developers and startups, venture capitalists, and other business leaders transforming the space of Web3,

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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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

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

Beyond the Dollar

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Time Stamp: April 27, 2023 6:35 AM - Modified On: April 27, 2023 - Published By:
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The global economy is at a crossroads with the US dollar’s future as the world reserve currency facing fresh challenges. For decades, the stability and dominance of the dollar have given the United States significant advantages in global trade, investment, and geopolitical influence. However, as emerging economies like China and India rise in prominence, their currencies are gaining traction in international transactions, challenging the dollar’s hegemony. China, in particular, has been busy over the past few months, actively promoting the Yuan and seeking to challenge US dominance in the global

Paribus. The Benefits of Collaboration.

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Time Stamp: April 12, 2023 3:08 PM - Modified On: April 12, 2023 - Published By:
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After discovering we were victims of an exploit, we’ve decided to share our plans to open-source our code and make it accessible to external developers. Our aims in so doing are simple; through leveraging a wider pool of minds, we will be better positioned to avoid potential faults and bugs that may arise in the future. Open-sourcing code has become increasingly popular in recent years, with many companies and organizations embracing these principles as a way to enhance innovation, reduce costs, and improve transparency. It involves allowing the public to

Paribus: Mainnet Ver.1 Live

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Time Stamp: March 28, 2023 4:18 PM - Modified On: March 28, 2023 - Published By:
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The creators of a brand new cross-chain decentralized borrowing and lending protocol are set to release their Mainnet v1 today, March 28th. The launch marks the first step in their journey to be the go-to borrowing and lending platform for NFTs. Initially, the protocol will offer wBTC, ETH, and USDT, however, engineers are currently working on integrating NFTs into the next iteration of the protocol. The unique approach Paribus takes toward these more exotic assets is to leverage artificial intelligence (AI) and machine learning (ML) systems to assess an accurate

Paribus. The Fragility of Finance.

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Time Stamp: March 25, 2023 7:30 AM - Modified On: March 25, 2023 - Published By:
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Despite a lot of turbulence in the markets this week the Federal Open Market Committee (FOMC) did exactly what was predicted. Jerome Powell carefully adjusted his language and reframed the narrative around his 25 basis point rate hike to try and calm the markets he had helped to damage. His forward guidance was only to expect further rate increases if inflation spirals out of control. He avoided taking any responsibility for the recent bank failures, claiming instead that the sector was stable and robust. In reality, the global financial system

Paribus Video Overview

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Time Stamp: January 12, 2023 2:36 PM - Modified On: January 12, 2023 - Published By:
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Paribus Outlook: Why is Decentralization Important? 🌐 New Paribus Video! 🎦 In our mini educational series, we provide a synopsis of the underlying topic and explain how Paribus will play a key role in the future of the blockchain space. Link to our YouTube channel: https://youtube.com/@Paribus_Crypto https://www.youtube.com/watch?v=U3eexTDyiKk Join Paribus- Website | Twitter | Telegram | Medium | Discord SEO Powered Content & PR Distribution. Get Amplified Today. Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here. Source: Plato Data Intelligence: Platodata.ai