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Paribus Vision

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

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

Beyond the Dollar

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

BREATHE! Convention Expands Event Experience with Date and Location Change to September 2023 at World Market Center Las Vegas

For Immediate Release April 20, 2023 LAS VEGAS, NV - BREATHE! Convention, the premier event for emerging technology and digital transformation, has announced a date and location change for its upcoming convention. Originally scheduled for May 3-5, 2023, at the Las Vegas Convention Center, the event now takes place from September 13-15, 2023 at The Expo at World Market Center Las Vegas. This change embodies the ongoing commitment of BREATHE! to connect ever-expanding possibilities and provide additional unique and custom sponsorship opportunities and empower attendees and participants to embrace the

Paribus. The Benefits of Collaboration.

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

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

BREATHE! Convention Launches Unprecedented NFT Ticketing Function for Attendees Using NFT-TiX Marketplace

For Immediate Release March 28, 2023 LAS VEGAS, NV - BREATHE! Convention, the highly anticipated Web3 convention, is proud to announce the launch of its NFT ticketing function, powered by the NFT-TiX platform. This cutting edge blockchain ticketing platform is fully built and designed to revolutionize the ticketing industry by providing long-term solutions against fraud, scalping, and an out-of-control secondary market. "We wanted to offer our attendees an easy, and secure solution to purchase and collect tickets with functionality, pre-during-post event. Through our partnership with NFT-TiX, not only are we

Paribus. The Fragility of Finance.

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

NFT-TiX Secures VIP Lounge Naming Rights for Hardmission and Techmission Festival Prague 2023

For Immediate Release March 1, 2023 NEW YORK, NY - NFT-TiX, the rapidly expanding ticketing and NFT Ticketing marketplace, has entered into a partnership with United Music Events, securing the naming rights for the VIP area at the highly anticipated 2023 Hardmission and Techmission Festival in Prague. The VIP area on both events are designated as the "NFT-TiX VIP Lounge." This unique lounge promises to provide an exclusive and elevated experience for VIP ticket holders at both festivals. NFT-TiX is thrilled as part of these groundbreaking experiences, which are among

Verofax to raise US$750,000 on Beban Crowdfunding Platform

- Offering GCC retail investors interactive access to private equity investment opportunities BAHRAIN, Mar 5, 2023 - (ACN Newswire) - Verofax, the leader in brand marketing and AI-powered solutions for enterprise, was featured on Beban 2 (Episode 9, Mar 1, 2023), the hit entrepreneur & investment-themed reality TV program airing on Bahrain TV, Alrai TV and Dubai TV, as well as Shahid, the region's largest video-on-demand platform.   Wassim Merheby, CEO & Co-Founder, and Jamil Zablah, CMO & Co-Founder, Veromax, a product winning SaaS provider helping brands achieve growth by turning offline products interactive